Netlink Solutions India Ltd Q1FY24 net profit at Rs. 2.07 crore

NETLINK SOLUTIONS (INDIA) 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. 2.6618 crores during the period ended June 30, 2023 as compared to Rs. 4.1409 crores during the period ended March 31, 2023.

The company has posted net profit / (loss) of Rs. 2.0736 crores for the period ended June 30, 2023 as against net profit / (loss) of Rs. 2.7727 crores for the period ended March 31, 2023.

The company has reported EPS of Rs. 8.20 for the period ended June 30, 2023 as compared to Rs. 10.96 for the period ended March 31, 2023.

Financials	Q1 FY2024	Q4 FY2023	% Change
Total Income	₹ 2.6618 crs	₹4.1409 crs	-35.72%
Net Profit	₹2.0736 crs	₹2.7727 crs	-25.21%
EPS	₹8.20	₹10.96	-25.18%

Financial Results (Q1 FY2024) - YoY Comparison

The company has reported total income of Rs. 2.6618 crores during the period ended June 30, 2023 as compared to Rs.1.3642 crores during the period ended June 30, 2022.

The company has posted net profit / (loss) of Rs.2.0736 crores for the period ended June 30, 2023 as against net profit / (loss) of Rs.0.9456 crores for the period ended June 30, 2022.

The company has reported EPS of Rs.8.20 for the period ended June 30, 2023 as compared to Rs.3.74 for the period ended June 30, 2022.

Financials	Q1 FY2024	Q1 FY2023	% Change
Total Income	₹ 2.6618 crs	₹1.3642 crs	95.12%
Net Profit	₹2.0736 crs	₹0.9456 crs	119.29%
EPS	₹8.20	₹3.74	119.25%

Shares of NETLINK SOLUTIONS (INDIA) LTD. was last trading in BSE at Rs. 86.20 as compared to the previous close of Rs. 83.19. The total number of shares traded during the day was 7397 in over 101 trades.

The stock hit an intraday high of Rs. 87.30 and intraday low of 83.10. The net turnover during the day was Rs. 635759.00.

Source : Equity Bulls

Keywords

NetlinkSolutionsIndia Q1FY24 ResultUpdate