Jai Balaji Industries Ltd Q1 FY2024 consolidated net profit jumps to Rs. 170.42 crores

Jai Balaji Industries 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. 1490.3869 crores during the period ended June 30, 2023 as compared to Rs. 1745.2463 crores during the period ended March 31, 2023.

The company has posted net profit / (loss) of Rs. 170.4289 crores for the period ended June 30, 2023 as against net profit / (loss) of Rs. -13.0776 crores for the period ended March 31, 2023.

The company has reported EPS of Rs. 9.61 for the period ended June 30, 2023 as compared to Rs. -0.73 for the period ended March 31, 2023.

Financials	Q1 FY2024	Q4 FY2023	% Change
Total Income	₹ 1490.3869 crs	₹1745.2463 crs	-14.60%
Net Profit	₹170.4289 crs	₹-13.0776 crs	1,403.21%
EPS	₹9.61	₹-0.73	1,416.44%

Financial Results (Q1 FY2024) - YoY Comparison

The company has reported total income of Rs. 1490.3869 crores during the period ended June 30, 2023 as compared to Rs.1501.9091 crores during the period ended June 30, 2022.

The company has posted net profit / (loss) of Rs.170.4289 crores for the period ended June 30, 2023 as against net profit / (loss) of Rs.21.8163 crores for the period ended June 30, 2022.

The company has reported EPS of Rs.9.61 for the period ended June 30, 2023 as compared to Rs.1.95 for the period ended June 30, 2022.

Financials	Q1 FY2024	Q1 FY2023	% Change
Total Income	₹ 1490.3869 crs	₹1501.9091 crs	-0.77%
Net Profit	₹170.4289 crs	₹21.8163 crs	681.20%
EPS	₹9.61	₹1.95	392.82%

Shares of Jai Balaji Industries Limited was last trading in BSE at Rs. 229.40 as compared to the previous close of Rs. 219.65. The total number of shares traded during the day was 43508 in over 501 trades.

The stock hit an intraday high of Rs. 230.60 and intraday low of 211.60. The net turnover during the day was Rs. 9738987.00.

Source : Equity Bulls

Keywords

JaiBalajiIndustries Q1FY24 ResultUpdate