Pashupati Cotspin Q1 Results Income ₹11,458.34M & Expenses ₹10,768.25M

Pashupati Cotspin Q1 Results Summary 

Pashupati Cotspin Q1 Results: Pashupati Cotspin reported their financial results with a noticeable shift in their earnings and expenses for the first quarter ended June 30, 2024. Their total income from operations reached ₹11,458.34 million, up from ₹10,247.91 million in the previous quarter. This increase in income highlights a positive growth trajectory for the company. 

Pashupati Cotspin’s total expenses also saw a rise, amounting to ₹10,768.25 million compared to ₹9,978.59 million in the previous quarter. This increase in expenses was primarily due to higher costs in material consumption and operational costs.

Despite the higher income, Pashupati Cotspin’s profit before tax for the quarter was ₹690.09 million, which is a decrease from ₹1,016.36 million in the last quarter. This decline in profit can be attributed to the increased expenses and operational challenges faced during this period.

Pashupati Cotspin reported a net profit after tax of ₹452.07 million, down from ₹732.47 million in the previous quarter. This drop in net profit reflects the impact of rising costs and other financial pressures on the company's overall profitability.

Source: Here 

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Pashupati Cotspin Q1 Results Overview

Here is a simplified table of Pashupati Cotspin's Q1 Results:

Pashupati Cotspin Stock Performance 

The Pashupati Cotspin table provides important financial details about the company. The Market Capitalization is ₹726 Crore, which means this is the total value of all its shares combined. The Current Price of each share is ₹475. The 52-Week High / Low shows the highest price was ₹520 and the lowest was ₹85 in the past year. 

Here is the financial information in table format:

About Pashupati Cotspin

Pashupati Cotspin is the main company in the Pashupati Group and is listed on the National Stock Exchange (NSE). Founded as part of a group with a long history in textiles, Pashupati Cotspin specializes in producing high-quality cotton yarn. The company plays a crucial role in the textile industry by managing the entire process from ginning to spinning, ensuring top-notch fabric production.

Pashupati Cotspin exports its products to 35 countries around the world, demonstrating its international reach and reputation. Pashupati Cotspin operates large, modern warehouses that cover 350,000 square feet. These warehouses are designed to handle all aspects of production, including manufacturing, assembly, storage, and logistics.

Pashupati Cotspin is also committed to environmental sustainability. It has invested in green energy projects like solar and wind power, with a total capacity of 17.6 MW. This generates over 36 million green units of energy, reflecting the company's dedication to reducing its environmental impact.