Bhandari Hosiery Exports Reports 13.4% Rise in Q1 Net Profit
Bhandari Hosiery Exports Limited announced a 13.4% increase in net profit for Q1 FY2024, rising to Rs 161.90 lakh from Rs 142.71 lakh year-over-year. Revenue from operations grew by 8.3% to Rs 6,290.67 lakh. Total revenue reached Rs 6,296.95 lakh, up 8.5% compared to the same quarter last year. The company's Board of Directors approved these unaudited financial results on August 14. Statutory auditors M/s Raj Gupta & Co provided a limited review report, finding no issues with the financial results' presentation.