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Lagnam Spintex delivers robust performance for Q2FY22

Another Quarter of Robust Performance wherein Sales Turnover Up by 63 per cent and PAT increased by 438 per cent YoY

Shreya Chaware / Article rating: 4.0

Lagnam Spintex Limited, leading manufacturers of High-Quality Cotton Yarns has announced another quarter of outstanding financial performance in its board meeting held on October 16, 2021. Company reported sales turnover of Rs 81.34 crore for the quarter ending on September 30, 2021 as against sales turnover of Rs 49.95 crore during the quarter ending on September 30 of FY 2020-21, leading to jump of 63 per cent. Company PAT zoomed in to Rs 6.14 crore for the quarter ending September 30, 2021 as against PAT of Rs 1.13 crore for corresponding last year quarter leading to growth by staggering 438 per cent.