Kaveri Seed Company Ltd posts jump in Q1FY24 PAT to Rs. 273.51 crores

Kaveri Seed Company 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. 747.7548 crores during the period ended June 30, 2023 as compared to Rs. 81.6566 crores during the period ended March 31, 2023.

The company has posted net profit / (loss) of Rs. 273.5177 crores for the period ended June 30, 2023 as against net profit / (loss) of Rs. -15.4894 crores for the period ended March 31, 2023.

The company has reported EPS of Rs. 49.10 for the period ended June 30, 2023 as compared to Rs. -2.25 for the period ended March 31, 2023.

Financials	Q1 FY2024	Q4 FY2023	% Change
Total Income	₹ 747.7548 crs	₹81.6566 crs	815.73%
Net Profit	₹273.5177 crs	₹-15.4894 crs	1,865.84%
EPS	₹49.10	₹-2.25	2,282.22%

Financial Results (Q1 FY2024) - YoY Comparison

The company has reported total income of Rs. 747.7548 crores during the period ended June 30, 2023 as compared to Rs.693.0469 crores during the period ended June 30, 2022.

The company has posted net profit / (loss) of Rs.273.5177 crores for the period ended June 30, 2023 as against net profit / (loss) of Rs.243.8211 crores for the period ended June 30, 2022.

The company has reported EPS of Rs.49.10 for the period ended June 30, 2023 as compared to Rs.42.44 for the period ended June 30, 2022.

Financials	Q1 FY2024	Q1 FY2023	% Change
Total Income	₹ 747.7548 crs	₹693.0469 crs	7.89%
Net Profit	₹273.5177 crs	₹243.8211 crs	12.18%
EPS	₹49.10	₹42.44	15.69%

Shares of Kaveri Seed Company Limited was last trading in BSE at Rs. 582.50 as compared to the previous close of Rs. 562.05. The total number of shares traded during the day was 5238 in over 498 trades.

The stock hit an intraday high of Rs. 586.65 and intraday low of 563.10. The net turnover during the day was Rs. 3016575.00.

Source : Equity Bulls

Keywords

KaveriSeedCompany Q1FY24 ResultUpdate