Ravalgaon Sugar Farm Ltd Q1FY24 loss at Rs. 93.59 lakhs

RAVALGAON SUGAR FARM 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. 1.9038 crores during the period ended June 30, 2023 as compared to Rs. 2.5317 crores during the period ended March 31, 2023.

The company has posted net profit / (loss) of Rs. -0.9359 crores for the period ended June 30, 2023 as against net profit / (loss) of Rs. -1.1390 crores for the period ended March 31, 2023.

The company has reported EPS of Rs. -137.64 for the period ended June 30, 2023 as compared to Rs. -167.51 for the period ended March 31, 2023.

Financials	Q1 FY2024	Q4 FY2023	% Change
Total Income	₹1.9038 crs	₹2.5317 crs	-24.80%
Net Profit	₹-0.9359 crs	₹-1.1390 crs	17.83%
EPS	₹-137.64	₹-167.51	17.83%

Financial Results (Q1 FY2024) - YoY Comparison

The company has reported total income of Rs.1.9038 crores during the period ended June 30, 2023 as compared to Rs.2.2911 crores during the period ended June 30, 2022.

The company has posted net profit / (loss) of Rs.-0.9359 crores for the period ended June 30, 2023 as against net profit / (loss) of Rs.-0.6377 crores for the period ended June 30, 2022.

The company has reported EPS of Rs.-137.64 for the period ended June 30, 2023 as compared to Rs.-93.78 for the period ended June 30, 2022.

Financials	Q1 FY2024	Q1 FY2023	% Change
Total Income	₹1.9038 crs	₹2.2911 crs	-16.90%
Net Profit	₹-0.9359 crs	₹-0.6377 crs	46.76%
EPS	₹-137.64	₹-93.78	46.77%

Shares of RAVALGAON SUGAR FARM LTD. was last trading in BSE at Rs. 3799.95 as compared to the previous close of Rs. 3772.00. The total number of shares traded during the day was 21 in over 7 trades.

The stock hit an intraday high of Rs. 3838.00 and intraday low of 3612.00. The net turnover during the day was Rs. 79276.00.

Source : Equity Bulls

Keywords

RavalgaonSugarFarm Q1FY24 ResultUpdate