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Ventura Textiles Q1 Results Net Loss Reduces to ₹14.43 Lakhs with Total Expenses at ₹19.79 Lakhs

Ventura Textiles Q1 Results reveal a 5.12% QoQ drop in income, with a reduced loss before tax of ₹14.43 lakhs compared to ₹379.83 lakhs last quarter; Ventura Textiles Q1 Results highlight ongoing financial challenges.

by P Nandhini

Updated Aug 26, 2024

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Ventura Textiles Q1 Results Net Loss Reduces to ₹14.43 Lakhs with Total Expenses at ₹19.79 Lakhs

Ventura Textiles Ltd. Q1 Results 2024-2025: Ventura Textiles Ltd. reported their financial results for the first quarter of 2024-2025 on July 9, 2024. The company saw a significant decline in revenue, with total income from operations dropping to ₹5.36 lakhs, compared to ₹5.65 lakhs in the previous quarter, marking a decrease of 5.12% quarter-over-quarter (QoQ).

Compared to the same quarter last year, where the income was substantially higher, this reflects a notable downturn. The company also experienced a reduction in profitability, with a loss before tax of ₹14.43 lakhs for Q1 2024-2025, compared to a loss of ₹379.83 lakhs in the previous quarter.

This demonstrates an improvement, but the figures still reflect ongoing challenges. Overall, Ventura Textiles' performance highlights a continuing struggle with operational efficiency and market conditions.

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Ventura Textiles Q1 Results 2024 - 2025

Here's a summary of Ventura Textiles Ltd.'s Q1 results for 2024-2025:

The company reported a decrease in revenue and continued to face financial challenges. Below is a detailed table of their Q1 results:

Particulars 30.06.2024 (Unaudited) 31.03.2024 (Audited)
Income from Operations ₹5.36 lakhs ₹5.65 lakhs
Other Income ₹(272.49) lakhs ₹(266.84) lakhs
Total Revenue ₹5.36 lakhs ₹(266.84) lakhs
Cost of Material Consumed ₹88.01 lakhs ₹5.36 lakhs
Changes in Inventories ₹5.36 lakhs ₹5.36 lakhs
Employee Benefits Expense ₹0.30 lakhs ₹4.76 lakhs
Finance Cost ₹5.61 lakhs ₹6.54 lakhs
Depreciation and Amortization ₹0.36 lakhs ₹1.49 lakhs
Other Expenses ₹8.16 lakhs ₹12.19 lakhs
Total Expenses ₹19.79 lakhs ₹112.99 lakhs
Profit/(Loss) Before Tax ₹(14.43) lakhs ₹(379.83) lakhs
Exceptional Income - -
Profit/(Loss) from Extraordinary Items and Taxes ₹(14.43) lakhs ₹(379.83) lakhs
Tax Expense - -
Profit/(Loss) for the Period ₹(14.43) lakhs ₹(380.14) lakhs
Other Comprehensive Income - -
Total Comprehensive Income ₹(14.43) lakhs ₹(380.14) lakhs
Paid-up Equity Share Capital ₹1,945.33 lakhs ₹1,945.33 lakhs
Earnings Per Share (Basic) ₹(0.07) ₹(1.95)
Earnings Per Share (Diluted) ₹(0.07) ₹(1.95)

Source: Click Here

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Ventura Textiles Current Market Overview

Ventura Textiles Ltd. is currently trading at ₹13.1 per share, which is up by 2.75%. The company has a market capitalization of ₹25.5 crore. Over the past period, the stock has reached a high of ₹23.4 and a low of ₹5.50.

With a very low price-to-earnings (P/E) ratio of 2.72, Ventura Textiles has no dividend yield and a negative book value of ₹-4.25. Despite these figures, it has an impressive return on capital employed (ROCE) of 940%, indicating strong efficiency in using its capital.

Metric Value
Current Price ₹13.1
Price Change +2.75%
Market Cap ₹25.5 Cr.
High / Low ₹23.4 / ₹5.50
Stock P/E Ratio 2.72
Book Value ₹-4.25
Dividend Yield 0.00%
ROCE 940%
Face Value ₹10.0
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Quarterly Results

Here are the quarterly results for Ventura Textiles Ltd. for December 2023, March 2024, and June 2024:

Metric Dec 2023 Mar 2024 Jun 2024
Sales (₹ Cr.) 0.00 0.06 0.05
Expenses (₹ Cr.) 0.15 1.05 0.13
Operating Profit (₹ Cr.) -0.15 -0.99 -0.08
OPM (%) -1,650.00% -160.00% -160.00%
Other Income (₹ Cr.) 0.04 -2.72 0.00
Interest (₹ Cr.) 0.10 0.07 0.06
Depreciation (₹ Cr.) 0.06 0.01 0.00
Profit Before Tax (₹ Cr.) -0.27 -3.79 -0.14
Tax (%) 0.00% 0.00% 0.00%
Net Profit (₹ Cr.) -0.27 -3.80 -0.14
EPS (₹) -0.14 -1.95 -0.07
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About Ventura Textiles 

Ventura Textiles Ltd. is an Indian textile manufacturing company founded in 1970 and based in Mumbai, India. The company produces a range of textile products, including high-quality bed linen made from fine cotton, yarn, and various fabrics like industrial canvas, denim, and drills.

Ventura Textiles operates a manufacturing plant in Nashik District, Maharashtra, where it develops its products in-house. The company exports its textiles to markets in the United States, Canada, Europe, and the Far East, serving a diverse clientele with its wide array of textile solutions.

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Ventura Textiles Q1 Results - FAQs

1. What is the income from operations for Ventura Textiles in Q1 2024-2025?  

The income from operations for Ventura Textiles in Q1 2024-2025 is ₹5.36 lakhs.

2. What was the total revenue for Ventura Textiles in the previous quarter?  

The total revenue for Ventura Textiles in the previous quarter was ₹(266.84) lakhs.

3. What are the total expenses for Ventura Textiles in Q1 2024-2025?  

The total expenses for Ventura Textiles in Q1 2024-2025 are ₹19.79 lakhs.

4. How much did Ventura Textiles spend on material consumption in Q1 2024-2025?  

Ventura Textiles spent ₹88.01 lakhs on material consumption in Q1 2024-2025.

5. What is the loss before tax for Ventura Textiles in Q1 2024-2025?  

The loss before tax for Ventura Textiles in Q1 2024-2025 is ₹14.43 lakhs.

6. What was the net loss for Ventura Textiles in Q1 2024-2025?  

The net loss for Ventura Textiles in Q1 2024-2025 is ₹14.43 lakhs.

7. How much did Ventura Textiles pay for employee benefits in Q1 2024-2025?  

Ventura Textiles paid ₹0.30 lakhs for employee benefits in Q1 2024-2025.

8. What was the finance cost for Ventura Textiles in Q1 2024-2025?  

The finance cost for Ventura Textiles in Q1 2024-2025 was ₹5.61 lakhs.

9. What are the other expenses for Ventura Textiles in Q1 2024-2025?  

The other expenses for Ventura Textiles in Q1 2024-2025 are ₹8.16 lakhs.

10. What is the earnings per share (EPS) for Ventura Textiles in Q1 2024-2025?  

The earnings per share (EPS) for Ventura Textiles in Q1 2024-2025 is ₹(0.07).

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