Merino Industries Ltd. has announced its results for FY24
Written by: Diksha Kalra
Published: Sep 16, 2026
Updated: Sep 16, 2026
2 min read
- Revenue - In FY24, the company's revenue grew by 4%, increasing from Rs. 2,176 cr in FY23 to Rs. 2,252 cr in FY24, driven by higher sales of panel products, furniture, and potato flakes, despite a slight decline in laminator sales. The net income of the company rose by 3%, from Rs. 118 cr in FY23 to Rs. 122 cr in FY24. This led to a 3% increase in EPS, which went up from Rs. 105 in FY23 to Rs. 109 in FY24.
- Financial position - The company's total asset base grew by 13%, rising from Rs. 2,310 cr in FY23 to Rs. 2,599 cr in FY24. Additionally, total equity increased by 9%, moving from Rs. 1,248 cr in FY23 to Rs. 1,360 cr in FY24.
- Future prospects - The Directors and Management of your Company anticipate steady growth and favorable outcomes in the coming years. Moreover, the company has invested Rs. 9 cr in comprehensive energy conservation measures, air emission control, waste value creation, and water conservation projects, marking a commitment to ecological sustainability.
Stay Connected, Stay Informed –
Join Our
Don’t miss out on exclusive updates, market trends, and real-time investment opportunities. Be the first to know about the latest unlisted stocks, IPO announcements, and curated Fact Sheets, delivered straight to your WhatsApp.
Planify Enterprises Private Limited
Planify Capital Limited
Licensed By
Mutual Fund License No.:
ARN-164419
IRDA Code (1):
ABLIC1003123454
IRDA Code (2):
ABLIC1003131639
Startup India Certificate No.:
DIPP93786
Other Websites
ⓒ 2016-2026 Planify. All rights reserved, Built with
in India
