Star Cement reports consolidated PAT of Rs. 93.25 crores in Q1 FY2024

Star Cement 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. 769.2027 crores during the period ended June 30, 2023 as compared to Rs. 842.7126 crores during the period ended March 31, 2023.

The company has posted net profit / (loss) of Rs. 93.2554 crores for the period ended June 30, 2023 as against net profit / (loss) of Rs. 96.1174 crores for the period ended March 31, 2023.

The company has reported EPS of Rs. 2.31 for the period ended June 30, 2023 as compared to Rs. 2.38 for the period ended March 31, 2023.

Financials	Q1 FY2024	Q4 FY2023	% Change
Total Income	₹ 769.2027 crs	₹842.7126 crs	-8.72%
Net Profit	₹93.2554 crs	₹96.1174 crs	-2.98%
EPS	₹2.31	₹2.38	-2.94%

Financial Results (Q1 FY2024) - YoY Comparison

The company has reported total income of Rs. 769.2027 crores during the period ended June 30, 2023 as compared to Rs.679.2684 crores during the period ended June 30, 2022.

The company has posted net profit / (loss) of Rs.93.2554 crores for the period ended June 30, 2023 as against net profit / (loss) of Rs.67.5553 crores for the period ended June 30, 2022.

The company has reported EPS of Rs.2.31 for the period ended June 30, 2023 as compared to Rs.1.67 for the period ended June 30, 2022.

Financials	Q1 FY2024	Q1 FY2023	% Change
Total Income	₹ 769.2027 crs	₹679.2684 crs	13.24%
Net Profit	₹93.2554 crs	₹67.5553 crs	38.04%
EPS	₹2.31	₹1.67	38.32%

Shares of Star Cement Limited was last trading in BSE at Rs. 163.50 as compared to the previous close of Rs. 167.25. The total number of shares traded during the day was 73399 in over 2124 trades.

The stock hit an intraday high of Rs. 167.15 and intraday low of 160.55. The net turnover during the day was Rs. 11989461.00.

Source : Equity Bulls

Keywords

StarCement Q1FY24 ResultUpdate