Are Arex Industries latest results good or bad?
The operating profit also reflected a downturn, with a decrease of 31.78% compared to the previous quarter's growth of 2.58%. Additionally, the operating profit margin, excluding other income, fell by 5.63%, highlighting challenges in maintaining profitability amidst changing market conditions.
In light of these results, Arex Industries has seen an adjustment in its evaluation, indicating a lack of positive momentum in its financial metrics. Stakeholders will likely continue to monitor the company's performance as it navigates the complexities of the garments and apparel industry.
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