Standard Industries Ltd Q1 FY24 consolidated loss at Rs. 2.78 crore

Standard Industries 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. 10.1979 crores during the period ended June 30, 2023 as compared to Rs. 6.0384 crores during the period ended March 31, 2023.

The company has posted net profit / (loss) of Rs. -2.7822 crores for the period ended June 30, 2023 as against net profit / (loss) of Rs. -5.6070 crores for the period ended March 31, 2023.

The company has reported EPS of Rs. -0.43 for the period ended June 30, 2023 as compared to Rs. -0.87 for the period ended March 31, 2023.

Financials	Q1 FY2024	Q4 FY2023	% Change
Total Income	₹ 10.1979 crs	₹6.0384 crs	68.88%
Net Profit	₹-2.7822 crs	₹-5.6070 crs	50.38%
EPS	₹-0.43	₹-0.87	50.57%

Financial Results (Q1 FY2024) - YoY Comparison

The company has reported total income of Rs. 10.1979 crores during the period ended June 30, 2023 as compared to Rs.15.1174 crores during the period ended June 30, 2022.

The company has posted net profit / (loss) of Rs.-2.7822 crores for the period ended June 30, 2023 as against net profit / (loss) of Rs.3.1082 crores for the period ended June 30, 2022.

The company has reported EPS of Rs.-0.43 for the period ended June 30, 2023 as compared to Rs.0.48 for the period ended June 30, 2022.

Financials	Q1 FY2024	Q1 FY2023	% Change
Total Income	₹ 10.1979 crs	₹15.1174 crs	-32.54%
Net Profit	₹-2.7822 crs	₹3.1082 crs	-189.51%
EPS	₹-0.43	₹0.48	-189.58%

Shares of Standard Industries Limited was last trading in BSE at Rs. 23.74 as compared to the previous close of Rs. 24.00. The total number of shares traded during the day was 15277 in over 188 trades.

The stock hit an intraday high of Rs. 24.09 and intraday low of 23.50. The net turnover during the day was Rs. 361966.00.

Source : Equity Bulls

Keywords

StandardIndustries Q1FY24 ResultUpdate