Go Fashion India Ltd Q2 FY2024 PAT drops QoQ to Rs. 20.04 crores

Go Fashion India 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. 192.7690 crores during the period ended September 30, 2023 as compared to Rs. 193.8107 crores during the period ended June 30, 2023.

The company has posted net profit / (loss) of Rs. 20.0417 crores for the period ended September 30, 2023 as against net profit / (loss) of Rs. 26.2795 crores for the period ended June 30, 2023.

The company has reported EPS of Rs. 3.71 for the period ended September 30, 2023 as compared to Rs. 4.87 for the period ended June 30, 2023.

Financials	Q2 FY2024	Q1 FY2024	% Change
Total Income	₹ 192.7690 crs	₹193.8107 crs	-0.54%
Net Profit	₹20.0417 crs	₹26.2795 crs	-23.74%
EPS	₹3.71	₹4.87	-23.82%

Financial Results (Q2 FY2024) - YoY Comparison

The company has reported total income of Rs. 192.7690 crores during the period ended September 30, 2023 as compared to Rs.167.3302 crores during the period ended September 30, 2022.

The company has posted net profit / (loss) of Rs.20.0417 crores for the period ended September 30, 2023 as against net profit / (loss) of Rs.19.27 crores for the period ended September 30, 2022.

The company has reported EPS of Rs.3.71 for the period ended September 30, 2023 as compared to Rs.3.57 for the period ended September 30, 2022.

Financials	Q2 FY2024	Q2 FY2023	% Change
Total Income	₹ 192.7690 crs	₹167.3302 crs	15.20%
Net Profit	₹20.0417 crs	₹19.27 crs	4.00%
EPS	₹3.71	₹3.57	3.92%

Financial Results (Half Year Ended FY2024) - YoY Comparison

The company has reported total income of Rs.386.4002 crores during the 6 Months period ended September 30, 2023 as compared to Rs.334.7994 crores during the 6 Months period ended September 30, 2022.

The company has posted net profit / (loss) of Rs.46.3212 crores for the 6 Months period ended September 30, 2023 as against net profit / (loss) of Rs.43.7087 crores for the 6 Months period ended September 30, 2022.

The company has reported EPS of Rs.8.58 for the 6 Months period ended September 30, 2023 as compared to Rs.8.09 for the 6 Months period ended September 30, 2022.

Financials	Half Year Ended FY2024	Half Year Ended FY2023	% Change
Total Income	₹386.4002 crs	₹334.7994 crs	15.41%
Net Profit	₹46.3212 crs	₹43.7087 crs	5.98%
EPS	₹8.58	₹8.09	6.06%

Shares of Go Fashion India Ltd was last trading in BSE at Rs. 1242.55 as compared to the previous close of Rs. 1246.05. The total number of shares traded during the day was 3687 in over 700 trades.

The stock hit an intraday high of Rs. 1264.20 and intraday low of 1228.85. The net turnover during the day was Rs. 4595957.00.

Source : Equity Bulls

Keywords

GoFashionIndia Q2FY24 H1FY24 ResultUpdate