GI Engineering Solutions Ltd posts Rs. 94.03 lakhs in Q1 FY2024

GI Engineering Solutions 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. 93.7943 crores during the period ended June 30, 2023 as compared to Rs. 377.4739 crores during the period ended March 31, 2023.

The company has posted net profit / (loss) of Rs. 0.9403 crores for the period ended June 30, 2023 as against net profit / (loss) of Rs. 1.4296 crores for the period ended March 31, 2023.

The company has reported EPS of Rs. 0.11 for the period ended June 30, 2023 as compared to Rs. 0.39 for the period ended March 31, 2023.

Financials	Q1 FY2024	Q4 FY2023	% Change
Total Income	₹93.7943 crs	₹377.4739 crs	-75.15%
Net Profit	₹0.9403 crs	₹1.4296 crs	-34.23%
EPS	₹0.11	₹0.39	-71.79%

Financial Results (Q1 FY2024) - YoY Comparison

The company has reported total income of Rs.93.7943 crores during the period ended June 30, 2023 as compared to Rs.0.0255 crores during the period ended June 30, 2022.

The company has posted net profit / (loss) of Rs.0.9403 crores for the period ended June 30, 2023 as against net profit / (loss) of Rs.-0.0099 crores for the period ended June 30, 2022.

The company has reported EPS of Rs.0.11 for the period ended June 30, 2023 as compared to Rs.-0.01 for the period ended June 30, 2022.

Financials	Q1 FY2024	Q1 FY2023	% Change
Total Income	₹93.7943 crs	₹0.0255 crs	367,720.78%
Net Profit	₹0.9403 crs	₹-0.0099 crs	9,597.98%
EPS	₹0.11	₹-0.01	1,200.00%

Shares of GI Engineering Solutions Limited was last trading in BSE at Rs. 11.53 as compared to the previous close of Rs. 11.30. The total number of shares traded during the day was 143378 in over 332 trades.

The stock hit an intraday high of Rs. 11.85 and intraday low of 10.75. The net turnover during the day was Rs. 1654036.00.

Source : Equity Bulls

Keywords

GIEngineeringSolutions Q1FY24 ResultUpdate