Syrma SGS Technology Ltd consolidated Q1 FY24 PAT at Rs. 28.51 crores

Syrma SGS Technology Limited has reported Consolidated financial results for the period ended June 30, 2023.

Financial Results (Q1 FY2024) - QoQ Comparison

The company has reported total income of Rs. 623.387 crores during the period ended June 30, 2023 as compared to Rs. 702.885 crores during the period ended March 31, 2023.

The company has posted net profit / (loss) of Rs. 28.518 crores for the period ended June 30, 2023 as against net profit / (loss) of Rs. 42.318 crores for the period ended March 31, 2023.

The company has reported EPS of Rs. 1.60 for the period ended June 30, 2023 as compared to Rs. 2.41 for the period ended March 31, 2023.

Financials	Q1 FY2024	Q4 FY2023	% Change
Total Income	₹ 623.387 crs	₹702.885 crs	-11.31%
Net Profit	₹28.518 crs	₹42.318 crs	-32.61%
EPS	₹1.60	₹2.41	-33.61%

Financial Results (Q1 FY2024) - YoY Comparison

The company has reported total income of Rs. 623.387 crores during the period ended June 30, 2023 as compared to Rs.391.776 crores during the period ended June 30, 2022.

The company has posted net profit / (loss) of Rs.28.518 crores for the period ended June 30, 2023 as against net profit / (loss) of Rs.15.581 crores for the period ended June 30, 2022.

The company has reported EPS of Rs.1.60 for the period ended June 30, 2023 as compared to Rs.1.21 for the period ended June 30, 2022.

Financials	Q1 FY2024	Q1 FY2023	% Change
Total Income	₹ 623.387 crs	₹391.776 crs	59.12%
Net Profit	₹28.518 crs	₹15.581 crs	83.03%
EPS	₹1.60	₹1.21	32.23%

Shares of Syrma SGS Technology Limited was last trading in BSE at Rs. 500.05 as compared to the previous close of Rs. 500.10. The total number of shares traded during the day was 120317 in over 6775 trades.

The stock hit an intraday high of Rs. 516.80 and intraday low of 483.55. The net turnover during the day was Rs. 60337391.00.

Source : Equity Bulls

Keywords

SyrmaSGSTechnology Q1FY24 ResultUpdate