Automotive Stampings and Assemblies Ltd Q1 FY24 PAT increases to Rs. 3.82 crore

Automotive Stampings and Assemblies 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. 219.3276 crores during the period ended June 30, 2023 as compared to Rs. 210.8479 crores during the period ended March 31, 2023.

The company has posted net profit / (loss) of Rs. 3.8261 crores for the period ended June 30, 2023 as against net profit / (loss) of Rs. 3.3738 crores for the period ended March 31, 2023.

The company has reported EPS of Rs. 2.41 for the period ended June 30, 2023 as compared to Rs. 2.13 for the period ended March 31, 2023.

Financials	Q1 FY2024	Q4 FY2023	% Change
Total Income	₹ 219.3276 crs	₹210.8479 crs	4.02%
Net Profit	₹3.8261 crs	₹3.3738 crs	13.41%
EPS	₹2.41	₹2.13	13.15%

Financial Results (Q1 FY2024) - YoY Comparison

The company has reported total income of Rs. 219.3276 crores during the period ended June 30, 2023 as compared to Rs.209.7104 crores during the period ended June 30, 2022.

The company has posted net profit / (loss) of Rs.3.8261 crores for the period ended June 30, 2023 as against net profit / (loss) of Rs.0.7393 crores for the period ended June 30, 2022.

The company has reported EPS of Rs.2.41 for the period ended June 30, 2023 as compared to Rs.0.47 for the period ended June 30, 2022.

Financials	Q1 FY2024	Q1 FY2023	% Change
Total Income	₹ 219.3276 crs	₹209.7104 crs	4.59%
Net Profit	₹3.8261 crs	₹0.7393 crs	417.53%
EPS	₹2.41	₹0.47	412.77%

Shares of Automotive Stampings and Assemblies Limited was last trading in BSE at Rs. 407.25 as compared to the previous close of Rs. 408.15. The total number of shares traded during the day was 9325 in over 788 trades.

The stock hit an intraday high of Rs. 423.90 and intraday low of 403.60. The net turnover during the day was Rs. 3854221.00.

Source : Equity Bulls

Keywords

AutomotiveStampingsandAssemblies Q1FY24 ResultUpdate