Lagnam Spintex Ltd also posted a good March 2025 quarter with revenue from operations of ₹1.63 billion and net profit of ₹85.4 million. The company's quarterly top-line shows the continuing year-on-year growth streak, picking up from its previous quarter momentum. This is a sharp improvement from the December 2024 quarter, when revenue was at ₹1.48 billion and net profit was at ₹23.5 million, showcasing the top-line growth and improved profitability.
Key Highlights:
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Revenue from operations in the March quarter was at ₹1.63 billion, higher than ₹1.48 billion in the last quarter, reflecting good demand and operational efficiency.
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Net profit jumped to ₹85.4 million, a significant increase from ₹23.5 million in Q3 FY25, reflecting better margins and cost control.
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The EPS of the company also increased significantly, reflecting the good bottom-line performance.
Lagnam Spintex remains to gain from healthy market trends in the textile industry and its emphasis on value-added offerings.
The firm's continued forays into technology and capacity increase are likely to further consolidate its market position during the next few quarters.
Analysts and investors will closely observe whether Lagnam Spintex is able to maintain this growth trend in the face of changing industry dynamics.
Sources: Moneycontrol, INDmoney, BlinkX