Coastal Corporation Ltd consolidated Q1 FY2024 PAT at Rs. 3.28 crore

COASTAL CORPORATION 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. 101.6542 crores during the period ended June 30, 2023 as compared to Rs. 73.6904 crores during the period ended March 31, 2023.

The company has posted net profit / (loss) of Rs. 3.2831 crores for the period ended June 30, 2023 as against net profit / (loss) of Rs. -9.2256 crores for the period ended March 31, 2023.

The company has reported EPS of Rs. 2.43 for the period ended June 30, 2023 as compared to Rs. -6.83 for the period ended March 31, 2023.

Financials	Q1 FY2024	Q4 FY2023	% Change
Total Income	₹ 101.6542 crs	₹73.6904 crs	37.95%
Net Profit	₹3.2831 crs	₹-9.2256 crs	135.59%
EPS	₹2.43	₹-6.83	135.58%

Financial Results (Q1 FY2024) - YoY Comparison

The company has reported total income of Rs. 101.6542 crores during the period ended June 30, 2023 as compared to Rs.121.9937 crores during the period ended June 30, 2022.

The company has posted net profit / (loss) of Rs.3.2831 crores for the period ended June 30, 2023 as against net profit / (loss) of Rs.8.7894 crores for the period ended June 30, 2022.

The company has reported EPS of Rs.2.43 for the period ended June 30, 2023 as compared to Rs.7.59 for the period ended June 30, 2022.

Financials	Q1 FY2024	Q1 FY2023	% Change
Total Income	₹ 101.6542 crs	₹121.9937 crs	-16.67%
Net Profit	₹3.2831 crs	₹8.7894 crs	-62.65%
EPS	₹2.43	₹7.59	-67.98%

Shares of COASTAL CORPORATION LTD. was last trading in BSE at Rs. 248.45 as compared to the previous close of Rs. 253.25. The total number of shares traded during the day was 13868 in over 634 trades.

The stock hit an intraday high of Rs. 253.55 and intraday low of 245.95. The net turnover during the day was Rs. 3449744.00.

Source : Equity Bulls

Keywords

CoastalCorporation Q1FY24 ResultUpdate