NAVA Ltd Q1FY24 consolidated PAT up QoQ at Rs. 261.05 crores

Nava Bharat Ventures 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. 1078.3968 crores during the period ended June 30, 2023 as compared to Rs. 1000.3822 crores during the period ended March 31, 2023.

The company has posted net profit / (loss) of Rs. 261.0552 crores for the period ended June 30, 2023 as against net profit / (loss) of Rs. 246.6573 crores for the period ended March 31, 2023.

The company has reported EPS of Rs. 17.99 for the period ended June 30, 2023 as compared to Rs. 17 for the period ended March 31, 2023.

Financials	Q1 FY2024	Q4 FY2023	% Change
Total Income	₹ 1078.3968 crs	₹1000.3822 crs	7.80%
Net Profit	₹261.0552 crs	₹ 246.6573 crs	5.84%
EPS	₹17.99	₹17	5.82%

Financial Results (Q1 FY2024) - YoY Comparison

The company has reported total income of Rs. 1078.3968 crores during the period ended June 30, 2023 as compared to Rs.1113.9052 crores during the period ended June 30, 2022.

The company has posted net profit / (loss) of Rs.261.0552 crores for the period ended June 30, 2023 as against net profit / (loss) of Rs.298.6114 crores for the period ended June 30, 2022.

The company has reported EPS of Rs.17.99 for the period ended June 30, 2023 as compared to Rs.20.58 for the period ended June 30, 2022.

Financials	Q1 FY2024	Q1 FY2023	% Change
Total Income	₹ 1078.3968 crs	₹1113.9052 crs	-3.19%
Net Profit	₹261.0552 crs	₹298.6114 crs	-12.58%
EPS	₹17.99	₹20.58	-12.59%

Shares of Nava Bharat Ventures Limited was last trading in BSE at Rs. 391.85 as compared to the previous close of Rs. 373.90. The total number of shares traded during the day was 67133 in over 2236 trades.

The stock hit an intraday high of Rs. 394.00 and intraday low of 373.05. The net turnover during the day was Rs. 25986419.00.

Source : Equity Bulls

Keywords

NAVA Q1FY24 ResultUpdate