Sri Lakshmi Saraswathi Textiles Arni Ltd Q1FY24 loss at Rs. 5.24 crores

SRI LAKSHMI SARASWATHI TEXTILES (ARNI) LTD. has reported Standalone financial results for the period ended June 30, 2023.

Financial Results (Q1 FY2024) - QoQ Comparison

The company has reported total income of Rs. 35.1007 crores during the period ended June 30, 2023 as compared to Rs. 34.6739 crores during the period ended March 31, 2023.

The company has posted net profit / (loss) of Rs. -5.2461 crores for the period ended June 30, 2023 as against net profit / (loss) of Rs. -5.3865 crores for the period ended March 31, 2023.

The company has reported EPS of Rs. -15.74 for the period ended June 30, 2023 as compared to Rs. -16.16 for the period ended March 31, 2023.

Financials	Q1 FY2024	Q4 FY2023	% Change
Total Income	₹ 35.1007 crs	₹34.6739 crs	1.23%
Net Profit	₹-5.2461 crs	₹-5.3865 crs	2.61%
EPS	₹-15.74	₹-16.16	2.60%

Financial Results (Q1 FY2024) - YoY Comparison

The company has reported total income of Rs. 35.1007 crores during the period ended June 30, 2023 as compared to Rs.43.0792 crores during the period ended June 30, 2022.

The company has posted net profit / (loss) of Rs.-5.2461 crores for the period ended June 30, 2023 as against net profit / (loss) of Rs.-1.4548 crores for the period ended June 30, 2022.

The company has reported EPS of Rs.-15.74 for the period ended June 30, 2023 as compared to Rs.-4.37 for the period ended June 30, 2022.

Financials	Q1 FY2024	Q1 FY2023	% Change
Total Income	₹ 35.1007 crs	₹43.0792 crs	-18.52%
Net Profit	₹-5.2461 crs	₹-1.4548 crs	260.61%
EPS	₹-15.74	₹-4.37	260.18%

Shares of SRI LAKSHMI SARASWATHI TEXTILES (ARNI) LTD. was last trading in BSE at Rs. 38.01 as compared to the previous close of Rs. 39.78. The total number of shares traded during the day was 1749 in over 31 trades.

The stock hit an intraday high of Rs. 40.99 and intraday low of 37.82. The net turnover during the day was Rs. 66446.00.

Source : Equity Bulls

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SriLakshmiSaraswathiTextilesArni Q1FY24 ResultUpdate