Raj Packaging Industries Ltd Q1 FY2024 loss at Rs. 32.74 lakhs

RAJ PACKAGING 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. 8.4281 crores during the period ended June 30, 2023 as compared to Rs. 10.3736 crores during the period ended March 31, 2023.

The company has posted net profit / (loss) of Rs. -0.3274 crores for the period ended June 30, 2023 as against net profit / (loss) of Rs. -0.1111 crores for the period ended March 31, 2023.

The company has reported EPS of Rs. -0.72 for the period ended June 30, 2023 as compared to Rs. -0.24 for the period ended March 31, 2023.

Financials	Q1 FY2024	Q4 FY2023	% Change
Total Income	₹ 8.4281 crs	₹10.3736 crs	-18.75%
Net Profit	₹-0.3274 crs	₹-0.1111 crs	194.69%
EPS	₹-0.72	₹-0.24	200.00%

Financial Results (Q1 FY2024) - YoY Comparison

The company has reported total income of Rs. 8.4281 crores during the period ended June 30, 2023 as compared to Rs.13.6256 crores during the period ended June 30, 2022.

The company has posted net profit / (loss) of Rs.-0.3274 crores for the period ended June 30, 2023 as against net profit / (loss) of Rs.0.1566 crores for the period ended June 30, 2022.

The company has reported EPS of Rs.-0.72 for the period ended June 30, 2023 as compared to Rs.0.34 for the period ended June 30, 2022.

Financials	Q1 FY2024	Q1 FY2023	% Change
Total Income	₹ 8.4281 crs	₹13.6256 crs	-38.15%
Net Profit	₹-0.3274 crs	₹0.1566 crs	-309.07%
EPS	₹-0.72	₹0.34	-311.76%

Shares of RAJ PACKAGING INDUSTRIES LTD. was last trading in BSE at Rs. 36.30 as compared to the previous close of Rs. 37.39. The total number of shares traded during the day was 694 in over 10 trades.

The stock hit an intraday high of Rs. 38.78 and intraday low of 36.30. The net turnover during the day was Rs. 25280.00.

Source : Equity Bulls

Keywords

RajPackagingIndustries Q1FY24 ResultUpdate