Stock Report

Andhra Cements Ltd Q2FY24 loss at Rs. 98 lakhs



Posted On : 2023-10-20 17:21:27( TIMEZONE : IST )

Andhra Cements Ltd Q2FY24 loss at Rs. 98 lakhs

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. 65.40 crores during the period ended September 30, 2023 as compared to Rs. 13.56 crores during the period ended June 30, 2023.

The company has posted net profit / (loss) of Rs. -0.98 crores for the period ended September 30, 2023 as against net profit / (loss) of Rs. -24.66 crores for the period ended June 30, 2023.

The company has reported EPS of Rs. -0.11 for the period ended September 30, 2023 as compared to Rs. -2.68 for the period ended June 30, 2023.

Financials Q2 FY2024 Q1 FY2024 % Change
Total Income ₹ 65.40 crs ₹13.56 crs Up Tick / Down Tick382.30%
Net Profit ₹-0.98 crs ₹-24.66 crs Up Tick / Down Tick96.03%
EPS ₹-0.11 ₹-2.68 Up Tick / Down Tick95.90%

Financial Results (Q2 FY2024) - YoY Comparison

The company has reported total income of Rs. 65.40 crores during the period ended September 30, 2023 as compared to Rs.0.28 crores during the period ended September 30, 2022.

The company has posted net profit / (loss) of Rs.-0.98 crores for the period ended September 30, 2023 as against net profit / (loss) of Rs.-58.23 crores for the period ended September 30, 2022.

The company has reported EPS of Rs.-0.11 for the period ended September 30, 2023 as compared to Rs.-1.98 for the period ended September 30, 2022.

Financials Q2 FY2024 Q2 FY2023 % Change
Total Income ₹ 65.40 crs ₹0.28 crs Up Tick / Down Tick23,257.14%
Net Profit ₹-0.98 crs ₹-58.23 crs Up Tick / Down Tick98.32%
EPS ₹-0.11 ₹-1.98 Up Tick / Down Tick94.44%

Financial Results (Half Year Ended FY2024) - YoY Comparison

The company has reported total income of Rs.78.96 crores during the 6 Months period ended September 30, 2023 as compared to Rs.0.42 crores during the 6 Months period ended September 30, 2022.

The company has posted net profit / (loss) of Rs.-25.64 crores for the 6 Months period ended September 30, 2023 as against net profit / (loss) of Rs.-114.96 crores for the 6 Months period ended September 30, 2022.

The company has reported EPS of Rs.-2.78 for the 6 Months period ended September 30, 2023 as compared to Rs.-3.92 for the 6 Months period ended September 30, 2022.

Financials Half Year Ended FY2024 Half Year Ended FY2023 % Change
Total Income ₹78.96 crs ₹0.42 crs Up Tick / Down Tick18,700.00%
Net Profit ₹-25.64 crs ₹-114.96 crs Up Tick / Down Tick77.70%
EPS ₹-2.78 ₹-3.92 Up Tick / Down Tick29.08%

Source : Equity Bulls

Keywords

AndhraCements Q2FY24 H1FY24 ResultUpdate