Sreeleathers Q1 Results: Net profit rises 141% YoY to ₹70M
Sreeleathers delivered robust Q1 results with net profit jumping 141% YoY to ₹70 million. Revenue rose 19.7% to ₹596 million, while EBITDA margins expanded significantly to 14.93% from 7.97%, driven by strong operational efficiency and top-line growth.
Sreeleathers Ltd. reported Q1 financial results with revenue growth of 2.26% YoY to ₹498.00 crore. However, net profit declined by 37.00% to ₹29.00 crore, and EBITDA fell by 40.30% to ₹40.00 crore. EBITDA margin compressed to 7.97% from 13.72%. The company's 34th Annual General Meeting is scheduled for September 22, to be held virtually.