Ravindra Energy's consolidated PAT drops QOQ to Rs. 3.45 crore in Q1FY24

Ravindra Energy Ltd 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. 59.796 crores during the period ended June 30, 2023 as compared to Rs. 127.681 crores during the period ended March 31, 2023.

The company has posted net profit / (loss) of Rs. 3.45 crores for the period ended June 30, 2023 as against net profit / (loss) of Rs. 8.705 crores for the period ended March 31, 2023.

The company has reported EPS of Rs. 0.26 for the period ended June 30, 2023 as compared to Rs. 0.65 for the period ended March 31, 2023.

Financials	Q1 FY2024	Q4 FY2023	% Change
Total Income	₹ 59.796 crs	₹127.681 crs	-53.17%
Net Profit	₹3.45 crs	₹8.705 crs	-60.37%
EPS	₹0.26	₹0.65	-60.00%

Financial Results (Q1 FY2024) - YoY Comparison

The company has reported total income of Rs. 59.796 crores during the period ended June 30, 2023 as compared to Rs.236.060 crores during the period ended June 30, 2022.

The company has posted net profit / (loss) of Rs.3.45 crores for the period ended June 30, 2023 as against net profit / (loss) of Rs.1.269 crores for the period ended June 30, 2022.

The company has reported EPS of Rs.0.26 for the period ended June 30, 2023 as compared to Rs.0.10 for the period ended June 30, 2022.

Financials	Q1 FY2024	Q1 FY2023	% Change
Total Income	₹ 59.796 crs	₹236.060 crs	-74.67%
Net Profit	₹3.45 crs	₹1.269 crs	171.87%
EPS	₹0.26	₹0.10	160.00%

Shares of Ravindra Energy Ltd was last trading in BSE at Rs. 46.89 as compared to the previous close of Rs. 45.46. The total number of shares traded during the day was 22262 in over 133 trades.

The stock hit an intraday high of Rs. 47.55 and intraday low of 45.00. The net turnover during the day was Rs. 1028737.00.

Source : Equity Bulls

Keywords

RavindraEnergy Q1FY24 ResultUpdate