Cords Cable Industries Ltd Q1 FY2024 PAT at Rs. 1.85 crore

Cords Cable Industries Limited 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. 135.8856 crores during the period ended June 30, 2023 as compared to Rs. 142.3946 crores during the period ended March 31, 2023.

The company has posted net profit / (loss) of Rs. 1.8513 crores for the period ended June 30, 2023 as against net profit / (loss) of Rs. 2.1192 crores for the period ended March 31, 2023.

The company has reported EPS of Rs. 1.41 for the period ended June 30, 2023 as compared to Rs. 1.58 for the period ended March 31, 2023.

Financials	Q1 FY2024	Q4 FY2023	% Change
Total Income	₹ 135.8856 crs	₹142.3946 crs	-4.57%
Net Profit	₹1.8513 crs	₹2.1192 crs	-12.64%
EPS	₹1.41	₹1.58	-10.76%

Financial Results (Q1 FY2024) - YoY Comparison

The company has reported total income of Rs. 135.8856 crores during the period ended June 30, 2023 as compared to Rs.123.5848 crores during the period ended June 30, 2022.

The company has posted net profit / (loss) of Rs.1.8513 crores for the period ended June 30, 2023 as against net profit / (loss) of Rs.1.7351 crores for the period ended June 30, 2022.

The company has reported EPS of Rs.1.41 for the period ended June 30, 2023 as compared to Rs.1.34 for the period ended June 30, 2022.

Financials	Q1 FY2024	Q1 FY2023	% Change
Total Income	₹ 135.8856 crs	₹123.5848 crs	9.95%
Net Profit	₹1.8513 crs	₹1.7351 crs	6.70%
EPS	₹1.41	₹1.34	5.22%

Shares of Cords Cable Industries Limited was last trading in BSE at Rs. 95.74 as compared to the previous close of Rs. 94.49. The total number of shares traded during the day was 3742 in over 90 trades.

The stock hit an intraday high of Rs. 95.99 and intraday low of 91.20. The net turnover during the day was Rs. 355150.00.

Source : Equity Bulls

Keywords

CordsCableIndustries Q1FY24 ResultUpdate