Aksh Optifibre Ltd Q1 FY24 consolidated loss at Rs. 1.80 crore

Aksh Optifibre 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. 59.0410 crores during the period ended June 30, 2023 as compared to Rs. 80.1703 crores during the period ended March 31, 2023.

The company has posted net profit / (loss) of Rs. -1.8006 crores for the period ended June 30, 2023 as against net profit / (loss) of Rs. -13.4380 crores for the period ended March 31, 2023.

The company has reported EPS of Rs. -0.11 for the period ended June 30, 2023 as compared to Rs. -0.83 for the period ended March 31, 2023.

Financials	Q1 FY2024	Q4 FY2023	% Change
Total Income	₹ 59.0410 crs	₹80.1703 crs	-26.36%
Net Profit	₹-1.8006 crs	₹-13.4380 crs	86.60%
EPS	₹-0.11	₹-0.83	86.75%

Financial Results (Q1 FY2024) - YoY Comparison

The company has reported total income of Rs. 59.0410 crores during the period ended June 30, 2023 as compared to Rs.80.3766 crores during the period ended June 30, 2022.

The company has posted net profit / (loss) of Rs.-1.8006 crores for the period ended June 30, 2023 as against net profit / (loss) of Rs.1.6086 crores for the period ended June 30, 2022.

The company has reported EPS of Rs.-0.11 for the period ended June 30, 2023 as compared to Rs.0.10 for the period ended June 30, 2022.

Financials	Q1 FY2024	Q1 FY2023	% Change
Total Income	₹ 59.0410 crs	₹80.3766 crs	-26.54%
Net Profit	₹-1.8006 crs	₹1.6086 crs	-211.94%
EPS	₹-0.11	₹0.10	-210.00%

Shares of Aksh Optifibre Limited was last trading in BSE at Rs. 9.26 as compared to the previous close of Rs. 9.18. The total number of shares traded during the day was 46970 in over 254 trades.

The stock hit an intraday high of Rs. 9.35 and intraday low of 9.00. The net turnover during the day was Rs. 433257.00.

Source : Equity Bulls

Keywords

AkshOptifibre Q1FY24 ResultUpdate