PG Electroplast Ltd Q1 FY2024 consolidated net profit at Rs. 33.80 crores

PG Electroplast 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. 678.9122 crores during the period ended June 30, 2023 as compared to Rs. 829.3941 crores during the period ended March 31, 2023.

The company has posted net profit / (loss) of Rs. 33.8056 crores for the period ended June 30, 2023 as against net profit / (loss) of Rs. 40.1657 crores for the period ended March 31, 2023.

The company has reported EPS of Rs. 14.71 for the period ended June 30, 2023 as compared to Rs. 17.47 for the period ended March 31, 2023.

Financials	Q1 FY2024	Q4 FY2023	% Change
Total Income	₹ 678.9122 crs	₹829.3941 crs	-18.14%
Net Profit	₹33.8056 crs	₹40.1657 crs	-15.83%
EPS	₹14.71	₹17.47	-15.80%

Financial Results (Q1 FY2024) - YoY Comparison

The company has reported total income of Rs. 678.9122 crores during the period ended June 30, 2023 as compared to Rs.537.9885 crores during the period ended June 30, 2022.

The company has posted net profit / (loss) of Rs.33.8056 crores for the period ended June 30, 2023 as against net profit / (loss) of Rs.16.4006 crores for the period ended June 30, 2022.

The company has reported EPS of Rs.14.71 for the period ended June 30, 2023 as compared to Rs.7.17 for the period ended June 30, 2022.

Financials	Q1 FY2024	Q1 FY2023	% Change
Total Income	₹ 678.9122 crs	₹537.9885 crs	26.19%
Net Profit	₹33.8056 crs	₹16.4006 crs	106.12%
EPS	₹14.71	₹7.17	105.16%

Shares of PG Electroplast Limited was last trading in BSE at Rs. 1562.25 as compared to the previous close of Rs. 1523.30. The total number of shares traded during the day was 2706 in over 453 trades.

The stock hit an intraday high of Rs. 1578.80 and intraday low of 1520.45. The net turnover during the day was Rs. 4217199.00.

Source : Equity Bulls

Keywords

PGElectroplast Q1FY24 ResultUpdate