Aarvee Denims & Exports Limited — Others, 01-02-2025: Copy of Newspaper Publication
01-02-2025 | 11:37 am
01-02-2025 | 11:37 am
Aarvee Denims and Exports Ltd has submitted its unaudited financial results for the quarter and half-year ended December 31, 2024. The total income from operations stood at ₹28.57 crore for Q3, with a net loss of ₹6.94 crore after tax. In a year-over-year comparison, income has slightly improved, but losses persist due to various operational challenges. The company also declared an interim dividend of ₹5 per share. This financial performance suggests ongoing difficulties, raising potential risks for investors, despite any opportunity for a turnaround. A cautious outlook may be warranted.
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