Cravatex announced that the Board of Directors of the Company at its meeting held on 24 May 2024, inter alia, have recommended the final dividend of Rs 3 per equity Share (i.e. 30%) , subject to the approval of the shareholders.Powered by Capital Market - Live News

Cravatex announced that the 72th Annual General Meeting(AGM) of the company will be held on 6 August 2024.Powered by Capital Market - Live News

Net profit of Cravatex declined 86.98% to Rs 0.50 crore in the quarter ended March 2024 as against Rs 3.84 crore during the previous quarter ended March 2023. Sales declined 39.48% to Rs 50.68 crore in the quarter ended March 2024 as against Rs 83.74 crore during the previous quarter ended March 2023.For the full year,net profit declined 91.80% to Rs 4.83 crore in the year ended March 2024 as against Rs 58.93 crore during the previous year ended March 2023. Sales declined 59.77% to Rs 202.63 crore in the year ended March 2024 as against Rs 503.66 crore during the previous year ended March 2023. ParticularsQuarter EndedYear Ended�Mar. 2024Mar. 2023% Var.Mar. 2024Mar. 2023% Var. Sales50.6883.74 -39 202.63503.66 -60 OPM %-3.71-3.93 --3.78-6.02 - PBDT0.691.53 -55 8.04-31.23 LP PBT0.301.09 -72 6.16-47.38 LP NP0.503.84 -87 4.8358.93 -92 Powered by Capital Market - Live News

Cravatex will hold a meeting of the Board of Directors of the Company on 24 May 2024Powered by Capital Market - Live News

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 Ended�Dec. 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 Powered by Capital Market - Live News