Libas Consumer Products Limited — Results, 14-02-2025: Integrated Filing- Financial

Libas Consumer Products Limited has announced a board meeting to review and take on record the financial results for the quarter and nine months ended December 31, 2024. The company reported a revenue from operations of ₹1,248.73 crore for the quarter, showing significant growth compared to ₹915.23 crore in the same period last year. However, it incurred a net loss of ₹280.99 crore, primarily due to the write-off of obsolete stock worth ₹300 crore. These developments may lead to cautious investor sentiment due to losses, but the revenue growth presents a potential opportunity for future sales recovery.