Osiajee Texfab Reports Q1 Results, Showcases Growth on Consolidated Basis
Osiajee Texfab Limited announced its Q1 financial results, showing significant growth on a consolidated basis. The company's consolidated total income reached ₹83.03 lakhs with a net profit of ₹39.62 lakhs, compared to standalone figures of ₹12.44 lakhs and ₹3.00 lakhs respectively. Earnings per share stood at ₹0.73 consolidated and ₹0.55 standalone. The company successfully migrated to the BSE Main Board, marking a milestone. The strong performance is attributed to the contribution of its wholly-owned subsidiary, Osiajee Agro Farms Limited.

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Osiajee Texfab Limited , a company operating in financial services and related activities, has announced its financial results for the first quarter. The company, which recently migrated to the Main Board of BSE, has shown significant growth on a consolidated basis.
Financial Performance
Standalone Results
- Total income from operations: ₹12.44 lakhs
- Net profit after tax: ₹3.00 lakhs
- Earnings per share: ₹0.55
Consolidated Results
The consolidated results, which include the wholly-owned subsidiary Osiajee Agro Farms Limited, demonstrated stronger performance:
- Total income from operations: ₹83.03 lakhs
- Net profit after tax: ₹39.62 lakhs
- Earnings per share: ₹0.73
Key Highlights
Main Board Migration: Osiajee Texfab successfully migrated to the Main Board of BSE, marking a significant milestone for the company.
Consolidated Growth: The consolidated results show a substantial increase in both revenue and profitability compared to the standalone figures, indicating the positive impact of the subsidiary's performance.
Subsidiary Contribution: Osiajee Agro Farms Limited, the wholly-owned subsidiary, has played a crucial role in boosting the consolidated numbers.
Single Segment Operation: The company continues to operate in financial services and related activities as a single business segment.
Financial Snapshot
Particulars | Standalone (₹ in lakhs) | Consolidated (₹ in lakhs) |
---|---|---|
Total Income | 12.44 | 83.03 |
Net Profit After Tax | 3.00 | 39.62 |
Earnings Per Share (₹) | 0.55 | 0.73 |
The company's board of directors reviewed and approved these results in their meeting. The financial statements have been prepared in accordance with the Indian Accounting Standards (IND AS) as prescribed under Section 133 of the Companies Act, 2013.
Osiajee Texfab's migration to the BSE Main Board and its strong consolidated performance indicate potential for growth and increased market visibility.
Historical Stock Returns for Osiajee Texfab
1 Day | 5 Days | 1 Month | 6 Months | 1 Year | 5 Years |
---|---|---|---|---|---|
-0.13% | -4.61% | -2.75% | +242.77% | +435.14% | +663.64% |