India Gelatine and Chemicals Ltd Q1FY24 PAT higher at Rs. 10.03 crores

INDIA GELATINE & CHEMICALS LTD. 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. 60.1827 crores during the period ended June 30, 2023 as compared to Rs. 57.4457 crores during the period ended March 31, 2023.

The company has posted net profit / (loss) of Rs. 10.0359 crores for the period ended June 30, 2023 as against net profit / (loss) of Rs. 9.3061 crores for the period ended March 31, 2023.

The company has reported EPS of Rs. 14.15 for the period ended June 30, 2023 as compared to Rs. 13.12 for the period ended March 31, 2023.

Financials	Q1 FY2024	Q4 FY2023	% Change
Total Income	₹ 60.1827 crs	₹57.4457 crs	4.76%
Net Profit	₹10.0359 crs	₹9.3061 crs	7.84%
EPS	₹14.15	₹13.12	7.85%

Financial Results (Q1 FY2024) - YoY Comparison

The company has reported total income of Rs. 60.1827 crores during the period ended June 30, 2023 as compared to Rs.45.4484 crores during the period ended June 30, 2022.

The company has posted net profit / (loss) of Rs.10.0359 crores for the period ended June 30, 2023 as against net profit / (loss) of Rs.2.8821 crores for the period ended June 30, 2022.

The company has reported EPS of Rs.14.15 for the period ended June 30, 2023 as compared to Rs.4.06 for the period ended June 30, 2022.

Financials	Q1 FY2024	Q1 FY2023	% Change
Total Income	₹ 60.1827 crs	₹45.4484 crs	32.42%
Net Profit	₹10.0359 crs	₹2.8821 crs	248.21%
EPS	₹14.15	₹4.06	248.52%

Shares of INDIA GELATINE & CHEMICALS LTD. was last trading in BSE at Rs. 357.30 as compared to the previous close of Rs. 356.30. The total number of shares traded during the day was 13274 in over 190 trades.

The stock hit an intraday high of Rs. 360.00 and intraday low of 338.50. The net turnover during the day was Rs. 4661318.00.

Source : Equity Bulls

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IndiaGelatineandChemicals Q1FY24 ResultUpdate