The Indian Wood Products Company Ltd posts Rs. 99.85 lakhs consolidated PAT in Q1FY24

The Indian Wood Products Company 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. 50.9722 crores during the period ended June 30, 2023 as compared to Rs. 45.3747 crores during the period ended March 31, 2023.

The company has posted net profit / (loss) of Rs. 0.9985 crores for the period ended June 30, 2023 as against net profit / (loss) of Rs. 0.3314 crores for the period ended March 31, 2023.

The company has reported EPS of Rs. 0.16 for the period ended June 30, 2023 as compared to Rs. 0.05 for the period ended March 31, 2023.

Financials	Q1 FY2024	Q4 FY2023	% Change
Total Income	₹ 50.9722 crs	₹45.3747 crs	12.34%
Net Profit	₹0.9985 crs	₹0.3314 crs	201.30%
EPS	₹0.16	₹0.05	220.00%

Financial Results (Q1 FY2024) - YoY Comparison

The company has reported total income of Rs. 50.9722 crores during the period ended June 30, 2023 as compared to Rs.49.9376 crores during the period ended June 30, 2022.

The company has posted net profit / (loss) of Rs.0.9985 crores for the period ended June 30, 2023 as against net profit / (loss) of Rs.0.3610 crores for the period ended June 30, 2022.

The company has reported EPS of Rs.0.16 for the period ended June 30, 2023 as compared to Rs.0.06 for the period ended June 30, 2022.

Financials	Q1 FY2024	Q1 FY2023	% Change
Total Income	₹ 50.9722 crs	₹49.9376 crs	2.07%
Net Profit	₹0.9985 crs	₹0.3610 crs	176.59%
EPS	₹0.16	₹0.06	166.67%

Shares of The Indian Wood Products Company Ltd was last trading in BSE at Rs. 22.85 as compared to the previous close of Rs. 23.00. The total number of shares traded during the day was 9210 in over 56 trades.

The stock hit an intraday high of Rs. 23.90 and intraday low of 22.65. The net turnover during the day was Rs. 215781.00.

Source : Equity Bulls

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TheIndianWoodProductsCompany Q1FY24 ResultUpdate