Result continues to disappoint – Maize margins improved slightly though…
| Division | Q1FY24 | Q4FY23 | Q3FY23 | Q2FY23 | Q1FY23 |
|---|---|---|---|---|---|
| Revenue | |||||
| Cotton Yarn | 18 | 13 | 4 | 12 | 5 |
| Maize | 790 | 870 | 753 | 789 | 792 |
| Agro | 353 | 544 | 372 | 275 | 474 |
| All three segments | 1,161 | 1,427 | 1,128 | 1,076 | 1,270 |
| EBIT | |||||
| Cotton Yarn | -3 | -3 | -6 | -7 | -4 |
| Maize | 100 | 101 | 121 | 99 | 117 |
| Agro | -10 | 3 | 1 | -15 | 51 |
| All three segments | 87 | 102 | 116 | 77 | 165 |
| EBIT Margin | |||||
| Cotton Yarn | -17.4% | -20.0% | -137.6% | -56.8% | -78.4% |
| Maize | 12.7% | 11.6% | 16.0% | 12.5% | 14.8% |
| Agro | -2.9% | 0.6% | 0.2% | -5.6% | 10.7% |
| All three segments | 7.5% | 7.1% | 10.3% | 7.1% | 13.0% |
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