Fine Organic Industries Ltd posts lower consolidated PAT of Rs. 99.76 crores in Q1 FY2024

Fine Organic Industries Limited 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. 561.6249 crores during the period ended June 30, 2023 as compared to Rs. 609.6126 crores during the period ended March 31, 2023.

The company has posted net profit / (loss) of Rs. 99.7678 crores for the period ended June 30, 2023 as against net profit / (loss) of Rs. 149.4468 crores for the period ended March 31, 2023.

The company has reported EPS of Rs. 32.54 for the period ended June 30, 2023 as compared to Rs. 48.74 for the period ended March 31, 2023.

Financials	Q1 FY2024	Q4 FY2023	% Change
Total Income	₹ 561.6249 crs	₹609.6126 crs	-7.87%
Net Profit	₹99.7678 crs	₹149.4468 crs	-33.24%
EPS	₹32.54	₹48.74	-33.24%

Financial Results (Q1 FY2024) - YoY Comparison

The company has reported total income of Rs. 561.6249 crores during the period ended June 30, 2023 as compared to Rs.764.3973 crores during the period ended June 30, 2022.

The company has posted net profit / (loss) of Rs.99.7678 crores for the period ended June 30, 2023 as against net profit / (loss) of Rs.159.7984 crores for the period ended June 30, 2022.

The company has reported EPS of Rs.32.54 for the period ended June 30, 2023 as compared to Rs.52.12 for the period ended June 30, 2022.

Financials	Q1 FY2024	Q1 FY2023	% Change
Total Income	₹ 561.6249 crs	₹764.3973 crs	-26.53%
Net Profit	₹99.7678 crs	₹159.7984 crs	-37.57%
EPS	₹32.54	₹52.12	-37.57%

Shares of Fine Organic Industries Limited was last trading in BSE at Rs. 4666.25 as compared to the previous close of Rs. 4688.95. The total number of shares traded during the day was 976 in over 368 trades.

The stock hit an intraday high of Rs. 4706.15 and intraday low of 4650.10. The net turnover during the day was Rs. 4562556.00.

Source : Equity Bulls

Keywords

FineOrganicIndustries Q1FY24 ResultUpdate