Ramaraju Surgical Cotton Mills reports consolidated net loss of Rs 6.26 crore in the March 2024 quarter

Ramaraju surgical cotton mills released its financials for Q4 FY24. the revenue of the company increased by 18.6% year-on-year (y-o-y) from Rs 85 Cr inQ4 FY23 to Rs 101 Cr in Q4 FY24. The operating margins increased by 21% from Q4 FY24 and the net profit of the company increased from Rs -20Cr to Rs -9Cr.
The Y-o-y results show improvement in comparison to the previous quarter, with revenue up by 18.6% and a positive uptick in net income. However, it's important to remain vigilant as net income remains in the negative territory.