Ashok Alco-Chem Ltd consolidated Q1 FY2024 loss at Rs. 3.32 lakhs

ASHOK ALCO-CHEM 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. 8.1333 crores during the period ended June 30, 2023 as compared to Rs. 10.0870 crores during the period ended March 31, 2023.

The company has posted net profit / (loss) of Rs. -0.0332 crores for the period ended June 30, 2023 as against net profit / (loss) of Rs. 1.2432 crores for the period ended March 31, 2023.

The company has reported EPS of Rs. -0.07 for the period ended June 30, 2023 as compared to Rs. 2.70 for the period ended March 31, 2023.

Financials	Q1 FY2024	Q4 FY2023	% Change
Total Income	₹ 8.1333 crs	₹10.0870 crs	-19.37%
Net Profit	₹-0.0332 crs	₹1.2432 crs	-102.67%
EPS	₹-0.07	₹2.70	-102.59%

Financial Results (Q1 FY2024) - YoY Comparison

The company has reported total income of Rs. 8.1333 crores during the period ended June 30, 2023 as compared to Rs.4.8640 crores during the period ended June 30, 2022.

The company has posted net profit / (loss) of Rs.-0.0332 crores for the period ended June 30, 2023 as against net profit / (loss) of Rs.0.6181 crores for the period ended June 30, 2022.

The company has reported EPS of Rs.-0.07 for the period ended June 30, 2023 as compared to Rs.1.34 for the period ended June 30, 2022.

Financials	Q1 FY2024	Q1 FY2023	% Change
Total Income	₹ 8.1333 crs	₹4.8640 crs	67.21%
Net Profit	₹-0.0332 crs	₹0.6181 crs	-105.37%
EPS	₹-0.07	₹1.34	-105.22%

Shares of ASHOK ALCO-CHEM LTD. was last trading in BSE at Rs. 116.45 as compared to the previous close of Rs. 114.05. The total number of shares traded during the day was 5054 in over 104 trades.

The stock hit an intraday high of Rs. 120.00 and intraday low of 111.05. The net turnover during the day was Rs. 590220.00.

Source : Equity Bulls

Keywords

AshokAlcoChem Q1FY24 ResultUpdate