Rapicut Carbides Ltd Q1 FY2024 loss at Rs. 40.41 lakhs

RAPICUT CARBIDES 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. 12.3407 crores during the period ended June 30, 2023 as compared to Rs. 15.7058 crores during the period ended March 31, 2023.

The company has posted net profit / (loss) of Rs. -0.4041 crores for the period ended June 30, 2023 as against net profit / (loss) of Rs. -0.3365 crores for the period ended March 31, 2023.

The company has reported EPS of Rs. -0.75 for the period ended June 30, 2023 as compared to Rs. -0.63 for the period ended March 31, 2023.

Financials	Q1 FY2024	Q4 FY2023	% Change
Total Income	₹ 12.3407 crs	₹15.7058 crs	-21.43%
Net Profit	₹-0.4041 crs	₹-0.3365 crs	20.09%
EPS	₹-0.75	₹-0.63	19.05%

Financial Results (Q1 FY2024) - YoY Comparison

The company has reported total income of Rs. 12.3407 crores during the period ended June 30, 2023 as compared to Rs.8.0709 crores during the period ended June 30, 2022.

The company has posted net profit / (loss) of Rs.-0.4041 crores for the period ended June 30, 2023 as against net profit / (loss) of Rs.0.2762 crores for the period ended June 30, 2022.

The company has reported EPS of Rs.-0.75 for the period ended June 30, 2023 as compared to Rs.0.51 for the period ended June 30, 2022.

Financials	Q1 FY2024	Q1 FY2023	% Change
Total Income	₹ 12.3407 crs	₹8.0709 crs	52.90%
Net Profit	₹-0.4041 crs	₹0.2762 crs	-246.31%
EPS	₹-0.75	₹0.51	-247.06%

Shares of RAPICUT CARBIDES LTD. was last trading in BSE at Rs. 68.40 as compared to the previous close of Rs. 65.16. The total number of shares traded during the day was 5859 in over 70 trades.

The stock hit an intraday high of Rs. 68.41 and intraday low of 64.00. The net turnover during the day was Rs. 396501.00.

Source : Equity Bulls

Keywords

RapicutCarbides Q1FY24 ResultUpdate