AMI Organics Ltd Q1FY24 consolidated net profit at Rs. 16.64 crores

Ami Organics 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. 143.4530 crores during the period ended June 30, 2023 as compared to Rs. 186.2102 crores during the period ended March 31, 2023.

The company has posted net profit / (loss) of Rs. 16.6495 crores for the period ended June 30, 2023 as against net profit / (loss) of Rs. 27.2003 crores for the period ended March 31, 2023.

The company has reported EPS of Rs. 4.57 for the period ended June 30, 2023 as compared to Rs. 7.47 for the period ended March 31, 2023.

Financials	Q1 FY2024	Q4 FY2023	% Change
Total Income	₹ 143.4530 crs	₹186.2102 crs	-22.96%
Net Profit	₹16.6495 crs	₹27.2003 crs	-38.79%
EPS	₹4.57	₹7.47	-38.82%

Financial Results (Q1 FY2024) - YoY Comparison

The company has reported total income of Rs. 143.4530 crores during the period ended June 30, 2023 as compared to Rs.131.6247 crores during the period ended June 30, 2022.

The company has posted net profit / (loss) of Rs.16.6495 crores for the period ended June 30, 2023 as against net profit / (loss) of Rs.14.8621 crores for the period ended June 30, 2022.

The company has reported EPS of Rs.4.57 for the period ended June 30, 2023 as compared to Rs.4.08 for the period ended June 30, 2022.

Financials	Q1 FY2024	Q1 FY2023	% Change
Total Income	₹ 143.4530 crs	₹131.6247 crs	8.99%
Net Profit	₹16.6495 crs	₹14.8621 crs	12.03%
EPS	₹4.57	₹4.08	12.01%

Shares of Ami Organics Ltd was last trading in BSE at Rs. 1206.40 as compared to the previous close of Rs. 1210.30. The total number of shares traded during the day was 2298 in over 312 trades.

The stock hit an intraday high of Rs. 1223.80 and intraday low of 1192.55. The net turnover during the day was Rs. 2779883.00.

Source : Equity Bulls

Keywords

AMIOrganics Q1FY24 ResultUpdate