Hindustan Oil Exploration Company Ltd Q1 FY24 consolidated PAT slips QoQ to Rs. 66.07 crores

Hindustan Oil Exploration Company 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. 173.8526 crores during the period ended June 30, 2023 as compared to Rs. 179.3203 crores during the period ended March 31, 2023.

The company has posted net profit / (loss) of Rs. 66.0717 crores for the period ended June 30, 2023 as against net profit / (loss) of Rs. 106.6539 crores for the period ended March 31, 2023.

The company has reported EPS of Rs. 5 for the period ended June 30, 2023 as compared to Rs. 8.06 for the period ended March 31, 2023.

Financials	Q1 FY2024	Q4 FY2023	% Change
Total Income	₹ 173.8526 crs	₹179.3203 crs	-3.05%
Net Profit	₹66.0717 crs	₹106.6539 crs	-38.05%
EPS	₹5	₹8.06	-37.97%

Financial Results (Q1 FY2024) - YoY Comparison

The company has reported total income of Rs. 173.8526 crores during the period ended June 30, 2023 as compared to Rs.91.0420 crores during the period ended June 30, 2022.

The company has posted net profit / (loss) of Rs.66.0717 crores for the period ended June 30, 2023 as against net profit / (loss) of Rs.32.3507 crores for the period ended June 30, 2022.

The company has reported EPS of Rs.5 for the period ended June 30, 2023 as compared to Rs.2.45 for the period ended June 30, 2022.

Financials	Q1 FY2024	Q1 FY2023	% Change
Total Income	₹ 173.8526 crs	₹91.0420 crs	90.96%
Net Profit	₹66.0717 crs	₹32.3507 crs	104.24%
EPS	₹5	₹2.45	104.08%

Shares of Hindustan Oil Exploration Company Limited was last trading in BSE at Rs. 237.50 as compared to the previous close of Rs. 253.20. The total number of shares traded during the day was 138309 in over 3137 trades.

The stock hit an intraday high of Rs. 253.30 and intraday low of 235.05. The net turnover during the day was Rs. 33587623.00.

Source : Equity Bulls

Keywords

HindustanOilExplorationCompany Q1FY24 ResultUpdate