Refex Industries Ltd posts YoY jump in Q1FY24 PAT to Rs. 22.01 crores

Refex Industries 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. 383.3001 crores during the period ended June 30, 2023 as compared to Rs. 631.9726 crores during the period ended March 31, 2023.

The company has posted net profit / (loss) of Rs. 22.0136 crores for the period ended June 30, 2023 as against net profit / (loss) of Rs. 50.6726 crores for the period ended March 31, 2023.

The company has reported EPS of Rs. 9.92 for the period ended June 30, 2023 as compared to Rs. 22.88 for the period ended March 31, 2023.

Financials	Q1 FY2024	Q4 FY2023	% Change
Total Income	₹ 383.3001 crs	₹631.9726 crs	-39.35%
Net Profit	₹22.0136 crs	₹50.6726 crs	-56.56%
EPS	₹9.92	₹22.88	-56.64%

Financial Results (Q1 FY2024) - YoY Comparison

The company has reported total income of Rs. 383.3001 crores during the period ended June 30, 2023 as compared to Rs.267.4571 crores during the period ended June 30, 2022.

The company has posted net profit / (loss) of Rs.22.0136 crores for the period ended June 30, 2023 as against net profit / (loss) of Rs.13.7854 crores for the period ended June 30, 2022.

The company has reported EPS of Rs.9.92 for the period ended June 30, 2023 as compared to Rs.6.56 for the period ended June 30, 2022.

Financials	Q1 FY2024	Q1 FY2023	% Change
Total Income	₹ 383.3001 crs	₹267.4571 crs	43.31%
Net Profit	₹22.0136 crs	₹13.7854 crs	59.69%
EPS	₹9.92	₹6.56	51.22%

Shares of Refex Industries Limited was last trading in BSE at Rs. 867.40 as compared to the previous close of Rs. 889.90. The total number of shares traded during the day was 122347 in over 7540 trades.

The stock hit an intraday high of Rs. 923.95 and intraday low of 845.45. The net turnover during the day was Rs. 107614636.00.

Source : Equity Bulls

Keywords

RefexIndustries Q1FY24 ResultUpdate