Stock Report

Welspun Investments and Commercials Ltd Q2FY24 PAT at Rs. 2.85 crore



Posted On : 2023-10-20 12:05:01( TIMEZONE : IST )

Welspun Investments and Commercials Ltd Q2FY24 PAT at Rs. 2.85 crore

Welspun Investments and Commercials 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. 3.8640 crores during the period ended September 30, 2023 as compared to Rs. 0.0181 crores during the period ended June 30, 2023.

The company has posted net profit / (loss) of Rs. 2.8565 crores for the period ended September 30, 2023 as against net profit / (loss) of Rs. -0.0643 crores for the period ended June 30, 2023.

The company has reported EPS of Rs. 7.82 for the period ended September 30, 2023 as compared to Rs. -0.18 for the period ended June 30, 2023.

Financials Q2 FY2024 Q1 FY2024 % Change
Total Income ₹3.8640 crs ₹0.0181 crs Up Tick / Down Tick21,248.07%
Net Profit ₹2.8565 crs ₹-0.0643 crs Up Tick / Down Tick4,542.46%
EPS ₹7.82 ₹-0.18 Up Tick / Down Tick4,444.44%

Financial Results (Q2 FY2024) - YoY Comparison

The company has reported total income of Rs.3.8640 crores during the period ended September 30, 2023 as compared to Rs.4.0034 crores during the period ended September 30, 2022.

The company has posted net profit / (loss) of Rs.2.8565 crores for the period ended September 30, 2023 as against net profit / (loss) of Rs.2.9389 crores for the period ended September 30, 2022.

The company has reported EPS of Rs.7.82 for the period ended September 30, 2023 as compared to Rs.8.05 for the period ended September 30, 2022.

Financials Q2 FY2024 Q2 FY2023 % Change
Total Income ₹3.8640 crs ₹4.0034 crs Up Tick / Down Tick-3.48%
Net Profit ₹2.8565 crs ₹2.9389 crs Up Tick / Down Tick-2.80%
EPS ₹7.82 ₹8.05 Up Tick / Down Tick-2.86%

Financial Results (Half Year Ended FY2024) - YoY Comparison

The company has reported total income of Rs.3.8821 crores during the 6 Months period ended September 30, 2023 as compared to Rs.4.1304 crores during the 6 Months period ended September 30, 2022.

The company has posted net profit / (loss) of Rs.2.7922 crores for the 6 Months period ended September 30, 2023 as against net profit / (loss) of Rs.2.9803 crores for the 6 Months period ended September 30, 2022.

The company has reported EPS of Rs.7.64 for the 6 Months period ended September 30, 2023 as compared to Rs.8.16 for the 6 Months period ended September 30, 2022.

Financials Half Year Ended FY2024 Half Year Ended FY2023 % Change
Total Income ₹3.8821 crs ₹4.1304 crs Up Tick / Down Tick-6.01%
Net Profit ₹2.7922 crs ₹2.9803 crs Up Tick / Down Tick-6.31%
EPS ₹7.64 ₹8.16 Up Tick / Down Tick-6.37%

Shares of Welspun Investments and Commercials Limited was last trading in BSE at Rs. 590.00 as compared to the previous close of Rs. 600.10. The total number of shares traded during the day was 259 in over 36 trades.

The stock hit an intraday high of Rs. 591.05 and intraday low of 580.05. The net turnover during the day was Rs. 151405.00.

Source : Equity Bulls

Keywords

WelspunInvestmentsandCommercials Q2FY24 H1FY24 ResultUpdate