Navkar Corporation's Q1FY24 net profit was at Rs. 3.72 crore

Navkar Corporation 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. 105.9193 crores during the period ended June 30, 2023 as compared to Rs. 106.4053 crores during the period ended March 31, 2023.

The company has posted net profit / (loss) of Rs. 3.7263 crores for the period ended June 30, 2023 as against net profit / (loss) of Rs. 3.3484 crores for the period ended March 31, 2023.

The company has reported EPS of Rs. 0.25 for the period ended June 30, 2023 as compared to Rs. 0.22 for the period ended March 31, 2023.

Financials	Q1 FY2024	Q4 FY2023	% Change
Total Income	₹ 105.9193 crs	₹106.4053 crs	-0.46%
Net Profit	₹3.7263 crs	₹3.3484 crs	11.29%
EPS	₹0.25	₹0.22	13.64%

Financial Results (Q1 FY2024) - YoY Comparison

The company has reported total income of Rs. 105.9193 crores during the period ended June 30, 2023 as compared to Rs.130.6124 crores during the period ended June 30, 2022.

The company has posted net profit / (loss) of Rs.3.7263 crores for the period ended June 30, 2023 as against net profit / (loss) of Rs.23.7345 crores for the period ended June 30, 2022.

The company has reported EPS of Rs.0.25 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	₹ 105.9193 crs	₹130.6124 crs	-18.91%
Net Profit	₹3.7263 crs	₹23.7345 crs	-84.30%
EPS	₹0.25	₹1.58	-84.18%

Shares of Navkar Corporation Limited was last trading in BSE at Rs. 61.22 as compared to the previous close of Rs. 69.39. The total number of shares traded during the day was 251816 in over 2724 trades.

The stock hit an intraday high of Rs. 69.94 and intraday low of 60.00. The net turnover during the day was Rs. 16134479.00.

Source : Equity Bulls

Keywords

NavkarCorporation Q1FY24 ResultUpdate