Aukland Jute has released its financial results for FY24

20 August 2024

The FY24 financial report for Auckland Jute Company indicates a 34% year-over-year decline in core revenue from operations, which has historically been modest (₹ 20.2 Lac ~8.5% of total revenue in FY24). However, the company's total revenue grew by 24%, reaching ₹2.4 Cr, primarily driven by investment income. Profit After Tax (PAT) increased by 30% to ₹1.6 Cr, and Earnings Per Share (EPS) also rose by 30%, reaching ₹5.66 per share.