Ovobel Foods Ltd Q1 FY2024 PAT down QoQ at Rs. 10.58 crores

OVOBEL FOODS LTD. 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. 49.0793 crores during the period ended June 30, 2023 as compared to Rs. 58.1751 crores during the period ended March 31, 2023.

The company has posted net profit / (loss) of Rs. 10.5809 crores for the period ended June 30, 2023 as against net profit / (loss) of Rs. 14.6716 crores for the period ended March 31, 2023.

The company has reported EPS of Rs. 11.14 for the period ended June 30, 2023 as compared to Rs. 15.44 for the period ended March 31, 2023.

Financials	Q1 FY2024	Q4 FY2023	% Change
Total Income	₹ 49.0793 crs	₹58.1751 crs	-15.64%
Net Profit	₹10.5809 crs	₹14.6716 crs	-27.88%
EPS	₹11.14	₹15.44	-27.85%

Financial Results (Q1 FY2024) - YoY Comparison

The company has reported total income of Rs. 49.0793 crores during the period ended June 30, 2023 as compared to Rs.48.6335 crores during the period ended June 30, 2022.

The company has posted net profit / (loss) of Rs.10.5809 crores for the period ended June 30, 2023 as against net profit / (loss) of Rs.3.5261 crores for the period ended June 30, 2022.

The company has reported EPS of Rs.11.14 for the period ended June 30, 2023 as compared to Rs.3.71 for the period ended June 30, 2022.

Financials	Q1 FY2024	Q1 FY2023	% Change
Total Income	₹ 49.0793 crs	₹48.6335 crs	0.92%
Net Profit	₹10.5809 crs	₹3.5261 crs	200.07%
EPS	₹11.14	₹3.71	200.27%

Shares of OVOBEL FOODS LTD. was last trading in BSE at Rs. 364.00 as compared to the previous close of Rs. 357.70. The total number of shares traded during the day was 44453 in over 205 trades.

The stock hit an intraday high of Rs. 364.00 and intraday low of 350.55. The net turnover during the day was Rs. 15652124.00.

Source : Equity Bulls

Keywords

OvobelFoods Q1FY24 ResultUpdate