Astra Microwave Products Ltd Q1 FY2024 consolidated loss widens to Rs. 6.73 crore

Astra Microwave Products 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. 135.7188 crores during the period ended June 30, 2023 as compared to Rs. 259.4006 crores during the period ended March 31, 2023.

The company has posted net profit / (loss) of Rs. -6.7357 crores for the period ended June 30, 2023 as against net profit / (loss) of Rs. 13.5229 crores for the period ended March 31, 2023.

The company has reported EPS of Rs. -0.73 for the period ended June 30, 2023 as compared to Rs. 1.56 for the period ended March 31, 2023.

Financials	Q1 FY2024	Q4 FY2023	% Change
Total Income	₹ 135.7188 crs	₹259.4006 crs	-47.68%
Net Profit	₹-6.7357 crs	₹13.5229 crs	-149.81%
EPS	₹-0.73	₹1.56	-146.79%

Financial Results (Q1 FY2024) - YoY Comparison

The company has reported total income of Rs. 135.7188 crores during the period ended June 30, 2023 as compared to Rs.162.8853 crores during the period ended June 30, 2022.

The company has posted net profit / (loss) of Rs.-6.7357 crores for the period ended June 30, 2023 as against net profit / (loss) of Rs.8.1016 crores for the period ended June 30, 2022.

The company has reported EPS of Rs.-0.73 for the period ended June 30, 2023 as compared to Rs.0.94 for the period ended June 30, 2022.

Financials	Q1 FY2024	Q1 FY2023	% Change
Total Income	₹ 135.7188 crs	₹162.8853 crs	-16.68%
Net Profit	₹-6.7357 crs	₹8.1016 crs	-183.14%
EPS	₹-0.73	₹0.94	-177.66%

Shares of Astra Microwave Products Limited was last trading in BSE at Rs. 381.00 as compared to the previous close of Rs. 381.55. The total number of shares traded during the day was 37695 in over 1623 trades.

The stock hit an intraday high of Rs. 387.75 and intraday low of 376.00. The net turnover during the day was Rs. 14353078.00.

Source : Equity Bulls

Keywords

AstraMicrowaveProducts Q1FY24 ResultUpdate