Hardcastle and Waud Manufacturing Company Ltd Q1FY24 net profit soars to Rs. 57.62 lakhs

HARDCASTLE & WAUD MFG.CO.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. 1.2566 crores during the period ended June 30, 2023 as compared to Rs. 1.1624 crores during the period ended March 31, 2023.

The company has posted net profit / (loss) of Rs. 0.5762 crores for the period ended June 30, 2023 as against net profit / (loss) of Rs. 0.0934 crores for the period ended March 31, 2023.

The company has reported EPS of Rs. 8.48 for the period ended June 30, 2023 as compared to Rs. 1.37 for the period ended March 31, 2023.

Financials	Q1 FY2024	Q4 FY2023	% Change
Total Income	₹ 1.2566 crs	₹1.1624 crs	8.10%
Net Profit	₹0.5762 crs	₹0.0934 crs	516.92%
EPS	₹8.48	₹1.37	518.98%

Financial Results (Q1 FY2024) - YoY Comparison

The company has reported total income of Rs. 1.2566 crores during the period ended June 30, 2023 as compared to Rs.0.7007 crores during the period ended June 30, 2022.

The company has posted net profit / (loss) of Rs.0.5762 crores for the period ended June 30, 2023 as against net profit / (loss) of Rs.0.2305 crores for the period ended June 30, 2022.

The company has reported EPS of Rs.8.48 for the period ended June 30, 2023 as compared to Rs.3.39 for the period ended June 30, 2022.

Financials	Q1 FY2024	Q1 FY2023	% Change
Total Income	₹ 1.2566 crs	₹0.7007 crs	79.33%
Net Profit	₹0.5762 crs	₹0.2305 crs	149.98%
EPS	₹8.48	₹3.39	150.15%

Shares of HARDCASTLE & WAUD MFG.CO.LTD. was last trading in BSE at Rs. 425.00 as compared to the previous close of Rs. 390.70. The total number of shares traded during the day was 730 in over 26 trades.

The stock hit an intraday high of Rs. 429.75 and intraday low of 400.00. The net turnover during the day was Rs. 310267.00.

Source : Equity Bulls

Keywords

HardcastleandWaudManufacturingCompany Q1FY24 ResultUpdate