Welspun Investments and Commercials Ltd Q1FY24 loss at Rs. 6.43 lakhs

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. 0.0181 crores during the period ended June 30, 2023 as compared to Rs. 3.4338 crores during the period ended March 31, 2023.

The company has posted net profit / (loss) of Rs. -0.0643 crores for the period ended June 30, 2023 as against net profit / (loss) of Rs. 2.5055 crores for the period ended March 31, 2023.

The company has reported EPS of Rs. -0.18 for the period ended June 30, 2023 as compared to Rs. 6.86 for the period ended March 31, 2023.

Financials	Q1 FY2024	Q4 FY2023	% Change
Total Income	₹ 0.0181 crs	₹3.4338 crs	-99.47%
Net Profit	₹-0.0643 crs	₹2.5055 crs	-102.57%
EPS	₹-0.18	₹6.86	-102.62%

Financial Results (Q1 FY2024) - YoY Comparison

The company has reported total income of Rs. 0.0181 crores during the period ended June 30, 2023 as compared to Rs.0.1270 crores during the period ended June 30, 2022.

The company has posted net profit / (loss) of Rs.-0.0643 crores for the period ended June 30, 2023 as against net profit / (loss) of Rs.0.0414 crores for the period ended June 30, 2022.

The company has reported EPS of Rs.-0.18 for the period ended June 30, 2023 as compared to Rs.0.11 for the period ended June 30, 2022.

Financials	Q1 FY2024	Q1 FY2023	% Change
Total Income	₹ 0.0181 crs	₹0.1270 crs	-85.75%
Net Profit	₹-0.0643 crs	₹0.0414 crs	-255.31%
EPS	₹-0.18	₹0.11	-263.64%

Source : Equity Bulls

Keywords

WelspunInvestmentsandCommercials Q1FY24 ResultUpdate