Asian Tea and Exports Ltd consolidated Q1FY24 net profit at Rs. 53.62 lakhs

ASIAN TEA & EXPORTS LTD. 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. 6.3041 crores during the period ended June 30, 2023 as compared to Rs. 12.0151 crores during the period ended March 31, 2023.

The company has posted net profit / (loss) of Rs. 0.5362 crores for the period ended June 30, 2023 as against net profit / (loss) of Rs. -0.5440 crores for the period ended March 31, 2023.

The company has reported EPS of Rs. 0.27 for the period ended June 30, 2023 as compared to Rs. -0.27 for the period ended March 31, 2023.

Financials	Q1 FY2024	Q4 FY2023	% Change
Total Income	₹ 6.3041 crs	₹12.0151 crs	-47.53%
Net Profit	₹0.5362 crs	₹-0.5440 crs	198.57%
EPS	₹0.27	₹-0.27	200.00%

Financial Results (Q1 FY2024) - YoY Comparison

The company has reported total income of Rs. 6.3041 crores during the period ended June 30, 2023 as compared to Rs.8.2819 crores during the period ended June 30, 2022.

The company has posted net profit / (loss) of Rs.0.5362 crores for the period ended June 30, 2023 as against net profit / (loss) of Rs.0.7424 crores for the period ended June 30, 2022.

The company has reported EPS of Rs.0.27 for the period ended June 30, 2023 as compared to Rs.0.37 for the period ended June 30, 2022.

Financials	Q1 FY2024	Q1 FY2023	% Change
Total Income	₹ 6.3041 crs	₹8.2819 crs	-23.88%
Net Profit	₹0.5362 crs	₹0.7424 crs	-27.77%
EPS	₹0.27	₹0.37	-27.03%

Shares of ASIAN TEA & EXPORTS LTD. was last trading in BSE at Rs. 12.00 as compared to the previous close of Rs. 11.97. The total number of shares traded during the day was 14385 in over 92 trades.

The stock hit an intraday high of Rs. 12.16 and intraday low of 11.92. The net turnover during the day was Rs. 173208.00.

Source : Equity Bulls

Keywords

AsianTeaandExports Q1FY24 ResultUpdate