NK Industries Ltd consolidated Q1FY24 loss at Rs. 67.73 lakhs

NK 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. 4.8737 crores during the period ended June 30, 2023 as compared to Rs. 8.6271 crores during the period ended March 31, 2023.

The company has posted net profit / (loss) of Rs. -0.6773 crores for the period ended June 30, 2023 as against net profit / (loss) of Rs. 0.3821 crores for the period ended March 31, 2023.

The company has reported EPS of Rs. -1.13 for the period ended June 30, 2023 as compared to Rs. 0.64 for the period ended March 31, 2023.

Financials	Q1 FY2024	Q4 FY2023	% Change
Total Income	₹ 4.8737 crs	₹8.6271 crs	-43.51%
Net Profit	₹-0.6773 crs	₹0.3821 crs	-277.26%
EPS	₹-1.13	₹0.64	-276.56%

Financial Results (Q1 FY2024) - YoY Comparison

The company has reported total income of Rs. 4.8737 crores during the period ended June 30, 2023 as compared to Rs.4.0642 crores during the period ended June 30, 2022.

The company has posted net profit / (loss) of Rs.-0.6773 crores for the period ended June 30, 2023 as against net profit / (loss) of Rs.-0.8498 crores for the period ended June 30, 2022.

The company has reported EPS of Rs.-1.13 for the period ended June 30, 2023 as compared to Rs.-1.39 for the period ended June 30, 2022.

Financials	Q1 FY2024	Q1 FY2023	% Change
Total Income	₹ 4.8737 crs	₹4.0642 crs	19.92%
Net Profit	₹-0.6773 crs	₹-0.8498 crs	20.30%
EPS	₹-1.13	₹-1.39	18.71%

Shares of NK Industries Limited was last trading in BSE at Rs. 40.14 as compared to the previous close of Rs. 41.01. The total number of shares traded during the day was 29 in over 7 trades.

The stock hit an intraday high of Rs. 41.00 and intraday low of 40.00. The net turnover during the day was Rs. 1172.00.

Source : Equity Bulls

Keywords

NKIndustries Q1FY24 ResultUpdate