Textile الزيارات: 1414

Sangam (India) Limited Q4 FY2023 financials reported

Textile الزيارات: 1414
Sangam (India) Limited Q4 FY2023 financials reported
Textile الزيارات: 1414

01 May 2023, Mumbai 

Sangam (India) Limited, has reported its consolidated financial results for the period ending March 31, 2023. The company's total income for the quarter stood at Rs. 690.14 crores, representing a 13.34% increase from the previous quarter's income of Rs. 608.89 crores. The net profit for the same period was reported to be Rs. 30.13 crores, marking a significant increase from the net profit of Rs. 17.55 crores reported in the previous quarter.

However, when compared year-over-year, Sangam (India) Limited's Q4 FY2023 financials reflect a decline. Total income for Q4 FY2023 was reported to be Rs. 690.14 crores, down from Rs. 737.31 crores for the same period in the previous year. The net profit for Q4 FY2023 was also reported to be lower at Rs. 30.13 crores compared to Rs. 53.44 crores for Q4 FY2022.

For the financial year ended March 31, 2023, the company's total income was reported to be Rs. 2729.44 crores, marking an increase of 11.64% from the previous financial year. However, the net profit for the financial year ended March 31, 2023, was lower at Rs. 130.54 crores compared to Rs. 139.94 crores for the previous financial year.

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