Stock Report

Amal Ltd consolidated Q2FY24 net profit up at Rs. 1.71 crore



Posted On : 2023-10-14 19:05:20( TIMEZONE : IST )

Amal Ltd consolidated Q2FY24 net profit up at Rs. 1.71 crore

AMAL LTD. 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. 22.2269 crores during the period ended September 30, 2023 as compared to Rs. 16.8263 crores during the period ended June 30, 2023.

The company has posted net profit / (loss) of Rs. 1.7149 crores for the period ended September 30, 2023 as against net profit / (loss) of Rs. -2.6496 crores for the period ended June 30, 2023.

The company has reported EPS of Rs. 1.39 for the period ended September 30, 2023 as compared to Rs. -2.14 for the period ended June 30, 2023.

Financials Q2 FY2024 Q1 FY2024 % Change
Total Income ₹ 22.2269 crs ₹16.8263 crs Up Tick / Down Tick32.10%
Net Profit ₹1.7149 crs ₹-2.6496 crs Up Tick / Down Tick164.72%
EPS ₹1.39 ₹-2.14 Up Tick / Down Tick164.95%

Financial Results (Q2 FY2024) - YoY Comparison

The company has reported total income of Rs. 22.2269 crores during the period ended September 30, 2023 as compared to Rs.14.9007 crores during the period ended September 30, 2022.

The company has posted net profit / (loss) of Rs.1.7149 crores for the period ended September 30, 2023 as against net profit / (loss) of Rs.-5.9821 crores for the period ended September 30, 2022.

The company has reported EPS of Rs.1.39 for the period ended September 30, 2023 as compared to Rs.-6.06 for the period ended September 30, 2022.

Financials Q2 FY2024 Q2 FY2023 % Change
Total Income ₹ 22.2269 crs ₹14.9007 crs Up Tick / Down Tick49.17%
Net Profit ₹1.7149 crs ₹-5.9821 crs Up Tick / Down Tick128.67%
EPS ₹1.39 ₹-6.06 Up Tick / Down Tick122.94%

Financial Results (Half Year Ended FY2024) - YoY Comparison

The company has reported total income of Rs.39.0532 crores during the 6 Months period ended September 30, 2023 as compared to Rs.25.8253 crores during the 6 Months period ended September 30, 2022.

The company has posted net profit / (loss) of Rs.-0.9347 crores for the 6 Months period ended September 30, 2023 as against net profit / (loss) of Rs.-7.7832 crores for the 6 Months period ended September 30, 2022.

The company has reported EPS of Rs.-0.76 for the 6 Months period ended September 30, 2023 as compared to Rs.-7.88 for the 6 Months period ended September 30, 2022.

Financials Half Year Ended FY2024 Half Year Ended FY2023 % Change
Total Income ₹39.0532 crs ₹25.8253 crs Up Tick / Down Tick51.22%
Net Profit ₹-0.9347 crs ₹-7.7832 crs Up Tick / Down Tick87.99%
EPS ₹-0.76 ₹-7.88 Up Tick / Down Tick90.36%

Shares of AMAL LTD. was last trading in BSE at Rs. 338.05 as compared to the previous close of Rs. 332.80. The total number of shares traded during the day was 50611 in over 870 trades.

The stock hit an intraday high of Rs. 369.30 and intraday low of 317.05. The net turnover during the day was Rs. 17451847.00.

Source : Equity Bulls

Keywords

Amal Q2FY24 H1FY24 ResultUpdate