Aro Granite Industries Ltd Q1 FY24 net profit increases to Rs. 1.32 crore

Aro Granite Industries 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. 52.0239 crores during the period ended June 30, 2023 as compared to Rs. 47.0144 crores during the period ended March 31, 2023.

The company has posted net profit / (loss) of Rs. 1.3229 crores for the period ended June 30, 2023 as against net profit / (loss) of Rs. 0.4887 crores for the period ended March 31, 2023.

The company has reported EPS of Rs. 0.89 for the period ended June 30, 2023 as compared to Rs. 0.30 for the period ended March 31, 2023.

Financials	Q1 FY2024	Q4 FY2023	% Change
Total Income	₹ 52.0239 crs	₹47.0144 crs	10.66%
Net Profit	₹1.3229 crs	₹0.4887 crs	170.70%
EPS	₹0.89	₹0.30	196.67%

Financial Results (Q1 FY2024) - YoY Comparison

The company has reported total income of Rs. 52.0239 crores during the period ended June 30, 2023 as compared to Rs.45.1166 crores during the period ended June 30, 2022.

The company has posted net profit / (loss) of Rs.1.3229 crores for the period ended June 30, 2023 as against net profit / (loss) of Rs.0.1793 crores for the period ended June 30, 2022.

The company has reported EPS of Rs.0.89 for the period ended June 30, 2023 as compared to Rs.0.06 for the period ended June 30, 2022.

Financials	Q1 FY2024	Q1 FY2023	% Change
Total Income	₹ 52.0239 crs	₹45.1166 crs	15.31%
Net Profit	₹1.3229 crs	₹0.1793 crs	637.81%
EPS	₹0.89	₹0.06	1,383.33%

Shares of Aro Granite Industries Limited was last trading in BSE at Rs. 48.98 as compared to the previous close of Rs. 43.38. The total number of shares traded during the day was 85516 in over 624 trades.

The stock hit an intraday high of Rs. 50.75 and intraday low of 43.15. The net turnover during the day was Rs. 4082747.00.

Source : Equity Bulls

Keywords

AroGraniteIndustries Q1FY24 ResultUpdate