Gayatri Sugars Ltd Q1FY24 loss at Rs. 10.84 crores

GAYATRI SUGARS 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. 57.8259 crores during the period ended June 30, 2023 as compared to Rs. 227.0329 crores during the period ended March 31, 2023.

The company has posted net profit / (loss) of Rs. -10.8462 crores for the period ended June 30, 2023 as against net profit / (loss) of Rs. 67.2887 crores for the period ended March 31, 2023.

The company has reported EPS of Rs. -2.48 for the period ended June 30, 2023 as compared to Rs. 7.93 for the period ended March 31, 2023.

Financials	Q1 FY2024	Q4 FY2023	% Change
Total Income	₹ 57.8259 crs	₹227.0329 crs	-74.53%
Net Profit	₹-10.8462 crs	₹67.2887 crs	-116.12%
EPS	₹-2.48	₹7.93	-131.27%

Financial Results (Q1 FY2024) - YoY Comparison

The company has reported total income of Rs. 57.8259 crores during the period ended June 30, 2023 as compared to Rs.50.1149 crores during the period ended June 30, 2022.

The company has posted net profit / (loss) of Rs.-10.8462 crores for the period ended June 30, 2023 as against net profit / (loss) of Rs.-14.9488 crores for the period ended June 30, 2022.

The company has reported EPS of Rs.-2.48 for the period ended June 30, 2023 as compared to Rs.-3.42 for the period ended June 30, 2022.

Financials	Q1 FY2024	Q1 FY2023	% Change
Total Income	₹ 57.8259 crs	₹50.1149 crs	15.39%
Net Profit	₹-10.8462 crs	₹-14.9488 crs	27.44%
EPS	₹-2.48	₹-3.42	27.49%

Shares of GAYATRI SUGARS LTD. was last trading in BSE at Rs. 11.26 as compared to the previous close of Rs. 11.04. The total number of shares traded during the day was 71096 in over 34 trades.

The stock hit an intraday high of Rs. 11.26 and intraday low of 11.26. The net turnover during the day was Rs. 800540.00.

Source : Equity Bulls

Keywords

GayatriSugars Q1FY24 ResultUpdate