Stock Report

Plastiblends India Ltd Q2FY24 PAT rises to Rs. 9.52 crores



Posted On : 2023-10-11 22:59:52( TIMEZONE : IST )

Plastiblends India Ltd Q2FY24 PAT rises to Rs. 9.52 crores

Plastiblends India Limited has reported Standalone financial results for the period ended September 30, 2023.

Financial Results (Q2 FY2024) - QoQ Comparison

The company has reported total income of Rs. 213.0402 crores during the period ended September 30, 2023 as compared to Rs. 197.0040 crores during the period ended June 30, 2023.

The company has posted net profit / (loss) of Rs. 9.5286 crores for the period ended September 30, 2023 as against net profit / (loss) of Rs. 7.6490 crores for the period ended June 30, 2023.

The company has reported EPS of Rs. 3.67 for the period ended September 30, 2023 as compared to Rs. 2.94 for the period ended June 30, 2023.

Financials Q2 FY2024 Q1 FY2024 % Change
Total Income ₹213.0402 crs ₹197.0040 crs Up Tick / Down Tick8.14%
Net Profit ₹9.5286 crs ₹7.6490 crs Up Tick / Down Tick24.57%
EPS ₹3.67 ₹2.94 Up Tick / Down Tick24.83%

Financial Results (Q2 FY2024) - YoY Comparison

The company has reported total income of Rs.213.0402 crores during the period ended September 30, 2023 as compared to Rs.182.5295 crores during the period ended September 30, 2022.

The company has posted net profit / (loss) of Rs.9.5286 crores for the period ended September 30, 2023 as against net profit / (loss) of Rs.4.2069 crores for the period ended September 30, 2022.

The company has reported EPS of Rs.3.67 for the period ended September 30, 2023 as compared to Rs.1.62 for the period ended September 30, 2022.

Financials Q2 FY2024 Q2 FY2023 % Change
Total Income ₹213.0402 crs ₹182.5295 crs Up Tick / Down Tick16.72%
Net Profit ₹9.5286 crs ₹4.2069 crs Up Tick / Down Tick126.50%
EPS ₹3.67 ₹1.62 Up Tick / Down Tick126.54%

Financial Results (Half Year Ended FY2024) - YoY Comparison

The company has reported total income of Rs.410.0442 crores during the 6 Months period ended September 30, 2023 as compared to Rs.389.2636 crores during the 6 Months period ended September 30, 2022.

The company has posted net profit / (loss) of Rs.17.1776 crores for the 6 Months period ended September 30, 2023 as against net profit / (loss) of Rs.14.1884 crores for the 6 Months period ended September 30, 2022.

The company has reported EPS of Rs.6.61 for the 6 Months period ended September 30, 2023 as compared to Rs.5.46 for the 6 Months period ended September 30, 2022.

Financials Half Year Ended FY2024 Half Year Ended FY2023 % Change
Total Income ₹410.0442 crs ₹389.2636 crs Up Tick / Down Tick5.34%
Net Profit ₹17.1776 crs ₹14.1884 crs Up Tick / Down Tick21.07%
EPS ₹6.61 ₹5.46 Up Tick / Down Tick21.06%

Shares of Plastiblends India Limited was last trading in BSE at Rs. 237.10 as compared to the previous close of Rs. 232.95. The total number of shares traded during the day was 3705 in over 346 trades.

The stock hit an intraday high of Rs. 239.00 and intraday low of 234.25. The net turnover during the day was Rs. 877497.00.

Source : Equity Bulls

Keywords

PlastiblendsIndia Q2FY24 H1FY24 ResultUpdate