Ashapura Minechem Ltd Q1FY24 consolidated PAT surges to Rs. 102.80 crores

Ashapura Minechem 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. 1050.1589 crores during the period ended June 30, 2023 as compared to Rs. 718.0749 crores during the period ended March 31, 2023.

The company has posted net profit / (loss) of Rs. 102.8059 crores for the period ended June 30, 2023 as against net profit / (loss) of Rs. 39.9568 crores for the period ended March 31, 2023.

The company has reported EPS of Rs. 11.10 for the period ended June 30, 2023 as compared to Rs. 4.37 for the period ended March 31, 2023.

Financials	Q1 FY2024	Q4 FY2023	% Change
Total Income	₹ 1050.1589 crs	₹718.0749 crs	46.25%
Net Profit	₹102.8059 crs	₹39.9568 crs	157.29%
EPS	₹11.10	₹4.37	154.00%

Financial Results (Q1 FY2024) - YoY Comparison

The company has reported total income of Rs. 1050.1589 crores during the period ended June 30, 2023 as compared to Rs.418.2773 crores during the period ended June 30, 2022.

The company has posted net profit / (loss) of Rs.102.8059 crores for the period ended June 30, 2023 as against net profit / (loss) of Rs.39.2053 crores for the period ended June 30, 2022.

The company has reported EPS of Rs.11.10 for the period ended June 30, 2023 as compared to Rs.3.84 for the period ended June 30, 2022.

Financials	Q1 FY2024	Q1 FY2023	% Change
Total Income	₹ 1050.1589 crs	₹418.2773 crs	151.07%
Net Profit	₹102.8059 crs	₹39.2053 crs	162.22%
EPS	₹11.10	₹3.84	189.06%

Shares of Ashapura Minechem Limited was last trading in BSE at Rs. 185.10 as compared to the previous close of Rs. 189.95. The total number of shares traded during the day was 23348 in over 1037 trades.

The stock hit an intraday high of Rs. 195.95 and intraday low of 184.10. The net turnover during the day was Rs. 4445511.00.

Source : Equity Bulls

Keywords

AshapuraMinechem Q1FY24 ResultUpdate