Smruthi Organics Ltd Q1 FY2024 PAT higher at Rs. 2.29 crore

Smruthi Organics 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. 34.9228 crores during the period ended June 30, 2023 as compared to Rs. 36.8292 crores during the period ended March 31, 2023.

The company has posted net profit / (loss) of Rs. 2.2934 crores for the period ended June 30, 2023 as against net profit / (loss) of Rs. 0.6905 crores for the period ended March 31, 2023.

The company has reported EPS of Rs. 2 for the period ended June 30, 2023 as compared to Rs. 1.07 for the period ended March 31, 2023.

Financials	Q1 FY2024	Q4 FY2023	% Change
Total Income	₹ 34.9228 crs	₹36.8292 crs	-5.18%
Net Profit	₹2.2934 crs	₹0.6905 crs	232.14%
EPS	₹2	₹1.07	86.92%

Financial Results (Q1 FY2024) - YoY Comparison

The company has reported total income of Rs. 34.9228 crores during the period ended June 30, 2023 as compared to Rs.29.1038 crores during the period ended June 30, 2022.

The company has posted net profit / (loss) of Rs.2.2934 crores for the period ended June 30, 2023 as against net profit / (loss) of Rs.0.3025 crores for the period ended June 30, 2022.

The company has reported EPS of Rs.2 for the period ended June 30, 2023 as compared to Rs.0.26 for the period ended June 30, 2022.

Financials	Q1 FY2024	Q1 FY2023	% Change
Total Income	₹ 34.9228 crs	₹29.1038 crs	19.99%
Net Profit	₹2.2934 crs	₹0.3025 crs	658.15%
EPS	₹2	₹0.26	669.23%

Shares of Smruthi Organics Ltd was last trading in BSE at Rs. 136.20 as compared to the previous close of Rs. 136.95. The total number of shares traded during the day was 12896 in over 147 trades.

The stock hit an intraday high of Rs. 143.00 and intraday low of 133.30. The net turnover during the day was Rs. 1767687.00.

Source : Equity Bulls

Keywords

SmruthiOrganics Q1FY24 ResultUpdate