Kings Infra Ventures Ltd Q1 FY24 consolidated net profit higher at Rs. 2.14 crore

Kings Infra Ventures 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. 20.9609 crores during the period ended June 30, 2023 as compared to Rs. 20.5461 crores during the period ended March 31, 2023.

The company has posted net profit / (loss) of Rs. 2.1473 crores for the period ended June 30, 2023 as against net profit / (loss) of Rs. 2.0719 crores for the period ended March 31, 2023.

The company has reported EPS of Rs. 0.91 for the period ended June 30, 2023 as compared to Rs. 0.87 for the period ended March 31, 2023.

Financials	Q1 FY2024	Q4 FY2023	% Change
Total Income	₹ 20.9609 crs	₹20.5461 crs	2.02%
Net Profit	₹2.1473 crs	₹2.0719 crs	3.64%
EPS	₹0.91	₹0.87	4.60%

Financial Results (Q1 FY2024) - YoY Comparison

The company has reported total income of Rs. 20.9609 crores during the period ended June 30, 2023 as compared to Rs.11.2437 crores during the period ended June 30, 2022.

The company has posted net profit / (loss) of Rs.2.1473 crores for the period ended June 30, 2023 as against net profit / (loss) of Rs.0.9921 crores for the period ended June 30, 2022.

The company has reported EPS of Rs.0.91 for the period ended June 30, 2023 as compared to Rs.0.42 for the period ended June 30, 2022.

Financials	Q1 FY2024	Q1 FY2023	% Change
Total Income	₹ 20.9609 crs	₹11.2437 crs	86.42%
Net Profit	₹2.1473 crs	₹0.9921 crs	116.44%
EPS	₹0.91	₹0.42	116.67%

Shares of Kings Infra Ventures Limited was last trading in BSE at Rs. 133.40 as compared to the previous close of Rs. 132.60. The total number of shares traded during the day was 48277 in over 391 trades.

The stock hit an intraday high of Rs. 135.50 and intraday low of 129.10. The net turnover during the day was Rs. 6403542.00.

Source : Equity Bulls

Keywords

KingsInfraVentures Q1FY24 ResultUpdate