Resonance Specialties Ltd Q1 FY2024 PAT drops to Rs. 87.48 lakhs

RESONANCE SPECIALTIES 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. 13.6045 crores during the period ended June 30, 2023 as compared to Rs. 18.5558 crores during the period ended March 31, 2023.

The company has posted net profit / (loss) of Rs. 0.8748 crores for the period ended June 30, 2023 as against net profit / (loss) of Rs. 1.2375 crores for the period ended March 31, 2023.

The company has reported EPS of Rs. 0.76 for the period ended June 30, 2023 as compared to Rs. 1.05 for the period ended March 31, 2023.

Financials	Q1 FY2024	Q4 FY2023	% Change
Total Income	₹ 13.6045 crs	₹18.5558 crs	-26.68%
Net Profit	₹0.8748 crs	₹1.2375 crs	-29.31%
EPS	₹0.76	₹1.05	-27.62%

Financial Results (Q1 FY2024) - YoY Comparison

The company has reported total income of Rs. 13.6045 crores during the period ended June 30, 2023 as compared to Rs.16.6652 crores during the period ended June 30, 2022.

The company has posted net profit / (loss) of Rs.0.8748 crores for the period ended June 30, 2023 as against net profit / (loss) of Rs.1.5154 crores for the period ended June 30, 2022.

The company has reported EPS of Rs.0.76 for the period ended June 30, 2023 as compared to Rs.1.29 for the period ended June 30, 2022.

Financials	Q1 FY2024	Q1 FY2023	% Change
Total Income	₹ 13.6045 crs	₹16.6652 crs	-18.37%
Net Profit	₹0.8748 crs	₹1.5154 crs	-42.27%
EPS	₹0.76	₹1.29	-41.09%

Shares of RESONANCE SPECIALTIES LTD. was last trading in BSE at Rs. 91.90 as compared to the previous close of Rs. 95.60. The total number of shares traded during the day was 23974 in over 258 trades.

The stock hit an intraday high of Rs. 98.95 and intraday low of 90.40. The net turnover during the day was Rs. 2221606.00.

Source : Equity Bulls

Keywords

ResonanceSpecialties Q1FY24 ResultUpdate