Stock Report

Franklin Industries Ltd Q2 FY2024 PAT soars to Rs. 74.83 lakhs

Posted On : 2023-10-31 23:26:52( TIMEZONE : IST )

Franklin Industries 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. 8.5276 crores during the period ended September 30, 2023 as compared to Rs. 7.3430 crores during the period ended June 30, 2023.

The company has posted net profit / (loss) of Rs. 0.7483 crores for the period ended September 30, 2023 as against net profit / (loss) of Rs. 0.6027 crores for the period ended June 30, 2023.

The company has reported EPS of Rs. 2.07 for the period ended September 30, 2023 as compared to Rs. 1.67 for the period ended June 30, 2023.

Financials	Q2 FY2024	Q1 FY2024	% Change
Total Income	₹8.5276 crs	₹7.3430 crs	16.13%
Net Profit	₹0.7483 crs	₹0.6027 crs	24.16%
EPS	₹2.07	₹1.67	23.95%

Financial Results (Q2 FY2024) - YoY Comparison

The company has reported total income of Rs.8.5276 crores during the period ended September 30, 2023 as compared to Rs.1.7019 crores during the period ended September 30, 2022.

The company has posted net profit / (loss) of Rs.0.7483 crores for the period ended September 30, 2023 as against net profit / (loss) of Rs.0.18 crores for the period ended September 30, 2022.

The company has reported EPS of Rs.2.07 for the period ended September 30, 2023 as compared to Rs.0.50 for the period ended September 30, 2022.

Financials	Q2 FY2024	Q2 FY2023	% Change
Total Income	₹8.5276 crs	₹1.7019 crs	401.06%
Net Profit	₹0.7483 crs	₹0.18 crs	315.72%
EPS	₹2.07	₹0.50	314.00%

Financial Results (Half Year Ended FY2024) - YoY Comparison

The company has reported total income of Rs.15.8706 crores during the 6 Months period ended September 30, 2023 as compared to Rs.4.2255 crores during the 6 Months period ended September 30, 2022.

The company has posted net profit / (loss) of Rs.1.3510 crores for the 6 Months period ended September 30, 2023 as against net profit / (loss) of Rs.0.2552 crores for the 6 Months period ended September 30, 2022.

The company has reported EPS of Rs.3.74 for the 6 Months period ended September 30, 2023 as compared to Rs.0.71 for the 6 Months period ended September 30, 2022.

Financials	Half Year Ended FY2024	Half Year Ended FY2023	% Change
Total Income	₹15.8706 crs	₹4.2255 crs	275.59%
Net Profit	₹1.3510 crs	₹0.2552 crs	429.39%
EPS	₹3.74	₹0.71	426.76%

Shares of Franklin Industries Ltd was last trading in BSE at Rs. 37.50 as compared to the previous close of Rs. 36.08. The total number of shares traded during the day was 24058 in over 40 trades.

The stock hit an intraday high of Rs. 37.50 and intraday low of 34.28. The net turnover during the day was Rs. 840847.00.