Rishi Techtex Ltd Q1 FY2024 net profit at Rs. 41.18 lakhs

RISHI TECHTEX 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. 26.0121 crores during the period ended June 30, 2023 as compared to Rs. 28.6624 crores during the period ended March 31, 2023.

The company has posted net profit / (loss) of Rs. 0.4118 crores for the period ended June 30, 2023 as against net profit / (loss) of Rs. 0.5540 crores for the period ended March 31, 2023.

The company has reported EPS of Rs. 0.56 for the period ended June 30, 2023 as compared to Rs. 0.75 for the period ended March 31, 2023.

Financials	Q1 FY2024	Q4 FY2023	% Change
Total Income	₹ 26.0121 crs	₹28.6624 crs	-9.25%
Net Profit	₹0.4118 crs	₹0.5540 crs	-25.67%
EPS	₹0.56	₹0.75	-25.33%

Financial Results (Q1 FY2024) - YoY Comparison

The company has reported total income of Rs. 26.0121 crores during the period ended June 30, 2023 as compared to Rs.24.2157 crores during the period ended June 30, 2022.

The company has posted net profit / (loss) of Rs.0.4118 crores for the period ended June 30, 2023 as against net profit / (loss) of Rs.0.2212 crores for the period ended June 30, 2022.

The company has reported EPS of Rs.0.56 for the period ended June 30, 2023 as compared to Rs.0.30 for the period ended June 30, 2022.

Financials	Q1 FY2024	Q1 FY2023	% Change
Total Income	₹ 26.0121 crs	₹24.2157 crs	7.42%
Net Profit	₹0.4118 crs	₹0.2212 crs	86.17%
EPS	₹0.56	₹0.30	86.67%

Shares of RISHI TECHTEX LTD. was last trading in BSE at Rs. 28.00 as compared to the previous close of Rs. 26.21. The total number of shares traded during the day was 4639 in over 37 trades.

The stock hit an intraday high of Rs. 28.11 and intraday low of 26.75. The net turnover during the day was Rs. 128962.00.

Source : Equity Bulls

Keywords

RishiTechtex Q1FY24 ResultUpdate