Refnol Resins and Chemicals Ltd Q1 FY2023-24 consolidated PAT increases to Rs. 25.08 lakhs

REFNOL RESINS & CHEMICALS 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. 18.6463 crores during the period ended June 30, 2023 as compared to Rs. 16.8128 crores during the period ended March 31, 2023.

The company has posted net profit / (loss) of Rs. 0.2508 crores for the period ended June 30, 2023 as against net profit / (loss) of Rs. 0.0841 crores for the period ended March 31, 2023.

The company has reported EPS of Rs. 0.81 for the period ended June 30, 2023 as compared to Rs. 0.27 for the period ended March 31, 2023.

Financials	Q1 FY2024	Q4 FY2023	% Change
Total Income	₹ 18.6463 crs	₹16.8128 crs	10.91%
Net Profit	₹0.2508 crs	₹0.0841 crs	198.22%
EPS	₹0.81	₹0.27	200.00%

Financial Results (Q1 FY2024) - YoY Comparison

The company has reported total income of Rs. 18.6463 crores during the period ended June 30, 2023 as compared to Rs.16.6048 crores during the period ended June 30, 2022.

The company has posted net profit / (loss) of Rs.0.2508 crores for the period ended June 30, 2023 as against net profit / (loss) of Rs.-0.3025 crores for the period ended June 30, 2022.

The company has reported EPS of Rs.0.81 for the period ended June 30, 2023 as compared to Rs.-0.98 for the period ended June 30, 2022.

Financials	Q1 FY2024	Q1 FY2023	% Change
Total Income	₹ 18.6463 crs	₹16.6048 crs	12.29%
Net Profit	₹0.2508 crs	₹-0.3025 crs	182.91%
EPS	₹0.81	₹-0.98	182.65%

Shares of REFNOL RESINS & CHEMICALS LTD. was last trading in BSE at Rs. 78.32 as compared to the previous close of Rs. 80.90. The total number of shares traded during the day was 522 in over 20 trades.

The stock hit an intraday high of Rs. 83.89 and intraday low of 77.41. The net turnover during the day was Rs. 41648.00.

Source : Equity Bulls

Keywords

RefnolResinsandChemicals Q1FY24 ResultUpdate