Loyal Textile Mills Limited — Others, 14-02-2025: Copy of Newspaper Publication
14-02-2025 | 01:55 pm
14-02-2025 | 01:55 pm
Loyal Textile Mills Ltd has published its financial results for the quarter and nine months ended December 31, 2024. Total income from operations was ₹15.51 crore, marking a decrease compared to the previous quarter’s ₹18.53 crore. The company reported a net loss of ₹3.57 crore before tax and ₹0.78 crore after tax for the quarter, reflecting challenges in operational performance. This performance may lead to cautious investor sentiment due to the declining revenue trend and ongoing losses, indicating the need for strategic reassessment in order to improve financial health going forward.
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