Piccadily Sugar and Allied Industries Ltd Q1FY24 loss at Rs. 59.19 lakhs

PICCADILY SUGAR & ALLIED 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. 1.9820 crores during the period ended June 30, 2023 as compared to Rs. 4.4129 crores during the period ended March 31, 2023.

The company has posted net profit / (loss) of Rs. -0.5919 crores for the period ended June 30, 2023 as against net profit / (loss) of Rs. -0.3290 crores for the period ended March 31, 2023.

The company has reported EPS of Rs. -0.25 for the period ended June 30, 2023 as compared to Rs. -0.14 for the period ended March 31, 2023.

Financials	Q1 FY2024	Q4 FY2023	% Change
Total Income	₹ 1.9820 crs	₹4.4129 crs	-55.09%
Net Profit	₹-0.5919 crs	₹-0.3290 crs	79.91%
EPS	₹-0.25	₹-0.14	78.57%

Financial Results (Q1 FY2024) - YoY Comparison

The company has reported total income of Rs. 1.9820 crores during the period ended June 30, 2023 as compared to Rs.7.3887 crores during the period ended June 30, 2022.

The company has posted net profit / (loss) of Rs.-0.5919 crores for the period ended June 30, 2023 as against net profit / (loss) of Rs.0.1076 crores for the period ended June 30, 2022.

The company has reported EPS of Rs.-0.25 for the period ended June 30, 2023 as compared to Rs.0.05 for the period ended June 30, 2022.

Financials	Q1 FY2024	Q1 FY2023	% Change
Total Income	₹ 1.9820 crs	₹7.3887 crs	-73.18%
Net Profit	₹-0.5919 crs	₹0.1076 crs	-650.09%
EPS	₹-0.25	₹0.05	-600.00%

Shares of PICCADILY SUGAR & ALLIED INDUSTRIES LTD. was last trading in BSE at Rs. 18.18 as compared to the previous close of Rs. 18.01. The total number of shares traded during the day was 17604 in over 56 trades.

The stock hit an intraday high of Rs. 18.50 and intraday low of 18.05. The net turnover during the day was Rs. 322224.00.

Source : Equity Bulls

Keywords

PiccadilySugarandAlliedIndustries Q1FY24 ResultUpdate