S and S Power Switchgears Ltd Q1 FY24 consolidated loss at Rs. 82.10 lakhs

S&S Power Switchgears 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. 36.2802 crores during the period ended June 30, 2023 as compared to Rs. 47.9799 crores during the period ended March 31, 2023.

The company has posted net profit / (loss) of Rs. -0.8210 crores for the period ended June 30, 2023 as against net profit / (loss) of Rs. 0.6319 crores for the period ended March 31, 2023.

The company has reported EPS of Rs. -0.69 for the period ended June 30, 2023 as compared to Rs. 1.54 for the period ended March 31, 2023.

Financials	Q1 FY2024	Q4 FY2023	% Change
Total Income	₹ 36.2802 crs	₹47.9799 crs	-24.38%
Net Profit	₹-0.8210 crs	₹0.6319 crs	-229.93%
EPS	₹-0.69	₹1.54	-144.81%

Financial Results (Q1 FY2024) - YoY Comparison

The company has reported total income of Rs. 36.2802 crores during the period ended June 30, 2023 as compared to Rs.28.6671 crores during the period ended June 30, 2022.

The company has posted net profit / (loss) of Rs.-0.8210 crores for the period ended June 30, 2023 as against net profit / (loss) of Rs.-5.2386 crores for the period ended June 30, 2022.

The company has reported EPS of Rs.-0.69 for the period ended June 30, 2023 as compared to Rs.-9.30 for the period ended June 30, 2022.

Financials	Q1 FY2024	Q1 FY2023	% Change
Total Income	₹ 36.2802 crs	₹28.6671 crs	26.56%
Net Profit	₹-0.8210 crs	₹-5.2386 crs	84.33%
EPS	₹-0.69	₹-9.30	92.58%

Shares of S&S Power Switchgears Limited was last trading in BSE at Rs. 66.97 as compared to the previous close of Rs. 65.66. The total number of shares traded during the day was 4511 in over 15 trades.

The stock hit an intraday high of Rs. 66.97 and intraday low of 64.35. The net turnover during the day was Rs. 300760.00.

Source : Equity Bulls

Keywords

SandSPowerSwitchgears Q1FY24 ResultUpdate