Universal Starch-Chem Allied Ltd Q1 FY2024 net profit jumps to Rs. 4.29 crore

UNIVERSAL STARCH-CHEM ALLIED LTD. 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. 136.2530 crores during the period ended June 30, 2023 as compared to Rs. 140.0445 crores during the period ended March 31, 2023.

The company has posted net profit / (loss) of Rs. 4.2902 crores for the period ended June 30, 2023 as against net profit / (loss) of Rs. 2.4153 crores for the period ended March 31, 2023.

The company has reported EPS of Rs. 10.21 for the period ended June 30, 2023 as compared to Rs. 5.75 for the period ended March 31, 2023.

Financials	Q1 FY2024	Q4 FY2023	% Change
Total Income	₹ 136.2530 crs	₹140.0445 crs	-2.71%
Net Profit	₹4.2902 crs	₹2.4153 crs	77.63%
EPS	₹10.21	₹5.75	77.57%

Financial Results (Q1 FY2024) - YoY Comparison

The company has reported total income of Rs. 136.2530 crores during the period ended June 30, 2023 as compared to Rs.136.5459 crores during the period ended June 30, 2022.

The company has posted net profit / (loss) of Rs.4.2902 crores for the period ended June 30, 2023 as against net profit / (loss) of Rs.1.6605 crores for the period ended June 30, 2022.

The company has reported EPS of Rs.10.21 for the period ended June 30, 2023 as compared to Rs.3.95 for the period ended June 30, 2022.

Financials	Q1 FY2024	Q1 FY2023	% Change
Total Income	₹ 136.2530 crs	₹136.5459 crs	-0.21%
Net Profit	₹4.2902 crs	₹1.6605 crs	158.37%
EPS	₹10.21	₹3.95	158.48%

Shares of UNIVERSAL STARCH-CHEM ALLIED LTD. was last trading in BSE at Rs. 125.00 as compared to the previous close of Rs. 124.50. The total number of shares traded during the day was 637 in over 18 trades.

The stock hit an intraday high of Rs. 126.25 and intraday low of 123.00. The net turnover during the day was Rs. 78615.00.

Source : Equity Bulls

Keywords

UniversalStarchChemAllied Q1FY24 ResultUpdate