Stock Report

Syrma SGS Technology Ltd consolidated Q2 FY24 net profit lower at Rs. 28.34 crores



Posted On : 2023-11-02 08:31:37( TIMEZONE : IST )

Syrma SGS Technology Ltd consolidated Q2 FY24 net profit lower at Rs. 28.34 crores

Syrma SGS Technology 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. 720.624 crores during the period ended September 30, 2023 as compared to Rs. 623.387 crores during the period ended June 30, 2023.

The company has posted net profit / (loss) of Rs. 28.348 crores for the period ended September 30, 2023 as against net profit / (loss) of Rs. 28.518 crores for the period ended June 30, 2023.

The company has reported EPS of Rs. 1.59 for the period ended September 30, 2023 as compared to Rs. 1.60 for the period ended June 30, 2023.

Financials Q2 FY2024 Q1 FY2024 % Change
Total Income ₹ 720.624 crs ₹623.387 crs Up Tick / Down Tick15.60%
Net Profit ₹28.348 crs ₹28.518 crs Up Tick / Down Tick-0.60%
EPS ₹1.59 ₹1.60 Up Tick / Down Tick-0.62%

Financial Results (Q2 FY2024) - YoY Comparison

The company has reported total income of Rs. 720.624 crores during the period ended September 30, 2023 as compared to Rs.475.089 crores during the period ended September 30, 2022.

The company has posted net profit / (loss) of Rs.28.348 crores for the period ended September 30, 2023 as against net profit / (loss) of Rs.28.227 crores for the period ended September 30, 2022.

The company has reported EPS of Rs.1.59 for the period ended September 30, 2023 as compared to Rs.1.86 for the period ended September 30, 2022.

Financials Q2 FY2024 Q2 FY2023 % Change
Total Income ₹ 720.624 crs ₹475.089 crs Up Tick / Down Tick51.68%
Net Profit ₹28.348 crs ₹28.227 crs Up Tick / Down Tick0.43%
EPS ₹1.59 ₹1.86 Up Tick / Down Tick-14.52%

Financial Results (Half Year Ended FY2024) - YoY Comparison

The company has reported total income of Rs.1344.009 crores during the 6 Months period ended September 30, 2023 as compared to Rs.865.044 crores during the 6 Months period ended September 30, 2022.

The company has posted net profit / (loss) of Rs.56.868 crores for the 6 Months period ended September 30, 2023 as against net profit / (loss) of Rs.43.808 crores for the 6 Months period ended September 30, 2022.

The company has reported EPS of Rs.3.19 for the 6 Months period ended September 30, 2023 as compared to Rs.3.07 for the 6 Months period ended September 30, 2022.

Financials Half Year Ended FY2024 Half Year Ended FY2023 % Change
Total Income ₹1344.009 crs ₹865.044 crs Up Tick / Down Tick55.37%
Net Profit ₹56.868 crs ₹43.808 crs Up Tick / Down Tick29.81%
EPS ₹3.19 ₹3.07 Up Tick / Down Tick3.91%

Shares of Syrma SGS Technology Limited was last trading in BSE at Rs. 597.30 as compared to the previous close of Rs. 618.05. The total number of shares traded during the day was 38596 in over 1412 trades.

The stock hit an intraday high of Rs. 627.75 and intraday low of 593.05. The net turnover during the day was Rs. 23616728.00.

Source : Equity Bulls

Keywords

SyrmaSGSTechnology Q2FY24 H1FY24 ResultUpdate