High Energy Batteries India Ltd posts net profit of Rs. 5.94 crore in Q1 FY2024

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. 24.0665 crores during the period ended June 30, 2023 as compared to Rs. 31.5409 crores during the period ended March 31, 2023.

The company has posted net profit / (loss) of Rs. 5.9479 crores for the period ended June 30, 2023 as against net profit / (loss) of Rs. 6.9689 crores for the period ended March 31, 2023.

The company has reported EPS of Rs. 6.64 for the period ended June 30, 2023 as compared to Rs. 7.77 for the period ended March 31, 2023.

Financials	Q1 FY2024	Q4 FY2023	% Change
Total Income	₹ 24.0665 crs	₹31.5409 crs	-23.70%
Net Profit	₹5.9479 crs	₹6.9689 crs	-14.65%
EPS	₹6.64	₹7.77	-14.54%

Financial Results (Q1 FY2024) - YoY Comparison

The company has reported total income of Rs. 24.0665 crores during the period ended June 30, 2023 as compared to Rs.14.6956 crores during the period ended June 30, 2022.

The company has posted net profit / (loss) of Rs.5.9479 crores for the period ended June 30, 2023 as against net profit / (loss) of Rs.2.4627 crores for the period ended June 30, 2022.

The company has reported EPS of Rs.6.64 for the period ended June 30, 2023 as compared to Rs.2.75 for the period ended June 30, 2022.

Financials	Q1 FY2024	Q1 FY2023	% Change
Total Income	₹ 24.0665 crs	₹14.6956 crs	63.77%
Net Profit	₹5.9479 crs	₹2.4627 crs	141.52%
EPS	₹6.64	₹2.75	141.45%

Source : Equity Bulls

Keywords

HighEnergyBatteriesIndia Q1FY24 ResultUpdate