IFIN

Sensex 81332.72 1292.92 (1.62) 26-Jul-2024

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Company News Details

Akshar Spintex Ltd

Industry : Textiles - Cotton/Blended

BSE Code

ISIN Demat

Book Value()

541303

INE256Z01025

1.4626852

NSE Symbol

P/E(TTM)

Mar.Cap( Cr.)

AKSHAR

21.42

77.1

EPS(TTM)

Face Value()

Div & Yield %

0.12

0.39

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Akshar Spintex Ltd

Akshar Spintex standalone net profit declines 72.09% in the March 2024 quarter

May 20,2024

Net profit of Akshar Spintex declined 72.09% to Rs 0.96 crore in the quarter ended March 2024 as against Rs 3.44 crore during the previous quarter ended March 2023. Sales rose 28.72% to Rs 48.13 crore in the quarter ended March 2024 as against Rs 37.39 crore during the previous quarter ended March 2023.

For the full year,net profit reported to Rs 3.46 crore in the year ended March 2024 as against net loss of Rs 2.76 crore during the previous year ended March 2023. Sales rose 29.09% to Rs 174.96 crore in the year ended March 2024 as against Rs 135.53 crore during the previous year ended March 2023.

Particulars	Quarter Ended			Year Ended
	Mar. 2024	Mar. 2023	% Var.	Mar. 2024	Mar. 2023	% Var.
Sales	48.13	37.39	29	174.96	135.53	29
OPM %	4.86	6.47	-	4.42	-0.44	-
PBDT	2.65	2.76	-4	9.36	0.08	11600
PBT	1.53	1.69	-9	5.02	-4.19	LP
NP	0.96	3.44	-72	3.46	-2.76	LP

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Sr No	Start Date	Department	Tender Details	Status
1	10-06-2024	IA	RFP for appointment of internal auditors for period April 2024 – March 2025	Active upto 21/06/2024 end of the day
			A. Request For Proposal
			B. Extension of RFP
2	10-06-2024	IA	RFP for appointment of internal auditors and Concurrent Audit for period April 2024 – March 2025	Active upto 21/06/2024 end of the day
3	22-11-2023	Compliance	Procurement of AML/PML software Solution - VC Meeting Link for opening of Tender Box on 22/11/2023 at 4.30 pm	Closed
4	16-10-2023	Compliance	RFP for Procurement of AML/PML software solution
	06-11-2023	Compliance	A. Addendum - Extension Period for procurement of AML/PML sofware solution
5	16-08-2023	IT	RFP for Procurement of Firewall
			A. General Information
			B. Technical Bid
			C. Financial Bid
			D. Extension of RFP
6	12-07-2023	ADMIN	RFP for Premises on Lease for Ahmedabad Branch
			A. Newspaper Aricle
			B. General Information
			C. Technical Bid
			D. Financial Bid
7	07-07-2023	CS	RFP for Secretarial Audit
8	26-06-2023	IT	RFP for AMC of Online UPS system installed at IFINs Branch office	Closed
			A. General Information
			B. Technical Bid
			C. Financial Bid
9	16-06-2023	IT	E-tender for engagement of annual system audit and cyber security audit agency	Closed
			A. General Information
			B. Technical Bid
			C. Financial Bid
10	15-06-2023	IT	RFP for AMC of 30KVA Online UPS system	Closed
			A. General Information
			B. Technical Bid
			C. Financial Bid
11	30-05-2023	ADMIN	RFP for Premises on Lease for Ahmedabad Branch	Cancelled
			A. Newspaper Aricle
			B. General Information
			C. Technical Bid
			D. Financial Bid
			E. Extension of RFP
			F. Closure of RFP
12	24-05-2023	ADMIN	RFP for Premises on Lease for Salem Branch	Closed
			A. Newspaper Aricle
			B. General Information
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			D. Financial Bid
13	24-04-2023	IA	Extension Of RFP iCOM IA for FY 2023-2024	Closed
14	25-04-2023	CS	Extension Of RFP for Seeking Quotations for Secretarial Audit Of IFIN Group for FY 2022-2023	Cancelled
			A. Status_of_RFP_for_secretarila_audit
15	02-05-2023	IA	RFP For Appointment Of Internal Auditor for July 2023 - March 2024	Closed
16	02-05-2023	IA	RFP For Appointment Of Internal Auditor for July 2023 - March 2024 for operations, accounts and control related activities.	Closed
17	24-04-2023	CS	RFP PCS Empannelment for ROC filing 2022-23	Closed
18	24-04-2023	IA	RFP For Appointment Of Internal Auditor iCOM 23-24	Closed
19	14-03-2023	IA	RFP for appointment of internal auditor in the iCOM	Closed
20	25-04-2023	CS	RFP For Secretarial Audit 22-23	Closed