Stock Report

Avantel Ltd consolidated Q2 FY2024 PAT zooms to Rs. 16.07 crores



Posted On : 2023-10-09 18:05:06( TIMEZONE : IST )

Avantel Ltd consolidated Q2 FY2024 PAT zooms to Rs. 16.07 crores

has reported Consolidated financial results for the period ended September 30, 2023.

Financial Results (Q2 FY2024) - QoQ Comparison

The company has reported total income of Rs. 54.7288 crores during the period ended September 30, 2023 as compared to Rs. 69.1542 crores during the period ended June 30, 2023.

The company has posted net profit / (loss) of Rs. 16.0732 crores for the period ended September 30, 2023 as against net profit / (loss) of Rs. 8.0117 crores for the period ended June 30, 2023.

The company has reported EPS of Rs. 1.98 for the period ended September 30, 2023 as compared to Rs. 0.99 for the period ended June 30, 2023.

Financials Q2 FY2024 Q1 FY2024 % Change
Total Income ₹ 54.7288 crs ₹69.1542 crs Up Tick / Down Tick-20.86%
Net Profit ₹16.0732 crs ₹8.0117 crs Up Tick / Down Tick100.62%
EPS ₹1.98 ₹0.99 Up Tick / Down Tick100.00%

Financial Results (Q2 FY2024) - YoY Comparison

The company has reported total income of Rs. 54.7288 crores during the period ended September 30, 2023 as compared to Rs.36.2875 crores during the period ended September 30, 2022.

The company has posted net profit / (loss) of Rs.16.0732 crores for the period ended September 30, 2023 as against net profit / (loss) of Rs.6.1429 crores for the period ended September 30, 2022.

The company has reported EPS of Rs.1.98 for the period ended September 30, 2023 as compared to Rs.0.76 for the period ended September 30, 2022.

Financials Q2 FY2024 Q2 FY2023 % Change
Total Income ₹ 54.7288 crs ₹36.2875 crs Up Tick / Down Tick50.82%
Net Profit ₹16.0732 crs ₹6.1429 crs Up Tick / Down Tick161.65%
EPS ₹1.98 ₹0.76 Up Tick / Down Tick160.53%

Financial Results (Half Year Ended FY2024) - YoY Comparison

The company has reported total income of Rs.123.8829 crores during the 6 Months period ended September 30, 2023 as compared to Rs.63.3373 crores during the 6 Months period ended September 30, 2022.

The company has posted net profit / (loss) of Rs.24.0813 crores for the 6 Months period ended September 30, 2023 as against net profit / (loss) of Rs.10.5248 crores for the 6 Months period ended September 30, 2022.

The company has reported EPS of Rs.2.97 for the 6 Months period ended September 30, 2023 as compared to Rs.1.30 for the 6 Months period ended September 30, 2022.

Financials Half Year Ended FY2024 Half Year Ended FY2023 % Change
Total Income ₹123.8829 crs ₹63.3373 crs Up Tick / Down Tick95.59%
Net Profit ₹24.0813 crs ₹10.5248 crs Up Tick / Down Tick128.81%
EPS ₹2.97 ₹1.30 Up Tick / Down Tick128.46%

Source : Equity Bulls

Keywords

Avantel Q2FY24 H1FY24 ResultUpdate