Choice International Ltd consolidated Q2FY24 net profit up at Rs. 29.91 crores

CHOICE INTERNATIONAL 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. 193.8760 crores during the period ended September 30, 2023 as compared to Rs. 139.2582 crores during the period ended June 30, 2023.

The company has posted net profit / (loss) of Rs. 29.9168 crores for the period ended September 30, 2023 as against net profit / (loss) of Rs. 21.2654 crores for the period ended June 30, 2023.

The company has reported EPS of Rs. 2.98 for the period ended September 30, 2023 as compared to Rs. 2.12 for the period ended June 30, 2023.

Financials	Q2 FY2024	Q1 FY2024	% Change
Total Income	₹ 193.8760 crs	₹139.2582 crs	39.22%
Net Profit	₹29.9168 crs	₹21.2654 crs	40.68%
EPS	₹2.98	₹2.12	40.57%

Financial Results (Q2 FY2024) - YoY Comparison

The company has reported total income of Rs. 193.8760 crores during the period ended September 30, 2023 as compared to Rs.78.4915 crores during the period ended September 30, 2022.

The company has posted net profit / (loss) of Rs.29.9168 crores for the period ended September 30, 2023 as against net profit / (loss) of Rs.8.2141 crores for the period ended September 30, 2022.

The company has reported EPS of Rs.2.98 for the period ended September 30, 2023 as compared to Rs.0.83 for the period ended September 30, 2022.

Financials	Q2 FY2024	Q2 FY2023	% Change
Total Income	₹ 193.8760 crs	₹78.4915 crs	147.00%
Net Profit	₹29.9168 crs	₹8.2141 crs	264.21%
EPS	₹2.98	₹0.83	259.04%

Financial Results (Half Year Ended FY2024) - YoY Comparison

The company has reported total income of Rs.333.1342 crores during the 6 Months period ended September 30, 2023 as compared to Rs.157.2032 crores during the 6 Months period ended September 30, 2022.

The company has posted net profit / (loss) of Rs.51.1822 crores for the 6 Months period ended September 30, 2023 as against net profit / (loss) of Rs.15.9042 crores for the 6 Months period ended September 30, 2022.

The company has reported EPS of Rs.5.10 for the 6 Months period ended September 30, 2023 as compared to Rs.1.60 for the 6 Months period ended September 30, 2022.

Financials	Half Year Ended FY2024	Half Year Ended FY2023	% Change
Total Income	₹333.1342 crs	₹157.2032 crs	111.91%
Net Profit	₹51.1822 crs	₹15.9042 crs	221.82%
EPS	₹5.10	₹1.60	218.75%

Shares of CHOICE INTERNATIONAL LTD. was last trading in BSE at Rs. 428.85 as compared to the previous close of Rs. 422.85. The total number of shares traded during the day was 45728 in over 1169 trades.

The stock hit an intraday high of Rs. 436.00 and intraday low of 423.50. The net turnover during the day was Rs. 19645418.00.

Source : Equity Bulls

Keywords

ChoiceInternational Q2FY24 H1FY24 ResultUpdate