Shiva Cement Ltd Q1 FY2024 loss reduces to Rs. 4.65 crores

SHIVA CEMENT 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. 0.0347 crores during the period ended June 30, 2023 as compared to Rs. 0.8792 crores during the period ended March 31, 2023.

The company has posted net profit / (loss) of Rs. -4.6564 crores for the period ended June 30, 2023 as against net profit / (loss) of Rs. -31.2306 crores for the period ended March 31, 2023.

The company has reported EPS of Rs. -0.24 for the period ended June 30, 2023 as compared to Rs. -1.60 for the period ended March 31, 2023.

Financials	Q1 FY2024	Q4 FY2023	% Change
Total Income	₹ 0.0347 crs	₹0.8792 crs	-96.05%
Net Profit	₹-4.6564 crs	₹-31.2306 crs	85.09%
EPS	₹-0.24	₹-1.60	85.00%

Financial Results (Q1 FY2024) - YoY Comparison

The company has reported total income of Rs. 0.0347 crores during the period ended June 30, 2023 as compared to Rs.1.2763 crores during the period ended June 30, 2022.

The company has posted net profit / (loss) of Rs.-4.6564 crores for the period ended June 30, 2023 as against net profit / (loss) of Rs.-13.3775 crores for the period ended June 30, 2022.

The company has reported EPS of Rs.-0.24 for the period ended June 30, 2023 as compared to Rs.-0.69 for the period ended June 30, 2022.

Financials	Q1 FY2024	Q1 FY2023	% Change
Total Income	₹ 0.0347 crs	₹1.2763 crs	-97.28%
Net Profit	₹-4.6564 crs	₹-13.3775 crs	65.19%
EPS	₹-0.24	₹-0.69	65.22%

Shares of SHIVA CEMENT LTD. was last trading in BSE at Rs. 47.71 as compared to the previous close of Rs. 47.86. The total number of shares traded during the day was 203311 in over 651 trades.

The stock hit an intraday high of Rs. 48.10 and intraday low of 46.90. The net turnover during the day was Rs. 9631930.00.

Source : Equity Bulls

Keywords

ShivaCement Q1FY24 ResultUpdate