Advanced Enzyme Technologies Ltd consolidated Q1FY24 PAT at Rs. 28.81 crores

Advanced Enzyme Technologies 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. 153.950 crores during the period ended June 30, 2023 as compared to Rs. 149.788 crores during the period ended March 31, 2023.

The company has posted net profit / (loss) of Rs. 28.81 crores for the period ended June 30, 2023 as against net profit / (loss) of Rs. 32.123 crores for the period ended March 31, 2023.

The company has reported EPS of Rs. 2.58 for the period ended June 30, 2023 as compared to Rs. 2.87 for the period ended March 31, 2023.

Financials	Q1 FY2024	Q4 FY2023	% Change
Total Income	₹ 153.950 crs	₹149.788 crs	2.78%
Net Profit	₹28.81 crs	₹32.123 crs	-10.31%
EPS	₹2.58	₹2.87	-10.10%

Financial Results (Q1 FY2024) - YoY Comparison

The company has reported total income of Rs. 153.950 crores during the period ended June 30, 2023 as compared to Rs.123.116 crores during the period ended June 30, 2022.

The company has posted net profit / (loss) of Rs.28.81 crores for the period ended June 30, 2023 as against net profit / (loss) of Rs.17.873 crores for the period ended June 30, 2022.

The company has reported EPS of Rs.2.58 for the period ended June 30, 2023 as compared to Rs.1.60 for the period ended June 30, 2022.

Financials	Q1 FY2024	Q1 FY2023	% Change
Total Income	₹ 153.950 crs	₹123.116 crs	25.04%
Net Profit	₹28.81 crs	₹17.873 crs	61.19%
EPS	₹2.58	₹1.60	61.25%

Shares of Advanced Enzyme Technologies Limited was last trading in BSE at Rs. 332.35 as compared to the previous close of Rs. 329.85. The total number of shares traded during the day was 24536 in over 1612 trades.

The stock hit an intraday high of Rs. 340.00 and intraday low of 329.95. The net turnover during the day was Rs. 8241625.00.

Source : Equity Bulls

Keywords

AdvancedEnzymeTechnologies Q1FY24 ResultUpdate