Arcee Industries Ltd Q1FY24 loss at Rs. 20.41 lakhs

ARCEE INDUSTRIES 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. 0.8226 crores during the period ended June 30, 2023 as compared to Rs. 3.4456 crores during the period ended March 31, 2023.

The company has posted net profit / (loss) of Rs. -0.2041 crores for the period ended June 30, 2023 as against net profit / (loss) of Rs. 0.1621 crores for the period ended March 31, 2023.

The company has reported EPS of Rs. -0.40 for the period ended June 30, 2023 as compared to Rs. 0.32 for the period ended March 31, 2023.

Financials	Q1 FY2024	Q4 FY2023	% Change
Total Income	₹ 0.8226 crs	₹3.4456 crs	-76.13%
Net Profit	₹-0.2041 crs	₹0.1621 crs	-225.91%
EPS	₹-0.40	₹0.32	-225.00%

Financial Results (Q1 FY2024) - YoY Comparison

The company has reported total income of Rs. 0.8226 crores during the period ended June 30, 2023 as compared to Rs.7.0812 crores during the period ended June 30, 2022.

The company has posted net profit / (loss) of Rs.-0.2041 crores for the period ended June 30, 2023 as against net profit / (loss) of Rs.-0.4126 crores for the period ended June 30, 2022.

The company has reported EPS of Rs.-0.40 for the period ended June 30, 2023 as compared to Rs.-0.80 for the period ended June 30, 2022.

Financials	Q1 FY2024	Q1 FY2023	% Change
Total Income	₹ 0.8226 crs	₹7.0812 crs	-88.38%
Net Profit	₹-0.2041 crs	₹-0.4126 crs	50.53%
EPS	₹-0.40	₹-0.80	50.00%

Shares of ARCEE INDUSTRIES LTD. was last trading in BSE at Rs. 6.70 as compared to the previous close of Rs. 6.44. The total number of shares traded during the day was 6625 in over 22 trades.

The stock hit an intraday high of Rs. 6.70 and intraday low of 6.41. The net turnover during the day was Rs. 43766.00.

Source : Equity Bulls

Keywords

ArceeIndustries Q1FY24 ResultUpdate