Kiri Industries Ltd reports Rs. 2.54 crore consolidated loss in Q1FY24

Kiri Industries 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. 228.7474 crores during the period ended June 30, 2023 as compared to Rs. 225.2176 crores during the period ended March 31, 2023.

The company has posted net profit / (loss) of Rs. -2.5431 crores for the period ended June 30, 2023 as against net profit / (loss) of Rs. -61.4991 crores for the period ended March 31, 2023.

The company has reported EPS of Rs. -0.49 for the period ended June 30, 2023 as compared to Rs. -11.77 for the period ended March 31, 2023.

Financials	Q1 FY2024	Q4 FY2023	% Change
Total Income	₹ 228.7474 crs	₹225.2176 crs	1.57%
Net Profit	₹-2.5431 crs	₹-61.4991 crs	95.86%
EPS	₹-0.49	₹-11.77	95.84%

Financial Results (Q1 FY2024) - YoY Comparison

The company has reported total income of Rs. 228.7474 crores during the period ended June 30, 2023 as compared to Rs.276.7997 crores during the period ended June 30, 2022.

The company has posted net profit / (loss) of Rs.-2.5431 crores for the period ended June 30, 2023 as against net profit / (loss) of Rs.53.5036 crores for the period ended June 30, 2022.

The company has reported EPS of Rs.-0.49 for the period ended June 30, 2023 as compared to Rs.10.32 for the period ended June 30, 2022.

Financials	Q1 FY2024	Q1 FY2023	% Change
Total Income	₹ 228.7474 crs	₹276.7997 crs	-17.36%
Net Profit	₹-2.5431 crs	₹53.5036 crs	-104.75%
EPS	₹-0.49	₹10.32	-104.75%

Shares of Kiri Industries Limited was last trading in BSE at Rs. 279.00 as compared to the previous close of Rs. 280.55. The total number of shares traded during the day was 3228 in over 136 trades.

The stock hit an intraday high of Rs. 281.75 and intraday low of 277.55. The net turnover during the day was Rs. 902037.00.

Source : Equity Bulls

Keywords

KiriIndustries Q1FY24 ResultUpdate