Axita Cotton Ltd Q1 FY2024 PAT up at Rs. 5.74 crore

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. 228.8868 crores during the period ended June 30, 2023 as compared to Rs. 128.6625 crores during the period ended March 31, 2023.

The company has posted net profit / (loss) of Rs. 5.7467 crores for the period ended June 30, 2023 as against net profit / (loss) of Rs. 5.5958 crores for the period ended March 31, 2023.

The company has reported EPS of Rs. 0.29 for the period ended June 30, 2023 as compared to Rs. 0.28 for the period ended March 31, 2023.

Financials	Q1 FY2024	Q4 FY2023	% Change
Total Income	₹ 228.8868 crs	₹128.6625 crs	77.90%
Net Profit	₹5.7467 crs	₹5.5958 crs	2.70%
EPS	₹0.29	₹0.28	3.57%

Financial Results (Q1 FY2024) - YoY Comparison

The company has reported total income of Rs. 228.8868 crores during the period ended June 30, 2023 as compared to Rs.205.6205 crores during the period ended June 30, 2022.

The company has posted net profit / (loss) of Rs.5.7467 crores for the period ended June 30, 2023 as against net profit / (loss) of Rs.4.4527 crores for the period ended June 30, 2022.

The company has reported EPS of Rs.0.29 for the period ended June 30, 2023 as compared to Rs.0.23 for the period ended June 30, 2022.

Financials	Q1 FY2024	Q1 FY2023	% Change
Total Income	₹ 228.8868 crs	₹205.6205 crs	11.32%
Net Profit	₹5.7467 crs	₹4.4527 crs	29.06%
EPS	₹0.29	₹0.23	26.09%

Source : Equity Bulls

Keywords

AxitaCotton Q1FY24 ResultUpdate