Suryalakshmi Cotton Mills Limited announced robust Q1 financial results. Total income increased by 11.8% to Rs 17,910.13 lakhs. Net profit after tax surged to Rs 146.03 lakhs, a 243.3% increase from the previous year. Profit before tax rose to Rs 215.40 lakhs, up 282.4%. The company's EPS improved to Rs 0.78 from Rs 0.23 in the same quarter last year.
Suryalakshmi Cotton Mills Limited reported a 243% increase in profit for Q1 ended June 30, with profits rising to Rs 146.03 crore from Rs 42.54 crore year-over-year. Revenue from operations grew by 12.4% to Rs 17,834.56 crore. The company's total income reached Rs 17,910.13 crore, up 11.8% from the previous year. Earnings per share (EPS) improved to Rs 0.78 from Rs 0.23. The company announced its 62nd Annual General Meeting to be held on September 30 via video conferencing, with book closure from September 23 to 30.