HLE Glascoat's Q1 FY2024 consolidated net profit falls to Rs. 9.28 crores

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. 197.8695 crores during the period ended June 30, 2023 as compared to Rs. 301.2836 crores during the period ended March 31, 2023.

The company has posted net profit / (loss) of Rs. 9.2899 crores for the period ended June 30, 2023 as against net profit / (loss) of Rs. 22.7876 crores for the period ended March 31, 2023.

The company has reported EPS of Rs. 1.36 for the period ended June 30, 2023 as compared to Rs. 3.34 for the period ended March 31, 2023.

Financials	Q1 FY2024	Q4 FY2023	% Change
Total Income	₹ 197.8695 crs	₹301.2836 crs	-34.32%
Net Profit	₹9.2899 crs	₹22.7876 crs	-59.23%
EPS	₹1.36	₹3.34	-59.28%

Financial Results (Q1 FY2024) - YoY Comparison

The company has reported total income of Rs. 197.8695 crores during the period ended June 30, 2023 as compared to Rs.207.9243 crores during the period ended June 30, 2022.

The company has posted net profit / (loss) of Rs.9.2899 crores for the period ended June 30, 2023 as against net profit / (loss) of Rs.15.3841 crores for the period ended June 30, 2022.

The company has reported EPS of Rs.1.36 for the period ended June 30, 2023 as compared to Rs.2.34 for the period ended June 30, 2022.

Financials	Q1 FY2024	Q1 FY2023	% Change
Total Income	₹ 197.8695 crs	₹207.9243 crs	-4.84%
Net Profit	₹9.2899 crs	₹15.3841 crs	-39.61%
EPS	₹1.36	₹2.34	-41.88%

Source : Equity Bulls

Keywords

HLEGlascoat Q1FY24 ResultUpdate