Sanathan Textiles trades lower on reporting marginal fall in Q3 consolidated net profit
Sanathan Textiles is currently trading at Rs. 343.05, down by 9.25 points or 2.63% from its previous closing of Rs. 352.30 on the BSE.
The scrip opened at Rs. 345.05 and has touched a high and low of Rs. 350.60 and Rs. 337.70 respectively. So far 11283 shares were traded on the counter.
The BSE group 'B' stock of face value Rs. 10 has touched a 52 week high of Rs. 422.65 on 27-Dec-2024 and a 52 week low of Rs. 312.65 on 13-Jan-2025.
Last one week high and low of the scrip stood at Rs. 367.70 and Rs. 337.70 respectively. The current market cap of the company is Rs. 2911.10 crore.
The promoters holding in the company stood at 78.58%, while Institutions and Non-Institutions held 12.64% and 8.78% respectively.
Sanathan Textiles has reported 3.58% rise in net profit at Rs 37.33 crore for Q3FY25 as compared to net profit of Rs 36.04 crore for the same quarter in the previous year. However, total income of the company decreased by 4.35% at Rs 749.65 crore for Q3FY25 as compared to Rs 783.76 crore for the corresponding quarter previous year.
On consolidated basis, the company has reported marginal fall in its net profit at Rs 34.17 crore for the quarter ended December 31, 2024 as compared to net profit of Rs 34.25 crore for the same quarter in the previous year. Total income of the company decreased by 4.27% at Rs 748.57 crore for Q3FY25 as compared to Rs 781.98 crore for the corresponding quarter previous year.
