Raj Rayon Industries Reports Profit Turnaround and Adopts CSR Policy in Q1
Raj Rayon Industries Limited reported a significant financial turnaround in Q1. Revenue from operations increased by 28.66% to ₹26,019.21 lakhs. The company shifted from a loss of ₹347.80 lakhs to a profit after tax of ₹607.27 lakhs. Basic EPS improved from -₹0.06 to ₹0.11. The board adopted a new corporate social responsibility policy. Auditors highlighted an ongoing process related to three inoperative bank accounts from the pre-insolvency period.
30May 25
Raj Rayon Industries Swings to Profit in Q4, Reports ₹134.00 Crore Net Income
Raj Rayon Industries posted a net profit of ₹134.00 crore in Q4, compared to a loss of ₹21.00 crore in the same quarter last year. The company's profit increased from ₹82.00 crore in the previous quarter. However, revenue slightly declined to ₹2,060.00 crore from ₹2,170.00 crore year-over-year.
29May 25
Raj Rayon Industries Reports Significant Q4 Profit Turnaround and Improved EBITDA
Raj Rayon Industries reported a net profit of ₹134.00 crore in Q4, compared to a loss of ₹21.00 crore in the same period last year. Revenue slightly decreased to ₹2,060.00 crore, down 5.1% year-over-year. EBITDA rose by 53.6% to ₹106.00 crore, with EBITDA margin expanding to 5.16%. The company's annual performance for FY2024 showed significant improvements, with revenue at ₹745.10 crore and EBITDA at ₹32.50 crore.