Hardwyn India Ltd Q1 FY2024 net profit slumps to Rs. 1 crore

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. 27.3538 crores during the period ended June 30, 2023 as compared to Rs. 30.5598 crores during the period ended March 31, 2023.

The company has posted net profit / (loss) of Rs. 1.0045 crores for the period ended June 30, 2023 as against net profit / (loss) of Rs. 3.7324 crores for the period ended March 31, 2023.

The company has reported EPS of Rs. 0.03 for the period ended June 30, 2023 as compared to Rs. 1.41 for the period ended March 31, 2023.

Financials	Q1 FY2024	Q4 FY2023	% Change
Total Income	₹ 27.3538 crs	₹30.5598 crs	-10.49%
Net Profit	₹1.0045 crs	₹3.7324 crs	-73.09%
EPS	₹0.03	₹1.41	-97.87%

Financial Results (Q1 FY2024) - YoY Comparison

The company has reported total income of Rs. 27.3538 crores during the period ended June 30, 2023 as compared to Rs.25.6012 crores during the period ended June 30, 2022.

The company has posted net profit / (loss) of Rs.1.0045 crores for the period ended June 30, 2023 as against net profit / (loss) of Rs.0.8708 crores for the period ended June 30, 2022.

The company has reported EPS of Rs.0.03 for the period ended June 30, 2023 as compared to Rs.0.85 for the period ended June 30, 2022.

Financials	Q1 FY2024	Q1 FY2023	% Change
Total Income	₹ 27.3538 crs	₹25.6012 crs	6.85%
Net Profit	₹1.0045 crs	₹0.8708 crs	15.35%
EPS	₹0.03	₹0.85	-96.47%

Source : Equity Bulls

Keywords

HardwynIndia Q1FY24 ResultUpdate