HBL Power Systems Ltd consolidated Q1 FY24 net profit climbs to Rs. 51.72 crores

HBL Power Systems 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. 470.1619 crores during the period ended June 30, 2023 as compared to Rs. 407.6933 crores during the period ended March 31, 2023.

The company has posted net profit / (loss) of Rs. 51.7282 crores for the period ended June 30, 2023 as against net profit / (loss) of Rs. 34.8011 crores for the period ended March 31, 2023.

The company has reported EPS of Rs. 1.86 for the period ended June 30, 2023 as compared to Rs. 1.26 for the period ended March 31, 2023.

Financials	Q1 FY2024	Q4 FY2023	% Change
Total Income	₹ 470.1619 crs	₹407.6933 crs	15.32%
Net Profit	₹51.7282 crs	₹34.8011 crs	48.64%
EPS	₹1.86	₹1.26	47.62%

Financial Results (Q1 FY2024) - YoY Comparison

The company has reported total income of Rs. 470.1619 crores during the period ended June 30, 2023 as compared to Rs.322.9846 crores during the period ended June 30, 2022.

The company has posted net profit / (loss) of Rs.51.7282 crores for the period ended June 30, 2023 as against net profit / (loss) of Rs.20.0313 crores for the period ended June 30, 2022.

The company has reported EPS of Rs.1.86 for the period ended June 30, 2023 as compared to Rs.0.71 for the period ended June 30, 2022.

Financials	Q1 FY2024	Q1 FY2023	% Change
Total Income	₹ 470.1619 crs	₹322.9846 crs	45.57%
Net Profit	₹51.7282 crs	₹20.0313 crs	158.24%
EPS	₹1.86	₹0.71	161.97%

Shares of HBL Power Systems Limited was last trading in BSE at Rs. 218.55 as compared to the previous close of Rs. 227.80. The total number of shares traded during the day was 194973 in over 4285 trades.

The stock hit an intraday high of Rs. 232.30 and intraday low of 211.15. The net turnover during the day was Rs. 43006398.00.

Source : Equity Bulls

Keywords

HBLPowerSystems Q1FY24 ResultUpdate