Gandhi Special Tubes Ltd Q1 FY2024 PAT climbs to Rs. 15.76 crores

Gandhi Special Tubes 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. 50.2628 crores during the period ended June 30, 2023 as compared to Rs. 36.2875 crores during the period ended March 31, 2023.

The company has posted net profit / (loss) of Rs. 15.7687 crores for the period ended June 30, 2023 as against net profit / (loss) of Rs. 10.4554 crores for the period ended March 31, 2023.

The company has reported EPS of Rs. 12.98 for the period ended June 30, 2023 as compared to Rs. 8.60 for the period ended March 31, 2023.

Financials	Q1 FY2024	Q4 FY2023	% Change
Total Income	₹ 50.2628 crs	₹36.2875 crs	38.51%
Net Profit	₹15.7687 crs	₹10.4554 crs	50.82%
EPS	₹12.98	₹8.60	50.93%

Financial Results (Q1 FY2024) - YoY Comparison

The company has reported total income of Rs. 50.2628 crores during the period ended June 30, 2023 as compared to Rs.44.0959 crores during the period ended June 30, 2022.

The company has posted net profit / (loss) of Rs.15.7687 crores for the period ended June 30, 2023 as against net profit / (loss) of Rs.11.9610 crores for the period ended June 30, 2022.

The company has reported EPS of Rs.12.98 for the period ended June 30, 2023 as compared to Rs.9.84 for the period ended June 30, 2022.

Financials	Q1 FY2024	Q1 FY2023	% Change
Total Income	₹ 50.2628 crs	₹44.0959 crs	13.99%
Net Profit	₹15.7687 crs	₹11.9610 crs	31.83%
EPS	₹12.98	₹9.84	31.91%

Shares of Gandhi Special Tubes Limited was last trading in BSE at Rs. 624.70 as compared to the previous close of Rs. 622.95. The total number of shares traded during the day was 573 in over 179 trades.

The stock hit an intraday high of Rs. 636.55 and intraday low of 621.00. The net turnover during the day was Rs. 361831.00.

Source : Equity Bulls

Keywords

GandhiSpecialTubes Q1FY24 ResultUpdate