Savera Industries Ltd Q1 FY2024 net profit at Rs. 2.69 crore

SAVERA INDUSTRIES 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. 17.9866 crores during the period ended June 30, 2023 as compared to Rs. 16.8846 crores during the period ended March 31, 2023.

The company has posted net profit / (loss) of Rs. 2.6937 crores for the period ended June 30, 2023 as against net profit / (loss) of Rs. 2.6866 crores for the period ended March 31, 2023.

The company has reported EPS of Rs. 2.26 for the period ended June 30, 2023 as compared to Rs. 2.26 for the period ended March 31, 2023.

Financials	Q1 FY2024	Q4 FY2023	% Change
Total Income	₹ 17.9866 crs	₹16.8846 crs	6.53%
Net Profit	₹2.6937 crs	₹2.6866 crs	0.26%
EPS	₹2.26	₹2.26	0.00%

Financial Results (Q1 FY2024) - YoY Comparison

The company has reported total income of Rs. 17.9866 crores during the period ended June 30, 2023 as compared to Rs.14.9011 crores during the period ended June 30, 2022.

The company has posted net profit / (loss) of Rs.2.6937 crores for the period ended June 30, 2023 as against net profit / (loss) of Rs.3.1001 crores for the period ended June 30, 2022.

The company has reported EPS of Rs.2.26 for the period ended June 30, 2023 as compared to Rs.2.60 for the period ended June 30, 2022.

Financials	Q1 FY2024	Q1 FY2023	% Change
Total Income	₹ 17.9866 crs	₹14.9011 crs	20.71%
Net Profit	₹2.6937 crs	₹3.1001 crs	-13.11%
EPS	₹2.26	₹2.60	-13.08%

Shares of SAVERA INDUSTRIES LTD. was last trading in BSE at Rs. 90.57 as compared to the previous close of Rs. 88.00. The total number of shares traded during the day was 21647 in over 52 trades.

The stock hit an intraday high of Rs. 91.35 and intraday low of 86.55. The net turnover during the day was Rs. 1943053.00.

Source : Equity Bulls

Keywords

SaveraIndustries Q1FY24 ResultUpdate