Nirlon Ltd posts Rs. 49.78 crores PAT in Q1 FY24

NIRLON LTD. 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. 149.0627 crores during the period ended June 30, 2023 as compared to Rs. 148.4776 crores during the period ended March 31, 2023.

The company has posted net profit / (loss) of Rs. 49.7802 crores for the period ended June 30, 2023 as against net profit / (loss) of Rs. 49.7140 crores for the period ended March 31, 2023.

The company has reported EPS of Rs. 5.52 for the period ended June 30, 2023 as compared to Rs. 5.52 for the period ended March 31, 2023.

Financials	Q1 FY2024	Q4 FY2023	% Change
Total Income	₹ 149.0627 crs	₹148.4776 crs	0.39%
Net Profit	₹49.7802 crs	₹49.7140 crs	0.13%
EPS	₹5.52	₹5.52	0.00%

Financial Results (Q1 FY2024) - YoY Comparison

The company has reported total income of Rs. 149.0627 crores during the period ended June 30, 2023 as compared to Rs.138.9766 crores during the period ended June 30, 2022.

The company has posted net profit / (loss) of Rs.49.7802 crores for the period ended June 30, 2023 as against net profit / (loss) of Rs.14.2199 crores for the period ended June 30, 2022.

The company has reported EPS of Rs.5.52 for the period ended June 30, 2023 as compared to Rs.1.58 for the period ended June 30, 2022.

Financials	Q1 FY2024	Q1 FY2023	% Change
Total Income	₹ 149.0627 crs	₹138.9766 crs	7.26%
Net Profit	₹49.7802 crs	₹14.2199 crs	250.07%
EPS	₹5.52	₹1.58	249.37%

Shares of NIRLON LTD. was last trading in BSE at Rs. 418.90 as compared to the previous close of Rs. 422.55. The total number of shares traded during the day was 65432 in over 1229 trades.

The stock hit an intraday high of Rs. 448.00 and intraday low of 415.30. The net turnover during the day was Rs. 28351690.00.

Source : Equity Bulls

Keywords

Nirlon Q1FY24 ResultUpdate