Suraj Products Ltd posts higher net profit of Rs. 8.39 crores in Q1FY24

SURAJ PRODUCTS LTD. 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. 111.4013 crores during the period ended June 30, 2023 as compared to Rs. 102.8144 crores during the period ended March 31, 2023.

The company has posted net profit / (loss) of Rs. 8.39 crores for the period ended June 30, 2023 as against net profit / (loss) of Rs. 7.6072 crores for the period ended March 31, 2023.

The company has reported EPS of Rs. 7.36 for the period ended June 30, 2023 as compared to Rs. 6.67 for the period ended March 31, 2023.

Financials	Q1 FY2024	Q4 FY2023	% Change
Total Income	₹111.4013 crs	₹102.8144 crs	8.35%
Net Profit	₹8.39 crs	₹7.6072 crs	10.29%
EPS	₹7.36	₹6.67	10.34%

Financial Results (Q1 FY2024) - YoY Comparison

The company has reported total income of Rs.111.4013 crores during the period ended June 30, 2023 as compared to Rs.75.0607 crores during the period ended June 30, 2022.

The company has posted net profit / (loss) of Rs.8.39 crores for the period ended June 30, 2023 as against net profit / (loss) of Rs.6.2890 crores for the period ended June 30, 2022.

The company has reported EPS of Rs.7.36 for the period ended June 30, 2023 as compared to Rs.5.52 for the period ended June 30, 2022.

Financials	Q1 FY2024	Q1 FY2023	% Change
Total Income	₹111.4013 crs	₹75.0607 crs	48.41%
Net Profit	₹8.39 crs	₹6.2890 crs	33.41%
EPS	₹7.36	₹5.52	33.33%

Shares of SURAJ PRODUCTS LTD. was last trading in BSE at Rs. 182.55 as compared to the previous close of Rs. 174.30. The total number of shares traded during the day was 9589 in over 104 trades.

The stock hit an intraday high of Rs. 183.00 and intraday low of 169.05. The net turnover during the day was Rs. 1721615.00.

Source : Equity Bulls

Keywords

SurajProducts Q1FY24 ResultUpdate