Sri Lakshmi Saraswathi Textiles
23.64
+0.05(+0.21%)
Market Cap₹7.92 Cr
PE Ratio-0.48
IndustryTextiles
Company Performance:
1D+0.21%
1M-20.78%
6M-30.47%
1Y-35.18%
5Y+352.01%
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More news about Sri Lakshmi Saraswathi Textiles
11Aug 25
Sri Lakshmi Saraswathi Textiles Reports Reduced Q1 Loss, Faces Going Concern Challenges
Sri Lakshmi Saraswathi Textiles reported a reduced net loss of ₹3.77 crore in Q1, down from ₹6.19 crore year-on-year. Total income decreased by 4.6% to ₹22.24 crore. The company faces financial challenges with accumulated losses of ₹91.96 crore and negative reserves of ₹71.92 crore. Auditors raised concerns about its going concern status. Outstanding statutory dues include ₹88.35 lakh for Employees' Provident Fund and ₹4.09 lakh for Employees' State Insurance. Despite challenges, management remains optimistic about future profitability.
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1 Year Returns:-35.18%
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