For the fourth quarter ended March 31, 2024, Siyaram Silk Mills reported a significant increase in total income to Rs 654.18 crore from Rs 514.46 crore in the previous quarter ended December 31, 2023. The net profit for Q4 FY2024 surged to Rs 69.03 crore from Rs 44.44 crore in Q3 FY2024.
On a year-on-year basis, the company's total income for Q4 FY2024 decreased by 7.31 per cent to Rs 654.18 crore from Rs 705.77 crore in Q4 FY2023. The company’s net profit declined by 21.68 per cent to 69.03 crore from Rs 88.14 crore in the same period the previous year.
For the financial year ended March 31, 2024, Siyaram Silk Mills reported a 6.3 per cent increase in to total income to Rs 2,129.65 crore from Rs 2,272.77 crore for the year ended March 31, 2023. The net profit for FY2024 declined by 26.39 per cent to Rs 184.75 crore from ₹250.99 crore in FY2023.
