Plastiblends India Ltd Q1 FY2024 PAT slides to Rs. 7.64 crores

Plastiblends India Limited has reported Standalone financial results for the period ended June 30, 2023.

Financial Results (Q1 FY2024) - QoQ Comparison

The company has reported total income of Rs. 197.0040 crores during the period ended June 30, 2023 as compared to Rs. 196.6714 crores during the period ended March 31, 2023.

The company has posted net profit / (loss) of Rs. 7.6490 crores for the period ended June 30, 2023 as against net profit / (loss) of Rs. 8.6909 crores for the period ended March 31, 2023.

The company has reported EPS of Rs. 2.94 for the period ended June 30, 2023 as compared to Rs. 3.34 for the period ended March 31, 2023.

Financials	Q1 FY2024	Q4 FY2023	% Change
Total Income	₹197.0040 crs	₹196.6714 crs	0.17%
Net Profit	₹7.6490 crs	₹8.6909 crs	-11.99%
EPS	₹2.94	₹3.34	-11.98%

Financial Results (Q1 FY2024) - YoY Comparison

The company has reported total income of Rs.197.0040 crores during the period ended June 30, 2023 as compared to Rs.206.7341 crores during the period ended June 30, 2022.

The company has posted net profit / (loss) of Rs.7.6490 crores for the period ended June 30, 2023 as against net profit / (loss) of Rs.9.9815 crores for the period ended June 30, 2022.

The company has reported EPS of Rs.2.94 for the period ended June 30, 2023 as compared to Rs.3.84 for the period ended June 30, 2022.

Financials	Q1 FY2024	Q1 FY2023	% Change
Total Income	₹197.0040 crs	₹206.7341 crs	-4.71%
Net Profit	₹7.6490 crs	₹9.9815 crs	-23.37%
EPS	₹2.94	₹3.84	-23.44%

Shares of Plastiblends India Limited was last trading in BSE at Rs. 198.65 as compared to the previous close of Rs. 196.75. The total number of shares traded during the day was 7116 in over 394 trades.

The stock hit an intraday high of Rs. 203.90 and intraday low of 196.65. The net turnover during the day was Rs. 1420185.00.

Source : Equity Bulls

Keywords

PlastiblendsIndia Q1FY24 ResultUpdate