Raj Rayon Industries Second Quarter 2024 Earnings: EPS: ₹0.07 (vs ₹0.07 loss in 2Q 2023)

Raj Rayon Industries (NSE:RAJRILTD) Second Quarter 2024 Results

Key Financial Results

• Revenue: ₹1.80b (up by ₹1.80b from 2Q 2023).
• Net income: ₹38.4m (up from ₹37.7m loss in 2Q 2023).
• Profit margin: 2.1% (up from net loss in 2Q 2023). The move to profitability was driven by higher revenue.
• EPS: ₹0.07 (up from ₹0.07 loss in 2Q 2023).

All figures shown in the chart above are for the trailing 12 month (TTM) period

Raj Rayon Industries shares are up 5.6% from a week ago.

Risk Analysis

Before we wrap up, we've discovered 1 warning sign for Raj Rayon Industries that you should be aware of.

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