Dynamic Cables Ltd Q1FY24 PAT surges to Rs. 11.38 crores

Dynamic Cables 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. 182.1369 crores during the period ended June 30, 2023 as compared to Rs. 179.6081 crores during the period ended March 31, 2023.

The company has posted net profit / (loss) of Rs. 11.3845 crores for the period ended June 30, 2023 as against net profit / (loss) of Rs. 9.9830 crores for the period ended March 31, 2023.

The company has reported EPS of Rs. 5.17 for the period ended June 30, 2023 as compared to Rs. 4.53 for the period ended March 31, 2023.

Financials	Q1 FY2024	Q4 FY2023	% Change
Total Income	₹ 182.1369 crs	₹179.6081 crs	1.41%
Net Profit	₹11.3845 crs	₹9.9830 crs	14.04%
EPS	₹5.17	₹4.53	14.13%

Financial Results (Q1 FY2024) - YoY Comparison

The company has reported total income of Rs. 182.1369 crores during the period ended June 30, 2023 as compared to Rs.158.5122 crores during the period ended June 30, 2022.

The company has posted net profit / (loss) of Rs.11.3845 crores for the period ended June 30, 2023 as against net profit / (loss) of Rs.7.1725 crores for the period ended June 30, 2022.

The company has reported EPS of Rs.5.17 for the period ended June 30, 2023 as compared to Rs.3.26 for the period ended June 30, 2022.

Financials	Q1 FY2024	Q1 FY2023	% Change
Total Income	₹ 182.1369 crs	₹158.5122 crs	14.90%
Net Profit	₹11.3845 crs	₹7.1725 crs	58.72%
EPS	₹5.17	₹3.26	58.59%

Shares of Dynamic Cables Ltd was last trading in BSE at Rs. 419.25 as compared to the previous close of Rs. 464.10. The total number of shares traded during the day was 97135 in over 5069 trades.

The stock hit an intraday high of Rs. 481.65 and intraday low of 410.00. The net turnover during the day was Rs. 42274173.00.

Source : Equity Bulls

Keywords

DynamicCables Q1FY24 ResultUpdate