Nettlinx Ltd consolidated Q1FY24 net profit rises to Rs. 1.81 crore

NETTLINX LTD. 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. 7.0798 crores during the period ended June 30, 2023 as compared to Rs. 6.7310 crores during the period ended March 31, 2023.

The company has posted net profit / (loss) of Rs. 1.8194 crores for the period ended June 30, 2023 as against net profit / (loss) of Rs. 0.0540 crores for the period ended March 31, 2023.

The company has reported EPS of Rs. 0.76 for the period ended June 30, 2023 as compared to Rs. 0.09 for the period ended March 31, 2023.

Financials	Q1 FY2024	Q4 FY2023	% Change
Total Income	₹ 7.0798 crs	₹6.7310 crs	5.18%
Net Profit	₹1.8194 crs	₹0.0540 crs	3,269.26%
EPS	₹0.76	₹0.09	744.44%

Financial Results (Q1 FY2024) - YoY Comparison

The company has reported total income of Rs. 7.0798 crores during the period ended June 30, 2023 as compared to Rs.5.4534 crores during the period ended June 30, 2022.

The company has posted net profit / (loss) of Rs.1.8194 crores for the period ended June 30, 2023 as against net profit / (loss) of Rs.0.1382 crores for the period ended June 30, 2022.

The company has reported EPS of Rs.0.76 for the period ended June 30, 2023 as compared to Rs.0.16 for the period ended June 30, 2022.

Financials	Q1 FY2024	Q1 FY2023	% Change
Total Income	₹ 7.0798 crs	₹5.4534 crs	29.82%
Net Profit	₹1.8194 crs	₹0.1382 crs	1,216.50%
EPS	₹0.76	₹0.16	375.00%

Shares of NETTLINX LTD. was last trading in BSE at Rs. 87.48 as compared to the previous close of Rs. 87.61. The total number of shares traded during the day was 7725 in over 72 trades.

The stock hit an intraday high of Rs. 89.30 and intraday low of 84.60. The net turnover during the day was Rs. 665476.00.

Source : Equity Bulls

Keywords

Nettlinx Q1FY24 ResultUpdate