GP Petroleums Ltd posts net profit of Rs. 4.61 crore in Q1FY24

GP Petroleums Limited 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. 177.6534 crores during the period ended June 30, 2023 as compared to Rs. 182.0060 crores during the period ended March 31, 2023.

The company has posted net profit / (loss) of Rs. 4.6177 crores for the period ended June 30, 2023 as against net profit / (loss) of Rs. 3.9607 crores for the period ended March 31, 2023.

The company has reported EPS of Rs. 0.91 for the period ended June 30, 2023 as compared to Rs. 0.78 for the period ended March 31, 2023.

Financials	Q1 FY2024	Q4 FY2023	% Change
Total Income	₹ 177.6534 crs	₹182.0060 crs	-2.39%
Net Profit	₹4.6177 crs	₹3.9607 crs	16.59%
EPS	₹0.91	₹0.78	16.67%

Financial Results (Q1 FY2024) - YoY Comparison

The company has reported total income of Rs. 177.6534 crores during the period ended June 30, 2023 as compared to Rs.220.1433 crores during the period ended June 30, 2022.

The company has posted net profit / (loss) of Rs.4.6177 crores for the period ended June 30, 2023 as against net profit / (loss) of Rs.11.4280 crores for the period ended June 30, 2022.

The company has reported EPS of Rs.0.91 for the period ended June 30, 2023 as compared to Rs.2.24 for the period ended June 30, 2022.

Financials	Q1 FY2024	Q1 FY2023	% Change
Total Income	₹ 177.6534 crs	₹220.1433 crs	-19.30%
Net Profit	₹4.6177 crs	₹11.4280 crs	-59.59%
EPS	₹0.91	₹2.24	-59.38%

Shares of GP Petroleums Limited was last trading in BSE at Rs. 41.96 as compared to the previous close of Rs. 40.79. The total number of shares traded during the day was 69604 in over 290 trades.

The stock hit an intraday high of Rs. 42.50 and intraday low of 41.00. The net turnover during the day was Rs. 2921718.00.

Source : Equity Bulls

Keywords

GPPetroleums Q1FY24 ResultUpdate