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Nandan Denim (NSE:NDL) Second Quarter 2023 Results
Key Financial Results
- Revenue: ₹5.28b (up 3.4% from 2Q 2022).
- Net income: ₹5.89m (down 97% from 2Q 2022).
- Profit margin: 0.1% (down from 4.4% in 2Q 2022). The decrease in margin was driven by higher expenses.
- EPS: ₹0.04 (down from ₹1.54 in 2Q 2022).
All figures shown in the chart above are for the trailing 12 month (TTM) period
Nandan Denim shares are down 7.7% from a week ago.
Risk Analysis
You still need to take note of risks, for example – Nandan Denim has 4 warning signs (and 2 which are a bit unpleasant) we think you should know about.
Valuation is complex, but we’re helping make it simple.
Find out whether Nandan Denim 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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