Stock Report

Aether Industries Ltd Q2 FY2024 consolidated PAT rises to Rs. 36.67 crores



Posted On : 2023-10-31 23:05:59( TIMEZONE : IST )

Aether Industries Ltd Q2 FY2024 consolidated PAT rises to Rs. 36.67 crores

Aether Industries Limited has reported Consolidated financial results for the period ended September 30, 2023.

Financial Results (Q2 FY2024) - QoQ Comparison

The company has reported total income of Rs. 178.305 crores during the period ended September 30, 2023 as compared to Rs. 163.367 crores during the period ended June 30, 2023.

The company has posted net profit / (loss) of Rs. 36.677 crores for the period ended September 30, 2023 as against net profit / (loss) of Rs. 29.814 crores for the period ended June 30, 2023.

The company has reported EPS of Rs. 2.77 for the period ended September 30, 2023 as compared to Rs. 2.25 for the period ended June 30, 2023.

Financials Q2 FY2024 Q1 FY2024 % Change
Total Income ₹ 178.305 crs ₹163.367 crs Up Tick / Down Tick9.14%
Net Profit ₹36.677 crs ₹29.814 crs Up Tick / Down Tick23.02%
EPS ₹2.77 ₹2.25 Up Tick / Down Tick23.11%

Financial Results (Q2 FY2024) - YoY Comparison

The company has reported total income of Rs. 178.305 crores during the period ended September 30, 2023 as compared to Rs.146.568 crores during the period ended September 30, 2022.

The company has posted net profit / (loss) of Rs.36.677 crores for the period ended September 30, 2023 as against net profit / (loss) of Rs.27.20 crores for the period ended September 30, 2022.

The company has reported EPS of Rs.2.77 for the period ended September 30, 2023 as compared to Rs.2.19 for the period ended September 30, 2022.

Financials Q2 FY2024 Q2 FY2023 % Change
Total Income ₹ 178.305 crs ₹146.568 crs Up Tick / Down Tick21.65%
Net Profit ₹36.677 crs ₹27.20 crs Up Tick / Down Tick34.84%
EPS ₹2.77 ₹2.19 Up Tick / Down Tick26.48%

Financial Results (Half Year Ended FY2024) - YoY Comparison

The company has reported total income of Rs.341.671 crores during the 6 Months period ended September 30, 2023 as compared to Rs.312.738 crores during the 6 Months period ended September 30, 2022.

The company has posted net profit / (loss) of Rs.66.49 crores for the 6 Months period ended September 30, 2023 as against net profit / (loss) of Rs.57.82 crores for the 6 Months period ended September 30, 2022.

The company has reported EPS of Rs.5.02 for the 6 Months period ended September 30, 2023 as compared to Rs.4.64 for the 6 Months period ended September 30, 2022.

Financials Half Year Ended FY2024 Half Year Ended FY2023 % Change
Total Income ₹341.671 crs ₹312.738 crs Up Tick / Down Tick9.25%
Net Profit ₹66.49 crs ₹57.82 crs Up Tick / Down Tick14.99%
EPS ₹5.02 ₹4.64 Up Tick / Down Tick8.19%

Shares of Aether Industries Limited was last trading in BSE at Rs. 874.50 as compared to the previous close of Rs. 861.55. The total number of shares traded during the day was 8673 in over 1108 trades.

The stock hit an intraday high of Rs. 904.30 and intraday low of 859.90. The net turnover during the day was Rs. 7539533.00.

Source : Equity Bulls

Keywords

AetherIndustries Q2FY24 H1FY24 ResultUpdate