Stock Report

Nitta Gelatin India Ltd Q1 FY2023-24 consolidated net profit zooms to Rs. 27.53 crores

Posted On : 2023-08-04 18:32:57( TIMEZONE : IST )

NITTA GELATIN INDIA LTD. 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. 131.2841 crores during the period ended June 30, 2023 as compared to Rs. 145.9685 crores during the period ended March 31, 2023.

The company has posted net profit / (loss) of Rs. 27.5322 crores for the period ended June 30, 2023 as against net profit / (loss) of Rs. 16.1845 crores for the period ended March 31, 2023.

The company has reported EPS of Rs. 30.32 for the period ended June 30, 2023 as compared to Rs. 17.83 for the period ended March 31, 2023.

Financials	Q1 FY2024	Q4 FY2023	% Change
Total Income	₹ 131.2841 crs	₹145.9685 crs	-10.06%
Net Profit	₹27.5322 crs	₹16.1845 crs	70.11%
EPS	₹30.32	₹17.83	70.05%

Financial Results (Q1 FY2024) - YoY Comparison

The company has reported total income of Rs. 131.2841 crores during the period ended June 30, 2023 as compared to Rs.135.5644 crores during the period ended June 30, 2022.

The company has posted net profit / (loss) of Rs.27.5322 crores for the period ended June 30, 2023 as against net profit / (loss) of Rs.12.2397 crores for the period ended June 30, 2022.

The company has reported EPS of Rs.30.32 for the period ended June 30, 2023 as compared to Rs.13.48 for the period ended June 30, 2022.

Financials	Q1 FY2024	Q1 FY2023	% Change
Total Income	₹ 131.2841 crs	₹135.5644 crs	-3.16%
Net Profit	₹27.5322 crs	₹12.2397 crs	124.94%
EPS	₹30.32	₹13.48	124.93%

Shares of NITTA GELATIN INDIA LTD. was last trading in BSE at Rs. 848.80 as compared to the previous close of Rs. 780.95. The total number of shares traded during the day was 48954 in over 1111 trades.

The stock hit an intraday high of Rs. 900.00 and intraday low of 815.00. The net turnover during the day was Rs. 41010374.00.