SVC Industries Ltd Q1FY24 loss at Rs. 59.03 lakhs

SVC INDUSTRIES 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. 0.1236 crores during the period ended June 30, 2023 as compared to Rs. 0.0020 crores during the period ended March 31, 2023.

The company has posted net profit / (loss) of Rs. -0.5903 crores for the period ended June 30, 2023 as against net profit / (loss) of Rs. -0.6631 crores for the period ended March 31, 2023.

The company has reported EPS of Rs. -0.04 for the period ended June 30, 2023 as compared to Rs. -0.04 for the period ended March 31, 2023.

Financials	Q1 FY2024	Q4 FY2023	% Change
Total Income	₹ 0.1236 crs	₹0.0020 crs	6,080.00%
Net Profit	₹-0.5903 crs	₹-0.6631 crs	10.98%
EPS	₹-0.04	₹-0.04	0.00%

Financial Results (Q1 FY2024) - YoY Comparison

The company has reported total income of Rs. 0.1236 crores during the period ended June 30, 2023 as compared to Rs.0.0957 crores during the period ended June 30, 2022.

The company has posted net profit / (loss) of Rs.-0.5903 crores for the period ended June 30, 2023 as against net profit / (loss) of Rs.-0.6080 crores for the period ended June 30, 2022.

The company has reported EPS of Rs.-0.04 for the period ended June 30, 2023 as compared to Rs.-0.04 for the period ended June 30, 2022.

Financials	Q1 FY2024	Q1 FY2023	% Change
Total Income	₹ 0.1236 crs	₹0.0957 crs	29.15%
Net Profit	₹-0.5903 crs	₹-0.6080 crs	2.91%
EPS	₹-0.04	₹-0.04	0.00%

Shares of SVC INDUSTRIES Ltd was last trading in BSE at Rs. 2.55 as compared to the previous close of Rs. 2.54. The total number of shares traded during the day was 28246 in over 103 trades.

The stock hit an intraday high of Rs. 2.62 and intraday low of 2.51. The net turnover during the day was Rs. 72670.00.

Source : Equity Bulls

Keywords

SVCIndustries Q1FY24 ResultUpdate