Gujarat Poly Electronics Ltd Q1 FY2024 net profit at Rs. 72.18 lakhs

Gujarat Poly Electronics 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. 5.0308 crores during the period ended June 30, 2023 as compared to Rs. 5.5078 crores during the period ended March 31, 2023.

The company has posted net profit / (loss) of Rs. 0.7218 crores for the period ended June 30, 2023 as against net profit / (loss) of Rs. 1.4887 crores for the period ended March 31, 2023.

The company has reported EPS of Rs. 0.84 for the period ended June 30, 2023 as compared to Rs. 1.74 for the period ended March 31, 2023.

Financials	Q1 FY2024	Q4 FY2023	% Change
Total Income	₹5.0308 crs	₹5.5078 crs	-8.66%
Net Profit	₹0.7218 crs	₹1.4887 crs	-51.51%
EPS	₹0.84	₹1.74	-51.72%

Financial Results (Q1 FY2024) - YoY Comparison

The company has reported total income of Rs.5.0308 crores during the period ended June 30, 2023 as compared to Rs.4.0645 crores during the period ended June 30, 2022.

The company has posted net profit / (loss) of Rs.0.7218 crores for the period ended June 30, 2023 as against net profit / (loss) of Rs.0.3340 crores for the period ended June 30, 2022.

The company has reported EPS of Rs.0.84 for the period ended June 30, 2023 as compared to Rs.0.39 for the period ended June 30, 2022.

Financials	Q1 FY2024	Q1 FY2023	% Change
Total Income	₹5.0308 crs	₹4.0645 crs	23.77%
Net Profit	₹0.7218 crs	₹0.3340 crs	116.11%
EPS	₹0.84	₹0.39	115.38%

Shares of Gujarat Poly Electronics Ltd was last trading in BSE at Rs. 52.76 as compared to the previous close of Rs. 53.80. The total number of shares traded during the day was 3650 in over 58 trades.

The stock hit an intraday high of Rs. 55.00 and intraday low of 52.50. The net turnover during the day was Rs. 197517.00.

Source : Equity Bulls

Keywords

GujaratPolyElectronics Q1FY24 ResultUpdate