Aimco Pesticides Ltd consolidated Q1 FY24 loss widens to Rs. 5.99 crore

AIMCO PESTICIDES 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. 46.2985 crores during the period ended June 30, 2023 as compared to Rs. 41.6536 crores during the period ended March 31, 2023.

The company has posted net profit / (loss) of Rs. -5.9932 crores for the period ended June 30, 2023 as against net profit / (loss) of Rs. -4.7510 crores for the period ended March 31, 2023.

The company has reported EPS of Rs. -6.25 for the period ended June 30, 2023 as compared to Rs. -4.96 for the period ended March 31, 2023.

Financials	Q1 FY2024	Q4 FY2023	% Change
Total Income	₹ 46.2985 crs	₹41.6536 crs	11.15%
Net Profit	₹-5.9932 crs	₹-4.7510 crs	26.15%
EPS	₹-6.25	₹-4.96	26.01%

Financial Results (Q1 FY2024) - YoY Comparison

The company has reported total income of Rs. 46.2985 crores during the period ended June 30, 2023 as compared to Rs.70.8181 crores during the period ended June 30, 2022.

The company has posted net profit / (loss) of Rs.-5.9932 crores for the period ended June 30, 2023 as against net profit / (loss) of Rs.2.7091 crores for the period ended June 30, 2022.

The company has reported EPS of Rs.-6.25 for the period ended June 30, 2023 as compared to Rs.2.83 for the period ended June 30, 2022.

Financials	Q1 FY2024	Q1 FY2023	% Change
Total Income	₹ 46.2985 crs	₹70.8181 crs	-34.62%
Net Profit	₹-5.9932 crs	₹2.7091 crs	-321.22%
EPS	₹-6.25	₹2.83	-320.85%

Shares of AIMCO PESTICIDES LTD. was last trading in BSE at Rs. 122.95 as compared to the previous close of Rs. 116.75. The total number of shares traded during the day was 54500 in over 236 trades.

The stock hit an intraday high of Rs. 124.50 and intraday low of 116.05. The net turnover during the day was Rs. 6593009.00.

Source : Equity Bulls

Keywords

AimcoPesticides Q1FY24 ResultUpdate