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Siyaram Silk Mills reports 51% rise in Q2 consolidated net profit

04 Nov 2022 Evaluate

Siyaram Silk Mills has reported results for second quarter ended September 30, 2022.

The company has reported rise of 51.18% in its net profit at Rs 80.52 crore for Q2FY23 as compared to Rs 53.26 crore for the corresponding quarter previous year. Total income of the company increased by 32.55% to Rs 644.75 crore for the quarter under review as compared to Rs 486.41 crore for the same quarter in the previous year.

On the consolidated basis, the company has reported rise of 51.50% in its net profit at Rs 80.13 crore for the quarter under review as compared to Rs 52.89 crore for the same quarter in the previous year. Total income of the company increased by 32.50% to Rs 645.08 crore for the quarter under review as compared to Rs 486.87 crore for the same quarter in the previous year.

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