Lagnam Spintex Ltd Share Price – NSE

Textiles, Small Cap

Lagnam Spintex will hold a meeting of the Board of Directors of the Company on 3 August 2024.

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Lagnam Spintex announced that the Board of Directors of the Company at its meeting held on 29 April 2024, inter alia, have recommended the final dividend of Rs 0.5 per equity Share (i.e. 5%) , subject to the approval of the shareholders.

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Lagnam Spintex announced that the 14th Annual General Meeting (AGM) of the company will be held on 16 July 2024.

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Net profit of Lagnam Spintex rose 380.26% to Rs 7.30 crore in the quarter ended March 2024 as against Rs 1.52 crore during the previous quarter ended March 2023. Sales rose 65.60% to Rs 149.65 crore in the quarter ended March 2024 as against Rs 90.37 crore during the previous quarter ended March 2023.

For the full year,net profit rose 49.28% to Rs 14.57 crore in the year ended March 2024 as against Rs 9.76 crore during the previous year ended March 2023. Sales rose 43.60% to Rs 437.50 crore in the year ended March 2024 as against Rs 304.66 crore during the previous year ended March 2023.

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