Patel Integrated Logistics Ltd Q1FY24 net profit down to Rs. 1.03 crore

Patel Integrated Logistics Limited 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. 61.4160 crores during the period ended June 30, 2023 as compared to Rs. 65.0870 crores during the period ended March 31, 2023.

The company has posted net profit / (loss) of Rs. 1.0360 crores for the period ended June 30, 2023 as against net profit / (loss) of Rs. 1.3715 crores for the period ended March 31, 2023.

The company has reported EPS of Rs. 0.16 for the period ended June 30, 2023 as compared to Rs. 0.21 for the period ended March 31, 2023.

Financials	Q1 FY2024	Q4 FY2023	% Change
Total Income	₹ 61.4160 crs	₹65.0870 crs	-5.64%
Net Profit	₹1.0360 crs	₹1.3715 crs	-24.46%
EPS	₹0.16	₹0.21	-23.81%

Financial Results (Q1 FY2024) - YoY Comparison

The company has reported total income of Rs. 61.4160 crores during the period ended June 30, 2023 as compared to Rs.71.7567 crores during the period ended June 30, 2022.

The company has posted net profit / (loss) of Rs.1.0360 crores for the period ended June 30, 2023 as against net profit / (loss) of Rs.1.1135 crores for the period ended June 30, 2022.

The company has reported EPS of Rs.0.16 for the period ended June 30, 2023 as compared to Rs.0.17 for the period ended June 30, 2022.

Financials	Q1 FY2024	Q1 FY2023	% Change
Total Income	₹ 61.4160 crs	₹71.7567 crs	-14.41%
Net Profit	₹1.0360 crs	₹1.1135 crs	-6.96%
EPS	₹0.16	₹0.17	-5.88%

Shares of Patel Integrated Logistics Limited was last trading in BSE at Rs. 17.09 as compared to the previous close of Rs. 17.60. The total number of shares traded during the day was 366116 in over 1176 trades.

The stock hit an intraday high of Rs. 17.94 and intraday low of 16.35. The net turnover during the day was Rs. 6256104.00.

Source : Equity Bulls

Keywords

PatelIntegratedLogistics Q1FY24 ResultUpdate