Kernex Microsystems India Ltd Q1FY24 consolidated loss at Rs. 88.33 lakhs

Kernex Microsystems (India) 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. 1.4291 crores during the period ended June 30, 2023 as compared to Rs. -0.9911 crores during the period ended March 31, 2023.

The company has posted net profit / (loss) of Rs. -0.8833 crores for the period ended June 30, 2023 as against net profit / (loss) of Rs. -8.2442 crores for the period ended March 31, 2023.

The company has reported EPS of Rs. -0.66 for the period ended June 30, 2023 as compared to Rs. -4.91 for the period ended March 31, 2023.

Financials	Q1 FY2024	Q4 FY2023	% Change
Total Income	₹ 1.4291 crs	₹-0.9911 crs	244.19%
Net Profit	₹-0.8833 crs	₹-8.2442 crs	89.29%
EPS	₹-0.66	₹-4.91	86.56%

Financial Results (Q1 FY2024) - YoY Comparison

The company has reported total income of Rs. 1.4291 crores during the period ended June 30, 2023 as compared to Rs.1.1045 crores during the period ended June 30, 2022.

The company has posted net profit / (loss) of Rs.-0.8833 crores for the period ended June 30, 2023 as against net profit / (loss) of Rs.-3.3524 crores for the period ended June 30, 2022.

The company has reported EPS of Rs.-0.66 for the period ended June 30, 2023 as compared to Rs.-2.42 for the period ended June 30, 2022.

Financials	Q1 FY2024	Q1 FY2023	% Change
Total Income	₹ 1.4291 crs	₹1.1045 crs	29.39%
Net Profit	₹-0.8833 crs	₹-3.3524 crs	73.65%
EPS	₹-0.66	₹-2.42	72.73%

Shares of Kernex Microsystems (India) Limited was last trading in BSE at Rs. 376.00 as compared to the previous close of Rs. 358.10. The total number of shares traded during the day was 36761 in over 234 trades.

The stock hit an intraday high of Rs. 376.00 and intraday low of 366.00. The net turnover during the day was Rs. 13804537.00.

Source : Equity Bulls

Keywords

KernexMicrosystemsIndia Q1FY24 ResultUpdate