Stock Report

Artson Engineering Ltd Q2 FY2023-24 net profit higher at Rs. 3.20 crore



Posted On : 2023-10-16 22:56:06( TIMEZONE : IST )

Artson Engineering Ltd Q2 FY2023-24 net profit higher at Rs. 3.20 crore

ARTSON ENGINEERING LTD. 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. 30.1370 crores during the period ended September 30, 2023 as compared to Rs. 41.9026 crores during the period ended June 30, 2023.

The company has posted net profit / (loss) of Rs. 3.2099 crores for the period ended September 30, 2023 as against net profit / (loss) of Rs. 1.0310 crores for the period ended June 30, 2023.

The company has reported EPS of Rs. 0.87 for the period ended September 30, 2023 as compared to Rs. 0.28 for the period ended June 30, 2023.

Financials Q2 FY2024 Q1 FY2024 % Change
Total Income ₹ 30.1370 crs ₹41.9026 crs Up Tick / Down Tick-28.08%
Net Profit ₹3.2099 crs ₹1.0310 crs Up Tick / Down Tick211.34%
EPS ₹0.87 ₹0.28 Up Tick / Down Tick210.71%

Financial Results (Q2 FY2024) - YoY Comparison

The company has reported total income of Rs. 30.1370 crores during the period ended September 30, 2023 as compared to Rs.34.2118 crores during the period ended September 30, 2022.

The company has posted net profit / (loss) of Rs.3.2099 crores for the period ended September 30, 2023 as against net profit / (loss) of Rs.-6.6645 crores for the period ended September 30, 2022.

The company has reported EPS of Rs.0.87 for the period ended September 30, 2023 as compared to Rs.-1.81 for the period ended September 30, 2022.

Financials Q2 FY2024 Q2 FY2023 % Change
Total Income ₹ 30.1370 crs ₹34.2118 crs Up Tick / Down Tick-11.91%
Net Profit ₹3.2099 crs ₹-6.6645 crs Up Tick / Down Tick148.16%
EPS ₹0.87 ₹-1.81 Up Tick / Down Tick148.07%

Financial Results (Half Year Ended FY2024) - YoY Comparison

The company has reported total income of Rs.72.0396 crores during the 6 Months period ended September 30, 2023 as compared to Rs.71.6652 crores during the 6 Months period ended September 30, 2022.

The company has posted net profit / (loss) of Rs.4.2409 crores for the 6 Months period ended September 30, 2023 as against net profit / (loss) of Rs.-11.5577 crores for the 6 Months period ended September 30, 2022.

The company has reported EPS of Rs.1.15 for the 6 Months period ended September 30, 2023 as compared to Rs.-3.13 for the 6 Months period ended September 30, 2022.

Financials Half Year Ended FY2024 Half Year Ended FY2023 % Change
Total Income ₹72.0396 crs ₹71.6652 crs Up Tick / Down Tick0.52%
Net Profit ₹4.2409 crs ₹-11.5577 crs Up Tick / Down Tick136.69%
EPS ₹1.15 ₹-3.13 Up Tick / Down Tick136.74%

Shares of ARTSON ENGINEERING LTD. was last trading in BSE at Rs. 156.70 as compared to the previous close of Rs. 154.55. The total number of shares traded during the day was 26019 in over 100 trades.

The stock hit an intraday high of Rs. 156.70 and intraday low of 154.80. The net turnover during the day was Rs. 4043520.00.

Source : Equity Bulls

Keywords

ArtsonEngineering Q2FY24 H1FY24 ResultUpdate