ADC India Communications Ltd Q1FY24 loss at Rs. 8.71 lakhs

ADC India Communications 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. 44.5592 crores during the period ended June 30, 2023 as compared to Rs. 34.7063 crores during the period ended March 31, 2023.

The company has posted net profit / (loss) of Rs. -0.0871 crores for the period ended June 30, 2023 as against net profit / (loss) of Rs. -0.8374 crores for the period ended March 31, 2023.

The company has reported EPS of Rs. -0.19 for the period ended June 30, 2023 as compared to Rs. -1.82 for the period ended March 31, 2023.

Financials	Q1 FY2024	Q4 FY2023	% Change
Total Income	₹ 44.5592 crs	₹34.7063 crs	28.39%
Net Profit	₹-0.0871 crs	₹-0.8374 crs	89.60%
EPS	₹-0.19	₹-1.82	89.56%

Financial Results (Q1 FY2024) - YoY Comparison

The company has reported total income of Rs. 44.5592 crores during the period ended June 30, 2023 as compared to Rs.33.5312 crores during the period ended June 30, 2022.

The company has posted net profit / (loss) of Rs.-0.0871 crores for the period ended June 30, 2023 as against net profit / (loss) of Rs.2.3357 crores for the period ended June 30, 2022.

The company has reported EPS of Rs.-0.19 for the period ended June 30, 2023 as compared to Rs.5.08 for the period ended June 30, 2022.

Financials	Q1 FY2024	Q1 FY2023	% Change
Total Income	₹ 44.5592 crs	₹33.5312 crs	32.89%
Net Profit	₹-0.0871 crs	₹2.3357 crs	-103.73%
EPS	₹-0.19	₹5.08	-103.74%

Shares of ADC India Communications Limited was last trading in BSE at Rs. 779.20 as compared to the previous close of Rs. 800.20. The total number of shares traded during the day was 14629 in over 575 trades.

The stock hit an intraday high of Rs. 859.95 and intraday low of 773.00. The net turnover during the day was Rs. 11782449.00.

Source : Equity Bulls

Keywords

ADCIndiaCommunications Q1FY24 ResultUpdate