ideaForge Technology Ltd Q1FY24 consolidated PAT at Rs. 18.86 crores

Ideaforge Technology 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. 100.611 crores during the period ended June 30, 2023 as compared to Rs. 42.868 crores during the period ended March 31, 2023.

The company has posted net profit / (loss) of Rs. 18.862 crores for the period ended June 30, 2023 as against net profit / (loss) of Rs. -5.422 crores for the period ended March 31, 2023.

The company has reported EPS of Rs. 4.69 for the period ended June 30, 2023 as compared to Rs. -1.45 for the period ended March 31, 2023.

Financials	Q1 FY2024	Q4 FY2023	% Change
Total Income	₹ 100.611 crs	₹42.868 crs	134.70%
Net Profit	₹18.862 crs	₹-5.422 crs	447.88%
EPS	₹4.69	₹-1.45	423.45%

Financial Results (Q1 FY2024) - YoY Comparison

The company has reported total income of Rs. 100.611 crores during the period ended June 30, 2023 as compared to Rs.100.341 crores during the period ended June 30, 2022.

The company has posted net profit / (loss) of Rs.18.862 crores for the period ended June 30, 2023 as against net profit / (loss) of Rs.41.246 crores for the period ended June 30, 2022.

The company has reported EPS of Rs.4.69 for the period ended June 30, 2023 as compared to Rs.11.34 for the period ended June 30, 2022.

Financials	Q1 FY2024	Q1 FY2023	% Change
Total Income	₹ 100.611 crs	₹100.341 crs	0.27%
Net Profit	₹18.862 crs	₹41.246 crs	-54.27%
EPS	₹4.69	₹11.34	-58.64%

Shares of Ideaforge Technology Limited was last trading in BSE at Rs. 1077.40 as compared to the previous close of Rs. 1094.85. The total number of shares traded during the day was 13187 in over 1473 trades.

The stock hit an intraday high of Rs. 1125.00 and intraday low of 1068.00. The net turnover during the day was Rs. 14480972.00.

Source : Equity Bulls

Keywords

ideaForgeTechnology Q1FY24 ResultUpdate