- Home »
- Quarterly Results »
- Ventura Textiles Q1 Results Net Loss Reduces to ₹14.43 Lakhs with Total Expenses at ₹19.79 Lakhs
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
Table of Content
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.
For More Q1 results check our Twitter Page
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
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 |
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 |
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.
Visit our website for more Q1 results.
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).