Ambika Cotton Mills (AMBIKCO) Q1 24/25 earnings summary

Executive summary

• Unaudited financial results for the quarter ended 30 June 2024 were reviewed and approved by the Board on 9 August 2024.

• Statutory auditors conducted a limited review and found no material misstatements in the financial statements.

Financial highlights

• Revenue from operations for Q1 FY25 was ₹20,579 lakhs, down from ₹22,195 lakhs in Q4 FY24 and ₹20,909 lakhs in Q1 FY24.

• Net profit for Q1 FY25 stood at ₹1,609 lakhs, compared to ₹2,153 lakhs in Q4 FY24 and ₹2,075 lakhs in Q1 FY24.

• Total income for Q1 FY25 was ₹20,963 lakhs, compared to ₹23,300 lakhs in Q4 FY24 and ₹21,563 lakhs in Q1 FY24.

• Basic and diluted EPS for Q1 FY25 was ₹28.10, down from ₹37.61 in Q4 FY24 and ₹36.24 in Q1 FY24.

Key financial ratios and metrics

• Gross margin and operating profit declined sequentially and year-over-year.

• Finance costs increased to ₹513 lakhs in Q1 FY25 from ₹251 lakhs in Q1 FY24.

• Depreciation and amortisation expense rose to ₹723 lakhs in Q1 FY25 from ₹676 lakhs in Q1 FY24.