Stanpacks India Ltd Q1FY24 loss at Rs. 20.29 lakhs

STANPACKS (INDIA) 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. 7.8855 crores during the period ended June 30, 2023 as compared to Rs. 6.6013 crores during the period ended March 31, 2023.

The company has posted net profit / (loss) of Rs. -0.2029 crores for the period ended June 30, 2023 as against net profit / (loss) of Rs. -0.0548 crores for the period ended March 31, 2023.

The company has reported EPS of Rs. -0.33 for the period ended June 30, 2023 as compared to Rs. -0.08 for the period ended March 31, 2023.

Financials	Q1 FY2024	Q4 FY2023	% Change
Total Income	₹ 7.8855 crs	₹6.6013 crs	19.45%
Net Profit	₹-0.2029 crs	₹-0.0548 crs	270.26%
EPS	₹-0.33	₹-0.08	312.50%

Financial Results (Q1 FY2024) - YoY Comparison

The company has reported total income of Rs. 7.8855 crores during the period ended June 30, 2023 as compared to Rs.8.4692 crores during the period ended June 30, 2022.

The company has posted net profit / (loss) of Rs.-0.2029 crores for the period ended June 30, 2023 as against net profit / (loss) of Rs.-0.4262 crores for the period ended June 30, 2022.

The company has reported EPS of Rs.-0.33 for the period ended June 30, 2023 as compared to Rs.-0.70 for the period ended June 30, 2022.

Financials	Q1 FY2024	Q1 FY2023	% Change
Total Income	₹ 7.8855 crs	₹8.4692 crs	-6.89%
Net Profit	₹-0.2029 crs	₹-0.4262 crs	52.39%
EPS	₹-0.33	₹-0.70	52.86%

Shares of STANPACKS (INDIA) LTD. was last trading in BSE at Rs. 8.55 as compared to the previous close of Rs. 8.15. The total number of shares traded during the day was 2 in over 2 trades.

The stock hit an intraday high of Rs. 8.55 and intraday low of 8.55. The net turnover during the day was Rs. 17.00.

Source : Equity Bulls

Keywords

StanpacksIndia Q1FY24 ResultUpdate