Results     29-Apr-24
Announcements
Lagnam Spintex standalone net profit rises 380.26% in the March 2024 quarter
Sales rise 65.60% to Rs 149.65 crore
Net profit of Lagnam Spintex rose 380.26% to Rs 7.30 crore in the quarter ended March 2024 as against Rs 1.52 crore during the previous quarter ended March 2023. Sales rose 65.60% to Rs 149.65 crore in the quarter ended March 2024 as against Rs 90.37 crore during the previous quarter ended March 2023.

For the full year,net profit rose 49.28% to Rs 14.57 crore in the year ended March 2024 as against Rs 9.76 crore during the previous year ended March 2023. Sales rose 43.60% to Rs 437.50 crore in the year ended March 2024 as against Rs 304.66 crore during the previous year ended March 2023.

ParticularsQuarter EndedYear Ended
 Mar. 2024Mar. 2023% Var.Mar. 2024Mar. 2023% Var.
Sales149.6590.37 66 437.50304.66 44
OPM %13.278.22 -10.3010.11 -
PBDT13.784.09 237 30.1020.05 50
PBT10.302.27 354 20.8112.72 64
NP7.301.52 380 14.579.76 49

Previous News
  Lagnam Spintex standalone net profit rises 1084.62% in the December 2023 quarter
 ( Results - Announcements 12-Feb-24   15:17 )
  Lagnam Spintex standalone net profit rises 436.52% in the September 2021 quarter
 ( Results - Announcements 18-Oct-21   08:05 )
  Lagnam Spintex standalone net profit declines 21.34% in the September 2023 quarter
 ( Results - Announcements 09-Nov-23   16:28 )
  Lagnam Spintex standalone net profit declines 73.55% in the September 2022 quarter
 ( Results - Announcements 11-Nov-22   17:53 )
  Lagnam Spintex to discuss results
 ( Corporate News - 05-Nov-22   10:33 )
  Lagnam Spintex standalone net profit rises 1.31% in the June 2022 quarter
 ( Results - Announcements 28-Jul-22   17:17 )
  Lagnam Spintex to conduct AGM
 ( Corporate News - 03-Aug-19   14:16 )
  Lagnam Spintex Limited: [ICRA]BB+/[ICRA]A4+ reaffirmed; outlook revised to Stable from Negative; ratings withdrawn
 ( Press Releases - 13-Jul-21   12:55 )
  Lagnam Spintex to hold board meeting
 ( Corporate News - 15-May-23   15:12 )
  Lagnam Spintex standalone net profit declines 95.85% in the December 2022 quarter
 ( Results - Announcements 15-Feb-23   07:43 )
  Lagnam Spintex standalone net profit rises 14.70% in the March 2022 quarter
 ( Results - Announcements 18-Apr-22   07:56 )
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