Shalimar Wires Industries Ltd Q1 FY2024 net profit at Rs. 93.89 lakhs

SHALIMAR WIRES 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. 32.1211 crores during the period ended June 30, 2023 as compared to Rs. 32.1369 crores during the period ended March 31, 2023.

The company has posted net profit / (loss) of Rs. 0.9389 crores for the period ended June 30, 2023 as against net profit / (loss) of Rs. 4.1922 crores for the period ended March 31, 2023.

The company has reported EPS of Rs. 0.22 for the period ended June 30, 2023 as compared to Rs. 0.98 for the period ended March 31, 2023.

Financials	Q1 FY2024	Q4 FY2023	% Change
Total Income	₹ 32.1211 crs	₹32.1369 crs	-0.05%
Net Profit	₹0.9389 crs	₹4.1922 crs	-77.60%
EPS	₹0.22	₹0.98	-77.55%

Financial Results (Q1 FY2024) - YoY Comparison

The company has reported total income of Rs. 32.1211 crores during the period ended June 30, 2023 as compared to Rs.29.1101 crores during the period ended June 30, 2022.

The company has posted net profit / (loss) of Rs.0.9389 crores for the period ended June 30, 2023 as against net profit / (loss) of Rs.0.0523 crores for the period ended June 30, 2022.

The company has reported EPS of Rs.0.22 for the period ended June 30, 2023 as compared to Rs.0.01 for the period ended June 30, 2022.

Financials	Q1 FY2024	Q1 FY2023	% Change
Total Income	₹ 32.1211 crs	₹29.1101 crs	10.34%
Net Profit	₹0.9389 crs	₹0.0523 crs	1,695.22%
EPS	₹0.22	₹0.01	2,100.00%

Shares of SHALIMAR WIRES INDUSTRIES LTD. was last trading in BSE at Rs. 20.50 as compared to the previous close of Rs. 20.94. The total number of shares traded during the day was 11681 in over 58 trades.

The stock hit an intraday high of Rs. 21.60 and intraday low of 20.50. The net turnover during the day was Rs. 248252.00.

Source : Equity Bulls

Keywords

ShalimarWiresIndustries Q1FY24 ResultUpdate