Sri Vishnu Shankar Mills has released its financial results for FY24

20 August 2024

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.