International Combustion India Ltd Q1 FY2023-24 net profit surges to Rs. 5.71 crores

INTERNATIONAL COMBUSTION (INDIA) 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. 69.12 crores during the period ended June 30, 2023 as compared to Rs. 65.0225 crores during the period ended March 31, 2023.

The company has posted net profit / (loss) of Rs. 5.7188 crores for the period ended June 30, 2023 as against net profit / (loss) of Rs. 3.4831 crores for the period ended March 31, 2023.

The company has reported EPS of Rs. 23.93 for the period ended June 30, 2023 as compared to Rs. 14.57 for the period ended March 31, 2023.

Financials	Q1 FY2024	Q4 FY2023	% Change
Total Income	₹ 69.12 crs	₹65.0225 crs	6.30%
Net Profit	₹5.7188 crs	₹3.4831 crs	64.19%
EPS	₹23.93	₹14.57	64.24%

Financial Results (Q1 FY2024) - YoY Comparison

The company has reported total income of Rs. 69.12 crores during the period ended June 30, 2023 as compared to Rs.42.9847 crores during the period ended June 30, 2022.

The company has posted net profit / (loss) of Rs.5.7188 crores for the period ended June 30, 2023 as against net profit / (loss) of Rs.0.2553 crores for the period ended June 30, 2022.

The company has reported EPS of Rs.23.93 for the period ended June 30, 2023 as compared to Rs.1.07 for the period ended June 30, 2022.

Financials	Q1 FY2024	Q1 FY2023	% Change
Total Income	₹ 69.12 crs	₹42.9847 crs	60.80%
Net Profit	₹5.7188 crs	₹0.2553 crs	2,140.03%
EPS	₹23.93	₹1.07	2,136.45%

Shares of INTERNATIONAL COMBUSTION (INDIA) LTD. was last trading in BSE at Rs. 769.85 as compared to the previous close of Rs. 745.70. The total number of shares traded during the day was 28822 in over 476 trades.

The stock hit an intraday high of Rs. 777.55 and intraday low of 756.00. The net turnover during the day was Rs. 22276053.00.

Source : Equity Bulls

Keywords

InternationalCombustionIndia Q1FY24 ResultUpdate