The company has announced its FY24 results, revealing a poor performance across various financial metrics. Revenue experienced a decline of 18%, dropping from ₹310 crore in FY23 to ₹253 crore in FY24. The company's net income also decreased significantly from a loss of ₹3 crore in FY23 to a loss of ₹21 crore in FY24. Earnings Per Share (EPS) also showed a negative trend, decreasing from a negative ₹21 in FY23 to a negative ₹144 in FY24. The company's total assets also degrew by 7%, from ₹348 crore in FY23 to ₹322 crore in FY24. Overall, the performance has been very poor across all the line items.

Sri Vishnu Shankar Mill is the part of Ramco Group of companies having diversified business activities like Textiles, Cement, Cement products, Surgical products, Software.

Sri Vishnu Shankar Mills has released its financial results for FY24