Cravatex consolidated net profit declines 99.07% in the December 2023 quarter

Sales decline 56.49% to Rs 37.90 crore

Net profit of Cravatex declined 99.07% to Rs 0.79 crore in the quarter ended December 2023 as against Rs 85.38 crore during the previous quarter ended December 2022. Sales declined 56.49% to Rs 37.90 crore in the quarter ended December 2023 as against Rs 87.10 crore during the previous quarter ended December 2022. ParticularsQuarter EndedDec. 2023Dec. 2022% Var.Sales37.9087.10 -56 OPM %-10.00-18.98 -PBDT1.90-17.72 LP PBT1.41-20.63 LP NP0.7985.38 -99

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