Avadh Sugar and Energy Ltd Q1 FY2024 PAT slides QoQ to Rs. 22.16 crores

Avadh Sugar & Energy 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. 682.3054 crores during the period ended June 30, 2023 as compared to Rs. 848.0762 crores during the period ended March 31, 2023.

The company has posted net profit / (loss) of Rs. 22.1693 crores for the period ended June 30, 2023 as against net profit / (loss) of Rs. 79.0933 crores for the period ended March 31, 2023.

The company has reported EPS of Rs. 11.07 for the period ended June 30, 2023 as compared to Rs. 39.51 for the period ended March 31, 2023.

Financials	Q1 FY2024	Q4 FY2023	% Change
Total Income	₹ 682.3054 crs	₹848.0762 crs	-19.55%
Net Profit	₹22.1693 crs	₹79.0933 crs	-71.97%
EPS	₹11.07	₹39.51	-71.98%

Financial Results (Q1 FY2024) - YoY Comparison

The company has reported total income of Rs. 682.3054 crores during the period ended June 30, 2023 as compared to Rs.688.4074 crores during the period ended June 30, 2022.

The company has posted net profit / (loss) of Rs.22.1693 crores for the period ended June 30, 2023 as against net profit / (loss) of Rs.19.6916 crores for the period ended June 30, 2022.

The company has reported EPS of Rs.11.07 for the period ended June 30, 2023 as compared to Rs.9.84 for the period ended June 30, 2022.

Financials	Q1 FY2024	Q1 FY2023	% Change
Total Income	₹ 682.3054 crs	₹688.4074 crs	-0.89%
Net Profit	₹22.1693 crs	₹19.6916 crs	12.58%
EPS	₹11.07	₹9.84	12.50%

Shares of Avadh Sugar & Energy Limited was last trading in BSE at Rs. 571.75 as compared to the previous close of Rs. 584.35. The total number of shares traded during the day was 7542 in over 576 trades.

The stock hit an intraday high of Rs. 589.00 and intraday low of 560.35. The net turnover during the day was Rs. 4309635.00.

Source : Equity Bulls

Keywords

AvadhSugarandEnergy Q1FY24 ResultUpdate