Responsive Industries Ltd consolidated Q2 FY24 PAT up at Rs. 40.18 crores

Responsive 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. 273.8027 crores during the period ended September 30, 2023 as compared to Rs. 265.6495 crores during the period ended June 30, 2023.

The company has posted net profit / (loss) of Rs. 40.1814 crores for the period ended September 30, 2023 as against net profit / (loss) of Rs. 29.5179 crores for the period ended June 30, 2023.

The company has reported EPS of Rs. 1.53 for the period ended September 30, 2023 as compared to Rs. 1.14 for the period ended June 30, 2023.

Financials	Q2 FY2024	Q1 FY2024	% Change
Total Income	₹ 273.8027 crs	₹265.6495 crs	3.07%
Net Profit	₹40.1814 crs	₹29.5179 crs	36.13%
EPS	₹1.53	₹1.14	34.21%

Financial Results (Q2 FY2024) - YoY Comparison

The company has reported total income of Rs. 273.8027 crores during the period ended September 30, 2023 as compared to Rs.250.3026 crores during the period ended September 30, 2022.

The company has posted net profit / (loss) of Rs.40.1814 crores for the period ended September 30, 2023 as against net profit / (loss) of Rs.-5.7370 crores for the period ended September 30, 2022.

The company has reported EPS of Rs.1.53 for the period ended September 30, 2023 as compared to Rs.-0.22 for the period ended September 30, 2022.

Financials	Q2 FY2024	Q2 FY2023	% Change
Total Income	₹ 273.8027 crs	₹250.3026 crs	9.39%
Net Profit	₹40.1814 crs	₹-5.7370 crs	800.39%
EPS	₹1.53	₹-0.22	795.45%

Financial Results (Half Year Ended FY2024) - YoY Comparison

The company has reported total income of Rs.539.4522 crores during the 6 Months period ended September 30, 2023 as compared to Rs.482.7884 crores during the 6 Months period ended September 30, 2022.

The company has posted net profit / (loss) of Rs.69.6993 crores for the 6 Months period ended September 30, 2023 as against net profit / (loss) of Rs.-14.3097 crores for the 6 Months period ended September 30, 2022.

The company has reported EPS of Rs.2.66 for the 6 Months period ended September 30, 2023 as compared to Rs.-0.55 for the 6 Months period ended September 30, 2022.

Financials	Half Year Ended FY2024	Half Year Ended FY2023	% Change
Total Income	₹539.4522 crs	₹482.7884 crs	11.74%
Net Profit	₹69.6993 crs	₹-14.3097 crs	587.08%
EPS	₹2.66	₹-0.55	583.64%

Shares of Responsive Industries Limited was last trading in BSE at Rs. 311.55 as compared to the previous close of Rs. 313.60. The total number of shares traded during the day was 37739 in over 1675 trades.

The stock hit an intraday high of Rs. 316.70 and intraday low of 306.30. The net turnover during the day was Rs. 11807695.00.

Source : Equity Bulls

Keywords

ResponsiveIndustries Q2FY24 H1FY24 ResultUpdate