Stock Report

Jai Balaji Industries Ltd Q2 FY2023-24 consolidated net profit climbs to Rs. 201.55 crores

Posted On : 2023-10-16 22:29:44( TIMEZONE : IST )

Jai Balaji Industries Limited 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. 1574.2217 crores during the period ended September 30, 2023 as compared to Rs. 1490.3869 crores during the period ended June 30, 2023.

The company has posted net profit / (loss) of Rs. 201.5545 crores for the period ended September 30, 2023 as against net profit / (loss) of Rs. 170.4310 crores for the period ended June 30, 2023.

The company has reported EPS of Rs. 11.22 for the period ended September 30, 2023 as compared to Rs. 9.61 for the period ended June 30, 2023.

Financials	Q2 FY2024	Q1 FY2024	% Change
Total Income	₹1574.2217 crs	₹1490.3869 crs	5.63%
Net Profit	₹201.5545 crs	₹170.4310 crs	18.26%
EPS	₹11.22	₹9.61	16.75%

Financial Results (Q2 FY2024) - YoY Comparison

The company has reported total income of Rs.1574.2217 crores during the period ended September 30, 2023 as compared to Rs.1374.0091 crores during the period ended September 30, 2022.

The company has posted net profit / (loss) of Rs.201.5545 crores for the period ended September 30, 2023 as against net profit / (loss) of Rs.21.1808 crores for the period ended September 30, 2022.

The company has reported EPS of Rs.11.22 for the period ended September 30, 2023 as compared to Rs.0.85 for the period ended September 30, 2022.

Financials	Q2 FY2024	Q2 FY2023	% Change
Total Income	₹1574.2217 crs	₹1374.0091 crs	14.57%
Net Profit	₹201.5545 crs	₹21.1808 crs	851.59%
EPS	₹11.22	₹0.85	1,220.00%

Financial Results (Half Year Ended FY2024) - YoY Comparison

The company has reported total income of Rs.3064.6086 crores during the 6 Months period ended September 30, 2023 as compared to Rs.2875.9182 crores during the 6 Months period ended September 30, 2022.

The company has posted net profit / (loss) of Rs.371.9855 crores for the 6 Months period ended September 30, 2023 as against net profit / (loss) of Rs.42.9983 crores for the 6 Months period ended September 30, 2022.

The company has reported EPS of Rs.20.83 for the 6 Months period ended September 30, 2023 as compared to Rs.2.80 for the 6 Months period ended September 30, 2022.

Financials	Half Year Ended FY2024	Half Year Ended FY2023	% Change
Total Income	₹3064.6086 crs	₹2875.9182 crs	6.56%
Net Profit	₹371.9855 crs	₹42.9983 crs	765.12%
EPS	₹20.83	₹2.80	643.93%

Shares of Jai Balaji Industries Limited was last trading in BSE at Rs. 591.25 as compared to the previous close of Rs. 563.10. The total number of shares traded during the day was 81162 in over 515 trades.

The stock hit an intraday high of Rs. 591.25 and intraday low of 580.05. The net turnover during the day was Rs. 47947850.00.