Stylam Industries Ltd Q1 FY2023-24 consolidated net profit climbs to Rs. 27.78 crores

Stylam Industries Limited 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. 226.2074 crores during the period ended June 30, 2023 as compared to Rs. 237.5245 crores during the period ended March 31, 2023.

The company has posted net profit / (loss) of Rs. 27.7803 crores for the period ended June 30, 2023 as against net profit / (loss) of Rs. 26.7901 crores for the period ended March 31, 2023.

The company has reported EPS of Rs. 16.39 for the period ended June 30, 2023 as compared to Rs. 15.81 for the period ended March 31, 2023.

Financials	Q1 FY2024	Q4 FY2023	% Change
Total Income	₹ 226.2074 crs	₹237.5245 crs	-4.76%
Net Profit	₹27.7803 crs	₹26.7901 crs	3.70%
EPS	₹16.39	₹15.81	3.67%

Financial Results (Q1 FY2024) - YoY Comparison

The company has reported total income of Rs. 226.2074 crores during the period ended June 30, 2023 as compared to Rs.235.2443 crores during the period ended June 30, 2022.

The company has posted net profit / (loss) of Rs.27.7803 crores for the period ended June 30, 2023 as against net profit / (loss) of Rs.20.9485 crores for the period ended June 30, 2022.

The company has reported EPS of Rs.16.39 for the period ended June 30, 2023 as compared to Rs.12.38 for the period ended June 30, 2022.

Financials	Q1 FY2024	Q1 FY2023	% Change
Total Income	₹ 226.2074 crs	₹235.2443 crs	-3.84%
Net Profit	₹27.7803 crs	₹20.9485 crs	32.61%
EPS	₹16.39	₹12.38	32.39%

Shares of Stylam Industries Limited was last trading in BSE at Rs. 1588.35 as compared to the previous close of Rs. 1685.50. The total number of shares traded during the day was 12247 in over 2334 trades.

The stock hit an intraday high of Rs. 1730.00 and intraday low of 1560.00. The net turnover during the day was Rs. 19801499.00.

Source : Equity Bulls

Keywords

StylamIndustries Q1FY24 ResultUpdate