Sri Ramakrishna Mills (Coimbatore)

Sri Ramakrishna Mills (Coimbatore) Ltd. is a diversified company with its primary business operations spread across the Textile and Real Estate sectors. With the American market showing positive signs of recovery, the management expects that textile exports will likely improve in the upcoming months. The company ensures operational integrity through an adequate internal control system designed to monitor business processes, financial reporting, and legal compliance. Its textile division's profitability was impacted during the year by a drop in yarn prices due to fluctuating cotton costs and lower demand. In its real estate ventures, the company has successfully completed and sold all the villas and apartments from its recent project. The company's financial performance showed remarkable growth, recording a profit of ₹751.88 lakhs after accounting for depreciation, interest, and other overheads.;