Winsome Textile Industries reported a robust growthinQ2, FY’24 ended Sep’24. Compared to the corresponding quarter last year, the company’s net sales increased by 8.21 per centto Rs. 219.03 croreduring the quarter as against Rs. 202.41 crore in Q2, FY23.
Its net profit grew by 104.67 per cent to Rs. 8.76 croreduring the quarter, compared to Rs. 4.28 crore in the corresponding quarter of the previous year. This substantial increase highlights Winsome Textile's robust performance and effective operational strategies.
The company’s EBITDA (Earnings Before Interest, Taxes, Depreciation, and Amortisation) also improved by 21.72 per cent to Rs. 27.18 crore during Q2, FY24 from Rs 22.33 crore in Q2, FY23. This growth reflects enhanced profitability and operational efficiency.
Additionally, its Earnings per share (EPS) experienced increased to Rs. 4.46 in Sep’24 quarter from Rs. 2.14 in Sep’ 23 quarter underlining the company’s strengthened earnings capacity.
