AIA Engineering Ltd consolidated Q1FY24 PAT higher at Rs. 272.34 crores

AIA Engineering 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. 1299.0973 crores during the period ended June 30, 2023 as compared to Rs. 1337.3685 crores during the period ended March 31, 2023.

The company has posted net profit / (loss) of Rs. 272.3415 crores for the period ended June 30, 2023 as against net profit / (loss) of Rs. 268.1921 crores for the period ended March 31, 2023.

The company has reported EPS of Rs. 28.87 for the period ended June 30, 2023 as compared to Rs. 28.43 for the period ended March 31, 2023.

Financials	Q1 FY2024	Q4 FY2023	% Change
Total Income	₹ 1299.0973 crs	₹1337.3685 crs	-2.86%
Net Profit	₹272.3415 crs	₹268.1921 crs	1.55%
EPS	₹28.87	₹28.43	1.55%

Financial Results (Q1 FY2024) - YoY Comparison

The company has reported total income of Rs. 1299.0973 crores during the period ended June 30, 2023 as compared to Rs.1100.3351 crores during the period ended June 30, 2022.

The company has posted net profit / (loss) of Rs.272.3415 crores for the period ended June 30, 2023 as against net profit / (loss) of Rs.190.47 crores for the period ended June 30, 2022.

The company has reported EPS of Rs.28.87 for the period ended June 30, 2023 as compared to Rs.20.19 for the period ended June 30, 2022.

Financials	Q1 FY2024	Q1 FY2023	% Change
Total Income	₹ 1299.0973 crs	₹1100.3351 crs	18.06%
Net Profit	₹272.3415 crs	₹190.47 crs	42.98%
EPS	₹28.87	₹20.19	42.99%

Shares of AIA Engineering Limited was last trading in BSE at Rs. 3379.65 as compared to the previous close of Rs. 3457.45. The total number of shares traded during the day was 3187 in over 828 trades.

The stock hit an intraday high of Rs. 3515.35 and intraday low of 3327.80. The net turnover during the day was Rs. 10890712.00.

Source : Equity Bulls

Keywords

AIAEngineering Q1FY24 ResultUpdate