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Loyal Textile Mills (NSE:LOYALTEX) Second Quarter 2023 Results
Key Financial Results
- Revenue: ₹3.49b (down 24% from 2Q 2022).
- Net loss: ₹15.1m (down by 105% from ₹312.4m profit in 2Q 2022).
- ₹3.13 loss per share (down from ₹64.85 profit in 2Q 2022).
All figures shown in the chart above are for the trailing 12 month (TTM) period
Loyal Textile Mills shares are down 3.1% from a week ago.
Risk Analysis
It’s still necessary to consider the ever-present spectre of investment risk. We’ve identified 3 warning signs with Loyal Textile Mills, and understanding these should be part of your investment process.
Valuation is complex, but we’re helping make it simple.
Find out whether Loyal Textile Mills 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
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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.
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