Adroit Infotech Ltd consolidated Q1FY24 net profit at Rs. 43.43 lakhs

Adroit Infotech 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. 5.9764 crores during the period ended June 30, 2023 as compared to Rs. 4.6215 crores during the period ended March 31, 2023.

The company has posted net profit / (loss) of Rs. 0.4343 crores for the period ended June 30, 2023 as against net profit / (loss) of Rs. -1.8590 crores for the period ended March 31, 2023.

The company has reported EPS of Rs. 0.21 for the period ended June 30, 2023 as compared to Rs. -0.92 for the period ended March 31, 2023.

Financials	Q1 FY2024	Q4 FY2023	% Change
Total Income	₹ 5.9764 crs	₹4.6215 crs	29.32%
Net Profit	₹0.4343 crs	₹-1.8590 crs	123.36%
EPS	₹0.21	₹-0.92	122.83%

Financial Results (Q1 FY2024) - YoY Comparison

The company has reported total income of Rs. 5.9764 crores during the period ended June 30, 2023 as compared to Rs.5.8547 crores during the period ended June 30, 2022.

The company has posted net profit / (loss) of Rs.0.4343 crores for the period ended June 30, 2023 as against net profit / (loss) of Rs.2.1620 crores for the period ended June 30, 2022.

The company has reported EPS of Rs.0.21 for the period ended June 30, 2023 as compared to Rs.1.18 for the period ended June 30, 2022.

Financials	Q1 FY2024	Q1 FY2023	% Change
Total Income	₹ 5.9764 crs	₹5.8547 crs	2.08%
Net Profit	₹0.4343 crs	₹2.1620 crs	-79.91%
EPS	₹0.21	₹1.18	-82.20%

Shares of Adroit Infotech Limited was last trading in BSE at Rs. 18.45 as compared to the previous close of Rs. 18.20. The total number of shares traded during the day was 4069 in over 20 trades.

The stock hit an intraday high of Rs. 18.50 and intraday low of 17.80. The net turnover during the day was Rs. 73818.00.

Source : Equity Bulls

Keywords

AdroitInfotech Q1FY24 ResultUpdate