Jtekt India Ltd Q1FY24 consolidated PAT at Rs. 17.05 crores

Jtekt India 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. 481.0903 crores during the period ended June 30, 2023 as compared to Rs. 532.1356 crores during the period ended March 31, 2023.

The company has posted net profit / (loss) of Rs. 17.05 crores for the period ended June 30, 2023 as against net profit / (loss) of Rs. 25.0692 crores for the period ended March 31, 2023.

The company has reported EPS of Rs. 0.70 for the period ended June 30, 2023 as compared to Rs. 1.03 for the period ended March 31, 2023.

Financials	Q1 FY2024	Q4 FY2023	% Change
Total Income	₹ 481.0903 crs	₹532.1356 crs	-9.59%
Net Profit	₹17.05 crs	₹25.0692 crs	-31.99%
EPS	₹0.70	₹1.03	-32.04%

Financial Results (Q1 FY2024) - YoY Comparison

The company has reported total income of Rs. 481.0903 crores during the period ended June 30, 2023 as compared to Rs.474.4475 crores during the period ended June 30, 2022.

The company has posted net profit / (loss) of Rs.17.05 crores for the period ended June 30, 2023 as against net profit / (loss) of Rs.14.1374 crores for the period ended June 30, 2022.

The company has reported EPS of Rs.0.70 for the period ended June 30, 2023 as compared to Rs.0.58 for the period ended June 30, 2022.

Financials	Q1 FY2024	Q1 FY2023	% Change
Total Income	₹ 481.0903 crs	₹474.4475 crs	1.40%
Net Profit	₹17.05 crs	₹14.1374 crs	20.60%
EPS	₹0.70	₹0.58	20.69%

Shares of Jtekt India Limited was last trading in BSE at Rs. 140.00 as compared to the previous close of Rs. 157.15. The total number of shares traded during the day was 372026 in over 8022 trades.

The stock hit an intraday high of Rs. 167.90 and intraday low of 138.00. The net turnover during the day was Rs. 56853464.00.

Source : Equity Bulls

Keywords

JtektIndia Q1FY24 ResultUpdate