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More news about AYM Syntex
10May 25
AYM Sintex Reports Significant Drop in Q4 FY2023 Net Profit and EBITDA
AYM Sintex, a textile industry player, has released its Q4 FY2023 financial results, showing a significant decline in profitability. Net profit fell by 89.69% year-over-year to ₹20.00 crore, down from ₹194.00 crore in Q4 FY2022. EBITDA decreased to ₹10.90 crore from ₹25.50 crore, with the EBITDA margin dropping to 3.01% from 6.81%. Revenue slightly decreased by 2.70% to ₹360.00 crore compared to ₹370.00 crore in the previous year.