Radhagobind Commercial Q1 Results Income ₹0.03 Crore, Loans & Advances Up by ₹10.95 Crore

Radhagobind Commercial reported financial results with some notable figures for the first quarter ending June 30, 2024. The company’s total income for the quarter was ₹0.03 crore. This is a significant drop from ₹6.63 crore in the previous quarter (March 31, 2024) and ₹0.56 crore in the same quarter last year (June 30, 2023).

In terms of expenditure, Radhagobind Commercial did not provide data for stock and work-in-progress changes this quarter. For the full year ended March 31, 2024, the company had a small increase of ₹3.25 crore in stock and work-in-progress, compared to a much higher increase of ₹29.98 crore in the previous year.

Radhagobind Commercial’s loans and advances showed a net increase of ₹10.95 crore this quarter. This is a recovery from the decrease of ₹0.72 crore in the previous quarter and a decrease from the increase of ₹31.48 crore in the same quarter last year. For the year, loans and advances decreased by ₹10.92 crore.

Radhagobind Commercial’s other expenses and comprehensive income details are not fully available for this quarter. However, for the year ending March 31, 2024, there was an expense of ₹5.21 crore in other comprehensive income, significantly up from ₹1.04 crore in the previous year. The paid-up equity share capital remained constant at ₹144.00 crore.

Source: Here 

For More Q1 Results check our Twitter Page

Visit our website for more Q1 results

Radhagobind Commercial Q1 Results

Radhagobind Commercial reported significant changes in its financial results. The company earned ₹0.03 crore from other operating income, a sharp decrease from ₹6.63 crore in the previous quarter and ₹0.56 crore in the same quarter last year. 

Here’s the information: 

Radhagobind Commercial

The Radhagobind Commercial table shows key financial details about a company's stock. The market capitalization is ₹3.67 crores, indicating the total value of the company's shares in the market. The current stock price is ₹2.55, with a high of ₹2.65 and a low of ₹1.40 in recent trading. 

Here's the full information:

Quarterly Results 

The table shows Radhagobind Commercial’s financial results for three quarters: December 2023, March 2024, and June 2024. In December 2023, the company had no sales, but it spent more on expenses than it earned, resulting in a loss. 

Here are the financial figures for December 2023, March 2024, and June 2024:

(Fig. in Crores)

About Radhagobind Commercial

Radhagobind Commercial was first established on May 21, 1981, under the name "Tejmangal Commercial Company" This was done following the rules of the Companies Act, 1956, in West Bengal, India. The company was officially allowed to start its business on June 2, 1981. Its official identification number is L51909WB1981PLC033680.

On July 15, 2013, the company changed its name from Tejmangal Commercial Company to Radhagobind Commercial. It is now listed on the Calcutta Stock Exchange, which means its shares can be bought and sold on this stock market.

Radhagobind Commercial is mainly involved in trading fabrics. This means the company buys and sells different types of textile products. Its main products include fancy sarees with embroidery, H.L. fabrics, and dress materials made from textiles.

Radhagobind Commercial makes money by dealing in these fabric materials. Besides its core business, Radhagobind Commercial also invests extra money in shares and securities, which means they buy and sell stocks and bonds to potentially earn more revenue.