Eurotex Industries & Exports
16.00
+0.49(+3.16%)
Market Cap₹14.00 Cr
PE Ratio-17.03
IndustryTextiles
Company Performance:
1D+3.16%
1M+2.24%
6M-20.87%
1Y-11.99%
5Y+140.60%
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More news about Eurotex Industries & Exports
07Nov 25
Eurotex Industries Reports Profit Amid Plant Closure and Asset Sales
Eurotex Industries and Exports Limited reported a profit of ₹181.10 lakhs for Q2 FY2026, compared to a loss of ₹307.49 lakhs in Q2 FY2025. The turnaround was primarily due to asset sales, including plant machinery and land at Kolhapur, which contributed ₹332.73 lakhs to other income. The company has settled bank dues, plans to develop available land at Kolhapur, and is involved in ongoing legal proceedings regarding labor issues. Despite improved quarterly results, the company's net worth remains eroded, but management maintains a going concern basis for financial statements.
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07Aug 25
Eurotex Industries Reports Q1 Loss of Rs 87.04 Lakhs Amid Ongoing Plant Closure
Eurotex Industries & Exports reported a net loss of Rs 87.04 lakhs for Q1, an improvement from Rs 111.37 lakhs loss in the previous year. Revenue dropped to Rs 4.43 lakhs from Rs 62.13 lakhs. Manufacturing plants in Kolhapur remain closed since March 2019 due to labor disputes and power issues. The company has settled all dues with lender banks and plans to develop available land in Kolhapur. The Board approved M/s Aabid & Co. as Secretarial Auditors for five years from April 2025.
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1 Year Returns:-11.99%
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