Rishi Laser Ltd Q1 FY2024 net profit increases to Rs. 2.13 crore

RISHI LASER 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. 39.0493 crores during the period ended June 30, 2023 as compared to Rs. 33.9837 crores during the period ended March 31, 2023.

The company has posted net profit / (loss) of Rs. 2.1346 crores for the period ended June 30, 2023 as against net profit / (loss) of Rs. 1.8406 crores for the period ended March 31, 2023.

The company has reported EPS of Rs. 2.32 for the period ended June 30, 2023 as compared to Rs. 2 for the period ended March 31, 2023.

Financials	Q1 FY2024	Q4 FY2023	% Change
Total Income	₹ 39.0493 crs	₹33.9837 crs	14.91%
Net Profit	₹2.1346 crs	₹1.8406 crs	15.97%
EPS	₹2.32	₹2	16.00%

Financial Results (Q1 FY2024) - YoY Comparison

The company has reported total income of Rs. 39.0493 crores during the period ended June 30, 2023 as compared to Rs.30.7610 crores during the period ended June 30, 2022.

The company has posted net profit / (loss) of Rs.2.1346 crores for the period ended June 30, 2023 as against net profit / (loss) of Rs.0.5140 crores for the period ended June 30, 2022.

The company has reported EPS of Rs.2.32 for the period ended June 30, 2023 as compared to Rs.0.56 for the period ended June 30, 2022.

Financials	Q1 FY2024	Q1 FY2023	% Change
Total Income	₹ 39.0493 crs	₹30.7610 crs	26.94%
Net Profit	₹2.1346 crs	₹0.5140 crs	315.29%
EPS	₹2.32	₹0.56	314.29%

Shares of RISHI LASER LTD. was last trading in BSE at Rs. 41.20 as compared to the previous close of Rs. 42.00. The total number of shares traded during the day was 234 in over 5 trades.

The stock hit an intraday high of Rs. 41.50 and intraday low of 41.20. The net turnover during the day was Rs. 9674.00.

Source : Equity Bulls

Keywords

RishiLaser Q1FY24 ResultUpdate