Lyka Labs Ltd consolidated Q2FY24 loss at Rs. 48.65 lakhs

Lyka Labs 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. 28.2327 crores during the period ended September 30, 2023 as compared to Rs. 23.2526 crores during the period ended June 30, 2023.

The company has posted net profit / (loss) of Rs. -0.4865 crores for the period ended September 30, 2023 as against net profit / (loss) of Rs. -1.8467 crores for the period ended June 30, 2023.

The company has reported EPS of Rs. -0.16 for the period ended September 30, 2023 as compared to Rs. -0.57 for the period ended June 30, 2023.

Financials	Q2 FY2024	Q1 FY2024	% Change
Total Income	₹ 28.2327 crs	₹23.2526 crs	21.42%
Net Profit	₹-0.4865 crs	₹-1.8467 crs	73.66%
EPS	₹-0.16	₹-0.57	71.93%

Financial Results (Q2 FY2024) - YoY Comparison

The company has reported total income of Rs. 28.2327 crores during the period ended September 30, 2023 as compared to Rs.26.7163 crores during the period ended September 30, 2022.

The company has posted net profit / (loss) of Rs.-0.4865 crores for the period ended September 30, 2023 as against net profit / (loss) of Rs.-0.3838 crores for the period ended September 30, 2022.

The company has reported EPS of Rs.-0.16 for the period ended September 30, 2023 as compared to Rs.-0.14 for the period ended September 30, 2022.

Financials	Q2 FY2024	Q2 FY2023	% Change
Total Income	₹ 28.2327 crs	₹26.7163 crs	5.68%
Net Profit	₹-0.4865 crs	₹-0.3838 crs	26.76%
EPS	₹-0.16	₹-0.14	14.29%

Financial Results (Half Year Ended FY2024) - YoY Comparison

The company has reported total income of Rs.51.4853 crores during the 6 Months period ended September 30, 2023 as compared to Rs.54.9261 crores during the 6 Months period ended September 30, 2022.

The company has posted net profit / (loss) of Rs.-2.3332 crores for the 6 Months period ended September 30, 2023 as against net profit / (loss) of Rs.0.2115 crores for the 6 Months period ended September 30, 2022.

The company has reported EPS of Rs.-0.73 for the 6 Months period ended September 30, 2023 as compared to Rs.0.05 for the 6 Months period ended September 30, 2022.

Financials	Half Year Ended FY2024	Half Year Ended FY2023	% Change
Total Income	₹51.4853 crs	₹54.9261 crs	-6.26%
Net Profit	₹-2.3332 crs	₹0.2115 crs	-1,203.17%
EPS	₹-0.73	₹0.05	-1,560.00%

Shares of Lyka Labs Limited was last trading in BSE at Rs. 109.70 as compared to the previous close of Rs. 108.70. The total number of shares traded during the day was 13795 in over 623 trades.

The stock hit an intraday high of Rs. 113.85 and intraday low of 109.00. The net turnover during the day was Rs. 1534267.00.

Source : Equity Bulls

Keywords

LykaLabs Q2FY24 H1FY24 ResultUpdate