Meyer Apparel Ltd Q1FY25 loss at Rs. 27.33 lakhs

Meyer Apparel Ltd has reported Standalone financial results for the period ended June 30, 2024.

Financial Results (Q1 FY2025) - QoQ Comparison

The company has reported total income of Rs. 0.3139 crores during the period ended June 30, 2024 as compared to Rs. 1.4877 crores during the period ended March 31, 2024.

The company has posted net profit / (loss) of Rs. -0.2733 crores for the period ended June 30, 2024 as against net profit / (loss) of Rs. -0.3580 crores for the period ended March 31, 2024.

The company has reported EPS of Rs. -0.03 for the period ended June 30, 2024 as compared to Rs. -0.04 for the period ended March 31, 2024.

Financials	Q1 FY2025	Q4 FY2024	% Change
Total Income	₹ 0.3139 crs	₹1.4877 crs	-78.90%
Net Profit	₹-0.2733 crs	₹-0.3580 crs	23.66%
EPS	₹-0.03	₹-0.04	25.00%

Financial Results (Q1 FY2025) - YoY Comparison

The company has reported total income of Rs. 0.3139 crores during the period ended June 30, 2024 as compared to Rs.1.1785 crores during the period ended June 30, 2023.

The company has posted net profit / (loss) of Rs.-0.2733 crores for the period ended June 30, 2024 as against net profit / (loss) of Rs.-0.5321 crores for the period ended June 30, 2023.

The company has reported EPS of Rs.-0.03 for the period ended June 30, 2024 as compared to Rs.-0.07 for the period ended June 30, 2023.

Financials	Q1 FY2025	Q1 FY2024	% Change
Total Income	₹ 0.3139 crs	₹1.1785 crs	-73.36%
Net Profit	₹-0.2733 crs	₹-0.5321 crs	48.64%
EPS	₹-0.03	₹-0.07	57.14%

Shares of Meyer Apparel Ltd was last trading in BSE at Rs. 2.42 as compared to the previous close of Rs. 2.42. The total number of shares traded during the day was 8447 in over 7 trades.

The stock hit an intraday high of Rs. 2.53 and intraday low of 2.42. The net turnover during the day was Rs. 20506.00.

Source : Equity Bulls

Keywords

MeyerApparel Q1FY25 FY2025 Q1FY2025 ResultUpdate