Fermenta Biotech Ltd posts Rs. 1.83 crore PAT in Q1FY24

Fermenta Biotech Ltd 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. 84.4550 crores during the period ended June 30, 2023 as compared to Rs. 106.3233 crores during the period ended March 31, 2023.

The company has posted net profit / (loss) of Rs. 1.8326 crores for the period ended June 30, 2023 as against net profit / (loss) of Rs. -4.1117 crores for the period ended March 31, 2023.

The company has reported EPS of Rs. 0.64 for the period ended June 30, 2023 as compared to Rs. -1.42 for the period ended March 31, 2023.

Financials	Q1 FY2024	Q4 FY2023	% Change
Total Income	₹ 84.4550 crs	₹106.3233 crs	-20.57%
Net Profit	₹1.8326 crs	₹-4.1117 crs	144.57%
EPS	₹0.64	₹-1.42	145.07%

Financial Results (Q1 FY2024) - YoY Comparison

The company has reported total income of Rs. 84.4550 crores during the period ended June 30, 2023 as compared to Rs.95.7331 crores during the period ended June 30, 2022.

The company has posted net profit / (loss) of Rs.1.8326 crores for the period ended June 30, 2023 as against net profit / (loss) of Rs.-2.5929 crores for the period ended June 30, 2022.

The company has reported EPS of Rs.0.64 for the period ended June 30, 2023 as compared to Rs.-0.90 for the period ended June 30, 2022.

Financials	Q1 FY2024	Q1 FY2023	% Change
Total Income	₹ 84.4550 crs	₹95.7331 crs	-11.78%
Net Profit	₹1.8326 crs	₹-2.5929 crs	170.68%
EPS	₹0.64	₹-0.90	171.11%

Shares of Fermenta Biotech Ltd was last trading in BSE at Rs. 152.45 as compared to the previous close of Rs. 163.80. The total number of shares traded during the day was 9328 in over 197 trades.

The stock hit an intraday high of Rs. 166.00 and intraday low of 150.05. The net turnover during the day was Rs. 1487138.00.

Source : Equity Bulls

Keywords

FermentaBiotech Q1FY24 ResultUpdate