Anand Rayons Ltd Q1FY24 net profit at Rs. 92.36 lakhs

Anand Rayons Ltd 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. 74.5397 crores during the period ended June 30, 2023 as compared to Rs. 87.8579 crores during the period ended March 31, 2023.

The company has posted net profit / (loss) of Rs. 0.9236 crores for the period ended June 30, 2023 as against net profit / (loss) of Rs. 1.1073 crores for the period ended March 31, 2023.

The company has reported EPS of Rs. 0.62 for the period ended June 30, 2023 as compared to Rs. 0.74 for the period ended March 31, 2023.

Financials	Q1 FY2024	Q4 FY2023	% Change
Total Income	₹ 74.5397 crs	₹87.8579 crs	-15.16%
Net Profit	₹0.9236 crs	₹1.1073 crs	-16.59%
EPS	₹0.62	₹0.74	-16.22%

Financial Results (Q1 FY2024) - YoY Comparison

The company has reported total income of Rs. 74.5397 crores during the period ended June 30, 2023 as compared to Rs.85.7755 crores during the period ended June 30, 2022.

The company has posted net profit / (loss) of Rs.0.9236 crores for the period ended June 30, 2023 as against net profit / (loss) of Rs.1.9395 crores for the period ended June 30, 2022.

The company has reported EPS of Rs.0.62 for the period ended June 30, 2023 as compared to Rs.1.29 for the period ended June 30, 2022.

Financials	Q1 FY2024	Q1 FY2023	% Change
Total Income	₹ 74.5397 crs	₹85.7755 crs	-13.10%
Net Profit	₹0.9236 crs	₹1.9395 crs	-52.38%
EPS	₹0.62	₹1.29	-51.94%

Shares of Anand Rayons Ltd was last trading in BSE at Rs. 39.73 as compared to the previous close of Rs. 38.93. The total number of shares traded during the day was 8813 in over 79 trades.

The stock hit an intraday high of Rs. 40.00 and intraday low of 38.06. The net turnover during the day was Rs. 345224.00.

Source : Equity Bulls

Keywords

AnandRayons Q1FY24 ResultUpdate