Showcasing a remarkable performance, Mafatlal Industries registered 81 per cent quarter-on-quarter rise in revenues, from Rs 420 crore in Q3FY24 to Rs 764 crore in Q4FY24. On a Y-o-Y basis, the company’s revenue escalated by 126 per cent from Rs 338 crore in Q4FY23 to Rs 764 crore in Q4FY24.
Mafatlal Industries net profit surged by 94 per cent Q-o-Q from Rs. 17 crore in Q3FY24 to Rs. 33 crore in Q4FY24. On a Y-o-Y basis, the company’s net profit increased by a staggering 175 per cent from Rs. 12 crore in Q4FY23 to Rs. 33 crore in Q4FY24.
Examining the company's profitability measures, there has been an improvement in return on equity (RoE), which increased from 4.19 per cent in FY21-22 to 6.05 per cent in FY22-23. Similarly, the return on capital employed (RoCE) rose from 8.02 per cent to 8.78 per cent during the same period. However, the net profit margin (NPM) stood at 2.70 per cent for FY22-23.
Mafatlal Industries is involved in the manufacture and trading of textiles and technology-related products. Their product range includes clothing, school uniforms, traditional textiles, health and hygiene products, and educational technologies. The company caters primarily to the textile and allied product market as well as the digital infrastructure industry.
