Ion Exchange India Ltd posts Rs. 33.27 crores consolidated net profit in Q1 FY24

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. 487.88 crores during the period ended June 30, 2023 as compared to Rs. 652.97 crores during the period ended March 31, 2023.

The company has posted net profit / (loss) of Rs. 33.27 crores for the period ended June 30, 2023 as against net profit / (loss) of Rs. 81.68 crores for the period ended March 31, 2023.

The company has reported EPS of Rs. 2.806 for the period ended June 30, 2023 as compared to Rs. 6.890 for the period ended March 31, 2023.

Financials	Q1 FY2024	Q4 FY2023	% Change
Total Income	₹ 487.88 crs	₹652.97 crs	-25.28%
Net Profit	₹33.27 crs	₹81.68 crs	-59.27%
EPS	₹2.806	₹6.890	-59.27%

Financial Results (Q1 FY2024) - YoY Comparison

The company has reported total income of Rs. 487.88 crores during the period ended June 30, 2023 as compared to Rs.397.28 crores during the period ended June 30, 2022.

The company has posted net profit / (loss) of Rs.33.27 crores for the period ended June 30, 2023 as against net profit / (loss) of Rs.28.02 crores for the period ended June 30, 2022.

The company has reported EPS of Rs.2.806 for the period ended June 30, 2023 as compared to Rs.2.364 for the period ended June 30, 2022.

Financials	Q1 FY2024	Q1 FY2023	% Change
Total Income	₹ 487.88 crs	₹397.28 crs	22.81%
Net Profit	₹33.27 crs	₹28.02 crs	18.74%
EPS	₹2.806	₹2.364	18.70%

Source : Equity Bulls

Keywords

IonExchangeIndia Q1FY24 ResultUpdate