IEL Ltd Q1FY24 net profit at Rs. 5.95 lakhs

IEL 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. 1.6050 crores during the period ended June 30, 2023 as compared to Rs. 1.0601 crores during the period ended March 31, 2023.

The company has posted net profit / (loss) of Rs. 0.0595 crores for the period ended June 30, 2023 as against net profit / (loss) of Rs. -0.0420 crores for the period ended March 31, 2023.

The company has reported EPS of Rs. 0.18 for the period ended June 30, 2023 as compared to Rs. -0.13 for the period ended March 31, 2023.

Financials	Q1 FY2024	Q4 FY2023	% Change
Total Income	₹ 1.6050 crs	₹1.0601 crs	51.40%
Net Profit	₹0.0595 crs	₹-0.0420 crs	241.67%
EPS	₹0.18	₹-0.13	238.46%

Financial Results (Q1 FY2024) - YoY Comparison

The company has reported total income of Rs. 1.6050 crores during the period ended June 30, 2023 as compared to Rs.0.1930 crores during the period ended June 30, 2022.

The company has posted net profit / (loss) of Rs.0.0595 crores for the period ended June 30, 2023 as against net profit / (loss) of Rs.0.1510 crores for the period ended June 30, 2022.

The company has reported EPS of Rs.0.18 for the period ended June 30, 2023 as compared to Rs.0.45 for the period ended June 30, 2022.

Financials	Q1 FY2024	Q1 FY2023	% Change
Total Income	₹ 1.6050 crs	₹0.1930 crs	731.61%
Net Profit	₹0.0595 crs	₹0.1510 crs	-60.60%
EPS	₹0.18	₹0.45	-60.00%

Shares of IEL Limited was last trading in BSE at Rs. 139.25 as compared to the previous close of Rs. 142.50. The total number of shares traded during the day was 404 in over 25 trades.

The stock hit an intraday high of Rs. 144.00 and intraday low of 136.05. The net turnover during the day was Rs. 56059.00.

Source : Equity Bulls

Keywords

IEL Q1FY24 ResultUpdate