Indo Gulf Industries Reports Quarterly Profit of Rs 104.14 Lakh, Reversing Previous Losses Sep 17, 2025
Indo Gulf Industries Limited has reported a significant turnaround in its Q1 FY24 results. The company posted a net profit of Rs 104.14 lakh, compared to a loss of Rs 19.19 lakh in the previous quarter. Revenue from operations slightly decreased to Rs 6,995.50 lakh from Rs 7,136.66 lakh. Total income stood at Rs 7,005.65 lakh, while total expenses were Rs 6,726.52 lakh. Earnings per share improved to Rs 1.09 from Rs -0.20 in the previous quarter. The board meeting to approve these results was held on August 14, with Director Rajesh Jain authorized to sign and file the financial statements due to the unavailability of the Managing Director.