Surana Solar Ltd Q1FY24 net profit at Rs. 24.38 lakhs

Surana Solar 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. 7.2523 crores during the period ended June 30, 2023 as compared to Rs. 8.3351 crores during the period ended March 31, 2023.

The company has posted net profit / (loss) of Rs. 0.2438 crores for the period ended June 30, 2023 as against net profit / (loss) of Rs. 0.2522 crores for the period ended March 31, 2023.

The company has reported EPS of Rs. 0.05 for the period ended June 30, 2023 as compared to Rs. 0.05 for the period ended March 31, 2023.

Financials	Q1 FY2024	Q4 FY2023	% Change
Total Income	₹ 7.2523 crs	₹8.3351 crs	-12.99%
Net Profit	₹0.2438 crs	₹0.2522 crs	-3.33%
EPS	₹0.05	₹0.05	0.00%

Financial Results (Q1 FY2024) - YoY Comparison

The company has reported total income of Rs. 7.2523 crores during the period ended June 30, 2023 as compared to Rs.13.1834 crores during the period ended June 30, 2022.

The company has posted net profit / (loss) of Rs.0.2438 crores for the period ended June 30, 2023 as against net profit / (loss) of Rs.1.9056 crores for the period ended June 30, 2022.

The company has reported EPS of Rs.0.05 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	₹ 7.2523 crs	₹13.1834 crs	-44.99%
Net Profit	₹0.2438 crs	₹1.9056 crs	-87.21%
EPS	₹0.05	₹0.39	-87.18%

Shares of Surana Solar Limited was last trading in BSE at Rs. 25.91 as compared to the previous close of Rs. 24.68. The total number of shares traded during the day was 6268 in over 34 trades.

The stock hit an intraday high of Rs. 25.91 and intraday low of 25.01. The net turnover during the day was Rs. 161489.00.

Source : Equity Bulls

Keywords

SuranaSolar Q1FY24 ResultUpdate