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Loyal Textile Mills LimitedResults, 13-02-2025: Integrated Filing- Financial

13-02-2025 | 01:48 pm

Loyal Textile Mills Limited reported its financial results for the quarter and nine months ended December 31, 2024. The company achieved total income of ₹93.19 crore, with expenses totaling ₹85.92 crore, resulting in a profit before tax of ₹7.27 crore. Additionally, the company announced the sale of a non-core property, projected to yield a profit of ₹10.92 crore, which will be recognized in the upcoming quarter. This update suggests a focus on asset monetization to bolster financial health and enhance shareholder value. Investors may view this as a positive outlook, given the strategic shift towards improved profitability and debt reduction.

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