Bannari Amman Sugars Ltd Q1 FY2023-24 PAT declines to Rs. 13.59 crores

Bannari Amman Sugars 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. 432.1016 crores during the period ended June 30, 2023 as compared to Rs. 658.7757 crores during the period ended March 31, 2023.

The company has posted net profit / (loss) of Rs. 13.5911 crores for the period ended June 30, 2023 as against net profit / (loss) of Rs. 49.9208 crores for the period ended March 31, 2023.

The company has reported EPS of Rs. 10.84 for the period ended June 30, 2023 as compared to Rs. 39.81 for the period ended March 31, 2023.

Financials	Q1 FY2024	Q4 FY2023	% Change
Total Income	₹ 432.1016 crs	₹658.7757 crs	-34.41%
Net Profit	₹13.5911 crs	₹49.9208 crs	-72.77%
EPS	₹10.84	₹39.81	-72.77%

Financial Results (Q1 FY2024) - YoY Comparison

The company has reported total income of Rs. 432.1016 crores during the period ended June 30, 2023 as compared to Rs.460.6523 crores during the period ended June 30, 2022.

The company has posted net profit / (loss) of Rs.13.5911 crores for the period ended June 30, 2023 as against net profit / (loss) of Rs.25.6911 crores for the period ended June 30, 2022.

The company has reported EPS of Rs.10.84 for the period ended June 30, 2023 as compared to Rs.20.49 for the period ended June 30, 2022.

Financials	Q1 FY2024	Q1 FY2023	% Change
Total Income	₹ 432.1016 crs	₹460.6523 crs	-6.20%
Net Profit	₹13.5911 crs	₹25.6911 crs	-47.10%
EPS	₹10.84	₹20.49	-47.10%

Shares of Bannari Amman Sugars Limited was last trading in BSE at Rs. 2776.80 as compared to the previous close of Rs. 2741.10. The total number of shares traded during the day was 408 in over 73 trades.

The stock hit an intraday high of Rs. 2786.75 and intraday low of 2740.00. The net turnover during the day was Rs. 1129732.00.

Source : Equity Bulls

Keywords

BannariAmmanSugars Q1FY24 ResultUpdate