Kranti Industries Ltd consolidated Q1 FY2024 PAT slumps to Rs. 14.07 lakhs

Kranti Industries Ltd 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. 26.1585 crores during the period ended June 30, 2023 as compared to Rs. 26.4651 crores during the period ended March 31, 2023.

The company has posted net profit / (loss) of Rs. 0.1407 crores for the period ended June 30, 2023 as against net profit / (loss) of Rs. 2.8336 crores for the period ended March 31, 2023.

The company has reported EPS of Rs. 0.13 for the period ended June 30, 2023 as compared to Rs. 2.68 for the period ended March 31, 2023.

Financials	Q1 FY2024	Q4 FY2023	% Change
Total Income	₹ 26.1585 crs	₹26.4651 crs	-1.16%
Net Profit	₹0.1407 crs	₹2.8336 crs	-95.03%
EPS	₹0.13	₹2.68	-95.15%

Financial Results (Q1 FY2024) - YoY Comparison

The company has reported total income of Rs. 26.1585 crores during the period ended June 30, 2023 as compared to Rs.24.4729 crores during the period ended June 30, 2022.

The company has posted net profit / (loss) of Rs.0.1407 crores for the period ended June 30, 2023 as against net profit / (loss) of Rs.1.2732 crores for the period ended June 30, 2022.

The company has reported EPS of Rs.0.13 for the period ended June 30, 2023 as compared to Rs.1.21 for the period ended June 30, 2022.

Financials	Q1 FY2024	Q1 FY2023	% Change
Total Income	₹ 26.1585 crs	₹24.4729 crs	6.89%
Net Profit	₹0.1407 crs	₹1.2732 crs	-88.95%
EPS	₹0.13	₹1.21	-89.26%

Shares of Kranti Industries Ltd was last trading in BSE at Rs. 108.67 as compared to the previous close of Rs. 102.51. The total number of shares traded during the day was 150218 in over 1081 trades.

The stock hit an intraday high of Rs. 112.00 and intraday low of 102.00. The net turnover during the day was Rs. 16316808.00.

Source : Equity Bulls

Keywords

KrantiIndustries Q1FY24 ResultUpdate