Indowind Energy Ltd Q1 FY2023-24 consolidated profit at Rs. 1.75 crore

Indowind Energy 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. 7.6702 crores during the period ended June 30, 2023 as compared to Rs. 4.7507 crores during the period ended March 31, 2023.

The company has posted net profit / (loss) of Rs. 1.7526 crores for the period ended June 30, 2023 as against net profit / (loss) of Rs. -24.9339 crores for the period ended March 31, 2023.

The company has reported EPS of Rs. 0.16 for the period ended June 30, 2023 as compared to Rs. -2.77 for the period ended March 31, 2023.

Financials	Q1 FY2024	Q4 FY2023	% Change
Total Income	₹ 7.6702 crs	₹4.7507 crs	61.45%
Net Profit	₹1.7526 crs	₹-24.9339 crs	107.03%
EPS	₹0.16	₹-2.77	105.78%

Financial Results (Q1 FY2024) - YoY Comparison

The company has reported total income of Rs. 7.6702 crores during the period ended June 30, 2023 as compared to Rs.7.8341 crores during the period ended June 30, 2022.

The company has posted net profit / (loss) of Rs.1.7526 crores for the period ended June 30, 2023 as against net profit / (loss) of Rs.1.6974 crores for the period ended June 30, 2022.

The company has reported EPS of Rs.0.16 for the period ended June 30, 2023 as compared to Rs.0.18 for the period ended June 30, 2022.

Financials	Q1 FY2024	Q1 FY2023	% Change
Total Income	₹ 7.6702 crs	₹7.8341 crs	-2.09%
Net Profit	₹1.7526 crs	₹1.6974 crs	3.25%
EPS	₹0.16	₹0.18	-11.11%

Shares of Indowind Energy Limited was last trading in BSE at Rs. 14.30 as compared to the previous close of Rs. 13.62. The total number of shares traded during the day was 154262 in over 149 trades.

The stock hit an intraday high of Rs. 14.30 and intraday low of 13.62. The net turnover during the day was Rs. 2195134.00.

Source : Equity Bulls

Keywords

IndowindEnergy Q1FY24 ResultUpdate