Waaree Renewable Technologies Ltd Q1 FY2024 consolidated net profit at Rs. 11.12 crores

Sangam Renewables Ltd has reported Consolidated financial results for the period ended June 30, 2023.

Financial Results (Q1 FY2024) - QoQ Comparison

The company has reported total income of Rs. 129.6827 crores during the period ended June 30, 2023 as compared to Rs. 61.6506 crores during the period ended March 31, 2023.

The company has posted net profit / (loss) of Rs. 11.1242 crores for the period ended June 30, 2023 as against net profit / (loss) of Rs. 12.2803 crores for the period ended March 31, 2023.

The company has reported EPS of Rs. 5.32 for the period ended June 30, 2023 as compared to Rs. 5.88 for the period ended March 31, 2023.

Financials	Q1 FY2024	Q4 FY2023	% Change
Total Income	₹ 129.6827 crs	₹61.6506 crs	110.35%
Net Profit	₹11.1242 crs	₹12.2803 crs	-9.41%
EPS	₹5.32	₹5.88	-9.52%

Financial Results (Q1 FY2024) - YoY Comparison

The company has reported total income of Rs. 129.6827 crores during the period ended June 30, 2023 as compared to Rs.95.6246 crores during the period ended June 30, 2022.

The company has posted net profit / (loss) of Rs.11.1242 crores for the period ended June 30, 2023 as against net profit / (loss) of Rs.9.9870 crores for the period ended June 30, 2022.

The company has reported EPS of Rs.5.32 for the period ended June 30, 2023 as compared to Rs.4.80 for the period ended June 30, 2022.

Financials	Q1 FY2024	Q1 FY2023	% Change
Total Income	₹ 129.6827 crs	₹95.6246 crs	35.62%
Net Profit	₹11.1242 crs	₹9.9870 crs	11.39%
EPS	₹5.32	₹4.80	10.83%

Shares of Sangam Renewables Ltd was last trading in BSE at Rs. 1303.05 as compared to the previous close of Rs. 1334.00. The total number of shares traded during the day was 80272 in over 4170 trades.

The stock hit an intraday high of Rs. 1350.00 and intraday low of 1277.00. The net turnover during the day was Rs. 105155675.00.

Source : Equity Bulls

Keywords

WaareeRenewableTechnologies Q1FY24 ResultUpdate