KEI Industries Ltd posts Rs. 121.38 crores consolidated net profit in Q1FY24

KEI 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. 1790.905 crores during the period ended June 30, 2023 as compared to Rs. 1959.589 crores during the period ended March 31, 2023.

The company has posted net profit / (loss) of Rs. 121.380 crores for the period ended June 30, 2023 as against net profit / (loss) of Rs. 138.098 crores for the period ended March 31, 2023.

The company has reported EPS of Rs. 13.43 for the period ended June 30, 2023 as compared to Rs. 15.28 for the period ended March 31, 2023.

Financials	Q1 FY2024	Q4 FY2023	% Change
Total Income	₹ 1790.905 crs	₹1959.589 crs	-8.61%
Net Profit	₹121.380 crs	₹138.098 crs	-12.11%
EPS	₹13.43	₹15.28	-12.11%

Financial Results (Q1 FY2024) - YoY Comparison

The company has reported total income of Rs. 1790.905 crores during the period ended June 30, 2023 as compared to Rs.1568.942 crores during the period ended June 30, 2022.

The company has posted net profit / (loss) of Rs.121.380 crores for the period ended June 30, 2023 as against net profit / (loss) of Rs.103.760 crores for the period ended June 30, 2022.

The company has reported EPS of Rs.13.43 for the period ended June 30, 2023 as compared to Rs.11.47 for the period ended June 30, 2022.

Financials	Q1 FY2024	Q1 FY2023	% Change
Total Income	₹ 1790.905 crs	₹1568.942 crs	14.15%
Net Profit	₹121.380 crs	₹103.760 crs	16.98%
EPS	₹13.43	₹11.47	17.09%

Shares of KEI Industries Limited was last trading in BSE at Rs. 2429.65 as compared to the previous close of Rs. 2437.70. The total number of shares traded during the day was 21028 in over 3388 trades.

The stock hit an intraday high of Rs. 2489.35 and intraday low of 2405.20. The net turnover during the day was Rs. 51264472.00.

Source : Equity Bulls

Keywords

KEIIndustries Q1FY24 ResultUpdate