Empire Industries Ltd Q1 FY2024 net profit falls QoQ to Rs. 6.12 crore

EMPIRE INDUSTRIES 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. 149.6676 crores during the period ended June 30, 2023 as compared to Rs. 182.0887 crores during the period ended March 31, 2023.

The company has posted net profit / (loss) of Rs. 6.1247 crores for the period ended June 30, 2023 as against net profit / (loss) of Rs. 13.5655 crores for the period ended March 31, 2023.

The company has reported EPS of Rs. 10.21 for the period ended June 30, 2023 as compared to Rs. 22.61 for the period ended March 31, 2023.

Financials	Q1 FY2024	Q4 FY2023	% Change
Total Income	₹ 149.6676 crs	₹182.0887 crs	-17.81%
Net Profit	₹6.1247 crs	₹13.5655 crs	-54.85%
EPS	₹10.21	₹22.61	-54.84%

Financial Results (Q1 FY2024) - YoY Comparison

The company has reported total income of Rs. 149.6676 crores during the period ended June 30, 2023 as compared to Rs.149.5910 crores during the period ended June 30, 2022.

The company has posted net profit / (loss) of Rs.6.1247 crores for the period ended June 30, 2023 as against net profit / (loss) of Rs.5.9526 crores for the period ended June 30, 2022.

The company has reported EPS of Rs.10.21 for the period ended June 30, 2023 as compared to Rs.9.92 for the period ended June 30, 2022.

Financials	Q1 FY2024	Q1 FY2023	% Change
Total Income	₹ 149.6676 crs	₹149.5910 crs	0.05%
Net Profit	₹6.1247 crs	₹5.9526 crs	2.89%
EPS	₹10.21	₹9.92	2.92%

Shares of EMPIRE INDUSTRIES LTD. was last trading in BSE at Rs. 843.25 as compared to the previous close of Rs. 850.60. The total number of shares traded during the day was 1949 in over 111 trades.

The stock hit an intraday high of Rs. 868.00 and intraday low of 824.10. The net turnover during the day was Rs. 1668315.00.

Source : Equity Bulls

Keywords

EmpireIndustries Q1FY24 ResultUpdate