Orient Cement Ltd Q1FY24 PAT lower at Rs. 37.03 crores

Orient Cement Limited 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. 829.6035 crores during the period ended June 30, 2023 as compared to Rs. 880.8803 crores during the period ended March 31, 2023.

The company has posted net profit / (loss) of Rs. 37.0336 crores for the period ended June 30, 2023 as against net profit / (loss) of Rs. 67.3787 crores for the period ended March 31, 2023.

The company has reported EPS of Rs. 1.81 for the period ended June 30, 2023 as compared to Rs. 3.29 for the period ended March 31, 2023.

Financials	Q1 FY2024	Q4 FY2023	% Change
Total Income	₹ 829.6035 crs	₹880.8803 crs	-5.82%
Net Profit	₹37.0336 crs	₹67.3787 crs	-45.04%
EPS	₹1.81	₹3.29	-44.98%

Financial Results (Q1 FY2024) - YoY Comparison

The company has reported total income of Rs. 829.6035 crores during the period ended June 30, 2023 as compared to Rs.715.1496 crores during the period ended June 30, 2022.

The company has posted net profit / (loss) of Rs.37.0336 crores for the period ended June 30, 2023 as against net profit / (loss) of Rs.37.4172 crores for the period ended June 30, 2022.

The company has reported EPS of Rs.1.81 for the period ended June 30, 2023 as compared to Rs.1.83 for the period ended June 30, 2022.

Financials	Q1 FY2024	Q1 FY2023	% Change
Total Income	₹ 829.6035 crs	₹715.1496 crs	16.00%
Net Profit	₹37.0336 crs	₹37.4172 crs	-1.03%
EPS	₹1.81	₹1.83	-1.09%

Shares of Orient Cement Limited was last trading in BSE at Rs. 147.05 as compared to the previous close of Rs. 145.50. The total number of shares traded during the day was 34068 in over 752 trades.

The stock hit an intraday high of Rs. 147.65 and intraday low of 145.50. The net turnover during the day was Rs. 4999294.00.

Source : Equity Bulls

Keywords

OrientCement Q1FY24 ResultUpdate