AMD Industries Ltd Q1 FY2024 net profit falls to Rs. 79.23 lakhs

AMD Industries 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. 101.7904 crores during the period ended June 30, 2023 as compared to Rs. 113.9713 crores during the period ended March 31, 2023.

The company has posted net profit / (loss) of Rs. 0.7923 crores for the period ended June 30, 2023 as against net profit / (loss) of Rs. 8.0137 crores for the period ended March 31, 2023.

The company has reported EPS of Rs. 0.41 for the period ended June 30, 2023 as compared to Rs. 4.18 for the period ended March 31, 2023.

Financials	Q1 FY2024	Q4 FY2023	% Change
Total Income	₹ 101.7904 crs	₹113.9713 crs	-10.69%
Net Profit	₹0.7923 crs	₹8.0137 crs	-90.11%
EPS	₹0.41	₹4.18	-90.19%

Financial Results (Q1 FY2024) - YoY Comparison

The company has reported total income of Rs. 101.7904 crores during the period ended June 30, 2023 as compared to Rs.128.5731 crores during the period ended June 30, 2022.

The company has posted net profit / (loss) of Rs.0.7923 crores for the period ended June 30, 2023 as against net profit / (loss) of Rs.10.3413 crores for the period ended June 30, 2022.

The company has reported EPS of Rs.0.41 for the period ended June 30, 2023 as compared to Rs.5.40 for the period ended June 30, 2022.

Financials	Q1 FY2024	Q1 FY2023	% Change
Total Income	₹ 101.7904 crs	₹128.5731 crs	-20.83%
Net Profit	₹0.7923 crs	₹10.3413 crs	-92.34%
EPS	₹0.41	₹5.40	-92.41%

Shares of AMD Industries Limited was last trading in BSE at Rs. 70.34 as compared to the previous close of Rs. 70.00. The total number of shares traded during the day was 3469 in over 62 trades.

The stock hit an intraday high of Rs. 71.80 and intraday low of 70.00. The net turnover during the day was Rs. 245642.00.

Source : Equity Bulls

Keywords

AMDIndustries Q1FY24 ResultUpdate