Engineers India's Q1FY24 consolidated net profit falls QoQ to Rs. 138.92 crores

Engineers India 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. 911.9944 crores during the period ended June 30, 2023 as compared to Rs. 924.9615 crores during the period ended March 31, 2023.

The company has posted net profit / (loss) of Rs. 138.9251 crores for the period ended June 30, 2023 as against net profit / (loss) of Rs. 190.1788 crores for the period ended March 31, 2023.

The company has reported EPS of Rs. 2.47 for the period ended June 30, 2023 as compared to Rs. 3.38 for the period ended March 31, 2023.

Financials	Q1 FY2024	Q4 FY2023	% Change
Total Income	₹ 911.9944 crs	₹924.9615 crs	-1.40%
Net Profit	₹138.9251 crs	₹190.1788 crs	-26.95%
EPS	₹2.47	₹3.38	-26.92%

Financial Results (Q1 FY2024) - YoY Comparison

The company has reported total income of Rs. 911.9944 crores during the period ended June 30, 2023 as compared to Rs.842.7348 crores during the period ended June 30, 2022.

The company has posted net profit / (loss) of Rs.138.9251 crores for the period ended June 30, 2023 as against net profit / (loss) of Rs.64.8125 crores for the period ended June 30, 2022.

The company has reported EPS of Rs.2.47 for the period ended June 30, 2023 as compared to Rs.1.15 for the period ended June 30, 2022.

Financials	Q1 FY2024	Q1 FY2023	% Change
Total Income	₹ 911.9944 crs	₹842.7348 crs	8.22%
Net Profit	₹138.9251 crs	₹64.8125 crs	114.35%
EPS	₹2.47	₹1.15	114.78%

Shares of Engineers India Limited was last trading in BSE at Rs. 155.55 as compared to the previous close of Rs. 158.55. The total number of shares traded during the day was 430412 in over 3591 trades.

The stock hit an intraday high of Rs. 160.50 and intraday low of 152.15. The net turnover during the day was Rs. 67292327.00.

Source : Equity Bulls

Keywords

EngineersIndia Q1FY24 ResultUpdate