Stock Report

Aro Granite Industries Ltd Q2 FY24 net profit at Rs. 38.75 lakhs



Posted On : 2023-10-31 22:34:23( TIMEZONE : IST )

Aro Granite Industries Ltd Q2 FY24 net profit at Rs. 38.75 lakhs

Aro Granite Industries 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. 38.7178 crores during the period ended September 30, 2023 as compared to Rs. 52.0239 crores during the period ended June 30, 2023.

The company has posted net profit / (loss) of Rs. 0.3875 crores for the period ended September 30, 2023 as against net profit / (loss) of Rs. 1.3228 crores for the period ended June 30, 2023.

The company has reported EPS of Rs. 0.28 for the period ended September 30, 2023 as compared to Rs. 0.89 for the period ended June 30, 2023.

Financials Q2 FY2024 Q1 FY2024 % Change
Total Income ₹38.7178 crs ₹52.0239 crs Up Tick / Down Tick-25.58%
Net Profit ₹0.3875 crs ₹1.3228 crs Up Tick / Down Tick-70.71%
EPS ₹0.28 ₹0.89 Up Tick / Down Tick-68.54%

Financial Results (Q2 FY2024) - YoY Comparison

The company has reported total income of Rs.38.7178 crores during the period ended September 30, 2023 as compared to Rs.38.5006 crores during the period ended September 30, 2022.

The company has posted net profit / (loss) of Rs.0.3875 crores for the period ended September 30, 2023 as against net profit / (loss) of Rs.0.6848 crores for the period ended September 30, 2022.

The company has reported EPS of Rs.0.28 for the period ended September 30, 2023 as compared to Rs.0.45 for the period ended September 30, 2022.

Financials Q2 FY2024 Q2 FY2023 % Change
Total Income ₹38.7178 crs ₹38.5006 crs Up Tick / Down Tick0.56%
Net Profit ₹0.3875 crs ₹0.6848 crs Up Tick / Down Tick-43.41%
EPS ₹0.28 ₹0.45 Up Tick / Down Tick-37.78%

Financial Results (Half Year Ended FY2024) - YoY Comparison

The company has reported total income of Rs.90.7416 crores during the 6 Months period ended September 30, 2023 as compared to Rs.83.4102 crores during the 6 Months period ended September 30, 2022.

The company has posted net profit / (loss) of Rs.1.7106 crores for the 6 Months period ended September 30, 2023 as against net profit / (loss) of Rs.0.8641 crores for the 6 Months period ended September 30, 2022.

The company has reported EPS of Rs.1.16 for the 6 Months period ended September 30, 2023 as compared to Rs.0.56 for the 6 Months period ended September 30, 2022.

Financials Half Year Ended FY2024 Half Year Ended FY2023 % Change
Total Income ₹90.7416 crs ₹83.4102 crs Up Tick / Down Tick8.79%
Net Profit ₹1.7106 crs ₹0.8641 crs Up Tick / Down Tick97.96%
EPS ₹1.16 ₹0.56 Up Tick / Down Tick107.14%

Shares of Aro Granite Industries Limited was last trading in BSE at Rs. 50.09 as compared to the previous close of Rs. 52.25. The total number of shares traded during the day was 2364 in over 23 trades.

The stock hit an intraday high of Rs. 52.50 and intraday low of 50.00. The net turnover during the day was Rs. 120818.00.

Source : Equity Bulls

Keywords

AroGraniteIndustries Q2FY24 H1FY24 ResultUpdate