Cravatex Ltd Share Price – BSE

Trading, Small Cap

Cravatex announced that the Board of Directors of the Company at its meeting held on 24 May 2024, inter alia, have recommended the final dividend of Rs 3 per equity Share (i.e. 30%) , subject to the approval of the shareholders.

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Cravatex announced that the 72th Annual General Meeting(AGM) of the company will be held on 6 August 2024.

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Net profit of Cravatex declined 86.98% to Rs 0.50 crore in the quarter ended March 2024 as against Rs 3.84 crore during the previous quarter ended March 2023. Sales declined 39.48% to Rs 50.68 crore in the quarter ended March 2024 as against Rs 83.74 crore during the previous quarter ended March 2023.

For the full year,net profit declined 91.80% to Rs 4.83 crore in the year ended March 2024 as against Rs 58.93 crore during the previous year ended March 2023. Sales declined 59.77% to Rs 202.63 crore in the year ended March 2024 as against Rs 503.66 crore during the previous year ended March 2023.

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Cravatex will hold a meeting of the Board of Directors of the Company on 24 May 2024

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