Flair Writing Industries Ltd Share Price – NSE  /  BSE

Printing & Stationery, Small Cap

Flair Writing Industries has appointed Alpesh Ambalal Porwal as the Chief Financial Officer of the Company w.e.f. 03 July 2024.

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Net profit of Flair Writing Industries rose 3.56% to Rs 34.33 crore in the quarter ended March 2024 as against Rs 33.15 crore during the previous quarter ended March 2023. Sales declined 3.95% to Rs 250.11 crore in the quarter ended March 2024 as against Rs 260.39 crore during the previous quarter ended March 2023.

For the full year,net profit rose 1.55% to Rs 118.96 crore in the year ended March 2024 as against Rs 117.15 crore during the previous year ended March 2023. Sales rose 3.83% to Rs 978.73 crore in the year ended March 2024 as against Rs 942.66 crore during the previous year ended March 2023.

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Flair Writing Industries will hold a meeting of the Board of Directors of the Company on 27 May 2024

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Flair Writing Industries has performed bhumi pujan for initiating the Construction Work of total built-up area of approximately 180,000 square feet comprising the manufacturing facility, a warehouse and an administrative block for its New Valsad Factory Unit at Valsad, Gujarat.

The Company has also performed Puja at its new warehouse in Daman comprising of approximately 50,000 square feet. This new warehouse in Daman will serve as a centralised warehouse facility for all the manufacturing units in Daman which will improve the inventory management, stock control and enhance the effective shipment management to provide better Customer service. The said warehouse will be operational shortly.

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