Sherman Securities has just released an update on Interloop Limited’s recent quarterly results. Here are the important points from the earnings announcement:
Interloop Limited (ILP) reported net earnings of Rs4.1 billion (EPS of Rs2.95) for 3QFY24, compared to Rs9.6 billion (EPS of Rs6.84) in the same period last year. This performance is in line with expectations.
Risks impacting valuation include interest rates, electricity costs, and cotton prices.
Disclaimer
The information in this article is based on research by Sherman Securities. All efforts have been made to ensure the data represented in this article is as per the research report. This report should not be considered investment advice. Readers are encouraged to consult a qualified financial advisor before making any investment decisions.
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