Lloyds Engineering Works Ltd Q1 FY2024 net profit at Rs. 12.83 crores

Lloyds Steels Industries 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. 115.0637 crores during the period ended June 30, 2023 as compared to Rs. 175.1004 crores during the period ended March 31, 2023.

The company has posted net profit / (loss) of Rs. 12.8390 crores for the period ended June 30, 2023 as against net profit / (loss) of Rs. 6.4185 crores for the period ended March 31, 2023.

The company has reported EPS of Rs. 0.12 for the period ended June 30, 2023 as compared to Rs. 0.22 for the period ended March 31, 2023.

Financials	Q1 FY2024	Q4 FY2023	% Change
Total Income	₹ 115.0637 crs	₹175.1004 crs	-34.29%
Net Profit	₹12.8390 crs	₹6.4185 crs	100.03%
EPS	₹0.12	₹0.22	-45.45%

Financial Results (Q1 FY2024) - YoY Comparison

The company has reported total income of Rs. 115.0637 crores during the period ended June 30, 2023 as compared to Rs.52.1628 crores during the period ended June 30, 2022.

The company has posted net profit / (loss) of Rs.12.8390 crores for the period ended June 30, 2023 as against net profit / (loss) of Rs.10.0768 crores for the period ended June 30, 2022.

The company has reported EPS of Rs.0.12 for the period ended June 30, 2023 as compared to Rs.0.10 for the period ended June 30, 2022.

Financials	Q1 FY2024	Q1 FY2023	% Change
Total Income	₹ 115.0637 crs	₹52.1628 crs	120.59%
Net Profit	₹12.8390 crs	₹10.0768 crs	27.41%
EPS	₹0.12	₹0.10	20.00%

Shares of Lloyds Steels Industries Limited was last trading in BSE at Rs. 50.45 as compared to the previous close of Rs. 55.62. The total number of shares traded during the day was 5896722 in over 22902 trades.

The stock hit an intraday high of Rs. 59.81 and intraday low of 50.06. The net turnover during the day was Rs. 327659000.00.

Source : Equity Bulls

Keywords

LloydsEngineeringWorks Q1FY24 ResultUpdate