Axita Cotton
9.14
+0.40(+4.58%)
Market Cap₹349.65 Cr
PE Ratio-291.00
IndustryTextiles
Company Performance:
1D+4.58%
1M+3.28%
6M+6.65%
1Y-6.83%
5Y-10.83%
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More news about Axita Cotton
11Aug 25
Axita Cotton Reports Profit Turnaround and Auditor Resignation in Q1
Axita Cotton Limited announced improved Q1 financial results, with consolidated revenue of Rs. 156.70 crore and a net profit of Rs. 1.33 crore, reversing previous quarter's loss. Standalone performance showed 12% revenue growth. The company's statutory auditors, M/s Mistry & Shah LLP, resigned citing internal strategic realignment. Axita Cotton also completed divestment of 55% equity in its subsidiary, KPR Sports and Media Services Private Limited.
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24Jul 25
Axita Cotton Limited Secures Approval for Promoter Reclassification
Axita Cotton Limited has received approval from BSE and NSE to reclassify seven shareholders from Promoter/Promoter Group to Public category on July 24, 2025. This reclassification results in a minor shift in shareholding structure, with Promoter Holding decreasing from 41.93% to 41.92% and Public Holding increasing from 58.07% to 58.08%. The approval was granted under SEBI Regulation 31A, following the company's application on November 30, 2024.
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26May 25
Axita Cotton Reports Q4 Loss Amid Revenue Decline
Axita Cotton's Q4 financial results show a 36.65% year-over-year revenue decline to 1.40 billion rupees. The company reported an EBITDA loss of 26.00 million rupees, down from a 72.30 million rupee gain last year. Net loss improved to 19.00 million rupees from 49.50 million rupees in the previous year but worsened from 12.00 million rupees in Q3. Despite revenue challenges, the reduced year-over-year net loss suggests potential cost-cutting measures or improved efficiencies.
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Axita Cotton
9.14
+0.40
(+4.58%)
1 Year Returns:-6.83%
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