Tulsyan NEC Ltd Q1 FY2024 consolidated loss widens to Rs. 14.04 crores

Tulsyan NEC 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. 235.8195 crores during the period ended June 30, 2023 as compared to Rs. 234.7888 crores during the period ended March 31, 2023.

The company has posted net profit / (loss) of Rs. -14.0476 crores for the period ended June 30, 2023 as against net profit / (loss) of Rs. 47.7549 crores for the period ended March 31, 2023.

The company has reported EPS of Rs. -8.49 for the period ended June 30, 2023 as compared to Rs. 28.85 for the period ended March 31, 2023.

Financials	Q1 FY2024	Q4 FY2023	% Change
Total Income	₹ 235.8195 crs	₹234.7888 crs	0.44%
Net Profit	₹-14.0476 crs	₹47.7549 crs	-129.42%
EPS	₹-8.49	₹28.85	-129.43%

Financial Results (Q1 FY2024) - YoY Comparison

The company has reported total income of Rs. 235.8195 crores during the period ended June 30, 2023 as compared to Rs.312.2937 crores during the period ended June 30, 2022.

The company has posted net profit / (loss) of Rs.-14.0476 crores for the period ended June 30, 2023 as against net profit / (loss) of Rs.8.2260 crores for the period ended June 30, 2022.

The company has reported EPS of Rs.-8.49 for the period ended June 30, 2023 as compared to Rs.5.59 for the period ended June 30, 2022.

Financials	Q1 FY2024	Q1 FY2023	% Change
Total Income	₹ 235.8195 crs	₹312.2937 crs	-24.49%
Net Profit	₹-14.0476 crs	₹8.2260 crs	-270.77%
EPS	₹-8.49	₹5.59	-251.88%

Shares of Tulsyan NEC Limited was last trading in BSE at Rs. 61.71 as compared to the previous close of Rs. 60.50. The total number of shares traded during the day was 3620 in over 23 trades.

The stock hit an intraday high of Rs. 61.71 and intraday low of 60.65. The net turnover during the day was Rs. 220538.00.

Source : Equity Bulls

Keywords

TulsyanNEC Q1FY24 ResultUpdate