Sainik Finance and Industries Ltd Q1 FY24 PAT at Rs. 72.26 lakhs

SAINIK FINANCE & 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. 3.8030 crores during the period ended June 30, 2023 as compared to Rs. 4.4186 crores during the period ended March 31, 2023.

The company has posted net profit / (loss) of Rs. 0.7226 crores for the period ended June 30, 2023 as against net profit / (loss) of Rs. 1.6887 crores for the period ended March 31, 2023.

The company has reported EPS of Rs. 0.66 for the period ended June 30, 2023 as compared to Rs. 1.55 for the period ended March 31, 2023.

Financials	Q1 FY2024	Q4 FY2023	% Change
Total Income	₹ 3.8030 crs	₹4.4186 crs	-13.93%
Net Profit	₹0.7226 crs	₹1.6887 crs	-57.21%
EPS	₹0.66	₹1.55	-57.42%

Financial Results (Q1 FY2024) - YoY Comparison

The company has reported total income of Rs. 3.8030 crores during the period ended June 30, 2023 as compared to Rs.4.2096 crores during the period ended June 30, 2022.

The company has posted net profit / (loss) of Rs.0.7226 crores for the period ended June 30, 2023 as against net profit / (loss) of Rs.-3.6577 crores for the period ended June 30, 2022.

The company has reported EPS of Rs.0.66 for the period ended June 30, 2023 as compared to Rs.-3.36 for the period ended June 30, 2022.

Financials	Q1 FY2024	Q1 FY2023	% Change
Total Income	₹ 3.8030 crs	₹4.2096 crs	-9.66%
Net Profit	₹0.7226 crs	₹-3.6577 crs	119.76%
EPS	₹0.66	₹-3.36	119.64%

Shares of SAINIK FINANCE & INDUSTRIES LTD. was last trading in BSE at Rs. 31.00 as compared to the previous close of Rs. 30.98. The total number of shares traded during the day was 70 in over 6 trades.

The stock hit an intraday high of Rs. 32.50 and intraday low of 29.50. The net turnover during the day was Rs. 2091.00.

Source : Equity Bulls

Keywords

SainikFinanceandIndustries Q1FY24 ResultUpdate