Consumer Durables News

Aarvee Denims and Exports Second Quarter 2023 Earnings: ₹7.40 loss per share (vs ₹5.27 loss in 2Q 2022)

Aarvee Denims and Exports (NSE:AARVEEDEN) Second Quarter 2023 Results

Key Financial Results

  • Revenue: ₹554.9m (down 54% from 2Q 2022).
  • Net loss: ₹173.7m (loss widened by 41% from 2Q 2022).
  • ₹7.40 loss per share (further deteriorated from ₹5.27 loss in 2Q 2022).
NSEI:AARVEEDEN Earnings and Revenue History November 20th 2022

All figures shown in the chart above are for the trailing 12 month (TTM) period

Aarvee Denims and Exports’ share price is broadly unchanged from a week ago.

Risk Analysis

We don’t want to rain on the parade too much, but we did also find 3 warning signs for Aarvee Denims and Exports (2 are a bit unpleasant!) that you need to be mindful of.

Valuation is complex, but we’re helping make it simple.

Find out whether Aarvee Denims and Exports is potentially over or undervalued by checking out our comprehensive analysis, which includes fair value estimates, risks and warnings, dividends, insider transactions and financial health.

View the Free Analysis

This article by Simply Wall St is general in nature. We provide commentary based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. We aim to bring you long-term focused analysis driven by fundamental data. Note that our analysis may not factor in the latest price-sensitive company announcements or qualitative material. Simply Wall St has no position in any stocks mentioned.

Source link

Leave a Comment