Sri Nachammai Cotton Mills
34.69
+1.74(+5.28%)
Market Cap₹14.95 Cr
PE Ratio-
IndustryTextiles
Company Performance:
1D+5.28%
1M+4.46%
6M-9.83%
1Y-7.94%
5Y+192.25%
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Latest news about Sri Nachammai Cotton Mills
Sri Nachammai Cotton Mills Reports ₹5.38 Crore Profit in Q1, Boosted by Exceptional Income Aug 11, 2025
Sri Nachammai Cotton Mills Limited posted a net profit of ₹5.38 crores in Q1, compared to a loss of ₹3.21 crores in the same quarter last year. Revenue increased by 22.22% to ₹17.00 crores, while total expenses decreased by 21.37%. An exceptional income of ₹6.59 crores from restructuring redeemable preference shares contributed significantly to the profit. The company implemented cost-control measures, including reduced capacity operation and solar power installation. Despite improvements, challenges persist due to poor yarn demand and price disparities in the textile industry.