SEL Manufacturing Company Ltd Q1 FY24 consolidated loss at Rs. 61.91 crores

SEL Manufacturing Company 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. 239.4287 crores during the period ended June 30, 2023 as compared to Rs. 226.8401 crores during the period ended March 31, 2023.

The company has posted net profit / (loss) of Rs. -61.9148 crores for the period ended June 30, 2023 as against net profit / (loss) of Rs. -62.0385 crores for the period ended March 31, 2023.

The company has reported EPS of Rs. -18.69 for the period ended June 30, 2023 as compared to Rs. -18.72 for the period ended March 31, 2023.

Financials	Q1 FY2024	Q4 FY2023	% Change
Total Income	₹ 239.4287 crs	₹226.8401 crs	5.55%
Net Profit	₹-61.9148 crs	₹-62.0385 crs	0.20%
EPS	₹-18.69	₹-18.72	0.16%

Financial Results (Q1 FY2024) - YoY Comparison

The company has reported total income of Rs. 239.4287 crores during the period ended June 30, 2023 as compared to Rs.122.6221 crores during the period ended June 30, 2022.

The company has posted net profit / (loss) of Rs.-61.9148 crores for the period ended June 30, 2023 as against net profit / (loss) of Rs.-50.8493 crores for the period ended June 30, 2022.

The company has reported EPS of Rs.-18.69 for the period ended June 30, 2023 as compared to Rs.-15.35 for the period ended June 30, 2022.

Financials	Q1 FY2024	Q1 FY2023	% Change
Total Income	₹ 239.4287 crs	₹122.6221 crs	95.26%
Net Profit	₹-61.9148 crs	₹-50.8493 crs	21.76%
EPS	₹-18.69	₹-15.35	21.76%

Shares of SEL Manufacturing Company Limited was last trading in BSE at Rs. 102.90 as compared to the previous close of Rs. 103.90. The total number of shares traded during the day was 13108 in over 181 trades.

The stock hit an intraday high of Rs. 105.00 and intraday low of 101.85. The net turnover during the day was Rs. 1366199.00.

Source : Equity Bulls

Keywords

SELManufacturingCompany Q1FY24 ResultUpdate