Shiva Texyarn Full Year 2024 Earnings: ₹8.31 loss per share (vs ₹5.12 loss in FY 2023)
Shiva Texyarn (NSE:SHIVATEX) Full Year 2024 Results
Key Financial Results
- Revenue: ₹3.35b (down 18% from FY 2023).
- Net loss: ₹107.7m (loss widened by 62% from FY 2023).
- ₹8.31 loss per share (further deteriorated from ₹5.12 loss in FY 2023).
All figures shown in the chart above are for the trailing 12 month (TTM) period
The primary driver behind last 12 months revenue was the India segment contributing a total revenue of ₹3.20b (95% of total revenue). Notably, cost of sales worth ₹2.14b amounted to 64% of total revenue thereby underscoring the impact on earnings.Explore how SHIVATEX's revenue and expenses shape its earnings.
Shiva Texyarn shares are up 7.2% from a week ago.
Risk Analysis
Before we wrap up, we've discovered 3 warning signs for Shiva Texyarn (2 are concerning!) that you should be aware of.
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About NSEI:SHIVATEX
Shiva Texyarn
Manufactures and sells cotton yarn, coated and laminated fabrics, home textiles, and other value-added textile products in India and internationally.
Low and slightly overvalued.