Stock Report

Insecticides India reports jump in Q2 FY24 consolidated PAT to Rs. 53.15 crores



Posted On : 2023-11-02 23:33:24( TIMEZONE : IST )

Insecticides India reports jump in Q2 FY24 consolidated PAT to Rs. 53.15 crores

Insecticides (India) 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. 695.8141 crores during the period ended September 30, 2023 as compared to Rs. 643.8407 crores during the period ended June 30, 2023.

The company has posted net profit / (loss) of Rs. 53.1532 crores for the period ended September 30, 2023 as against net profit / (loss) of Rs. 29.1415 crores for the period ended June 30, 2023.

The company has reported EPS of Rs. 17.95 for the period ended September 30, 2023 as compared to Rs. 9.85 for the period ended June 30, 2023.

Financials Q2 FY2024 Q1 FY2024 % Change
Total Income ₹ 695.8141 crs ₹643.8407 crs Up Tick / Down Tick8.07%
Net Profit ₹53.1532 crs ₹29.1415 crs Up Tick / Down Tick82.40%
EPS ₹17.95 ₹9.85 Up Tick / Down Tick82.23%

Financial Results (Q2 FY2024) - YoY Comparison

The company has reported total income of Rs. 695.8141 crores during the period ended September 30, 2023 as compared to Rs.582.4929 crores during the period ended September 30, 2022.

The company has posted net profit / (loss) of Rs.53.1532 crores for the period ended September 30, 2023 as against net profit / (loss) of Rs.44.8330 crores for the period ended September 30, 2022.

The company has reported EPS of Rs.17.95 for the period ended September 30, 2023 as compared to Rs.15.15 for the period ended September 30, 2022.

Financials Q2 FY2024 Q2 FY2023 % Change
Total Income ₹ 695.8141 crs ₹582.4929 crs Up Tick / Down Tick19.45%
Net Profit ₹53.1532 crs ₹44.8330 crs Up Tick / Down Tick18.56%
EPS ₹17.95 ₹15.15 Up Tick / Down Tick18.48%

Financial Results (Half Year Ended FY2024) - YoY Comparison

The company has reported total income of Rs.1339.6548 crores during the 6 Months period ended September 30, 2023 as compared to Rs.1143.3764 crores during the 6 Months period ended September 30, 2022.

The company has posted net profit / (loss) of Rs.82.2947 crores for the 6 Months period ended September 30, 2023 as against net profit / (loss) of Rs.83.1420 crores for the 6 Months period ended September 30, 2022.

The company has reported EPS of Rs.27.80 for the 6 Months period ended September 30, 2023 as compared to Rs.28.09 for the 6 Months period ended September 30, 2022.

Financials Half Year Ended FY2024 Half Year Ended FY2023 % Change
Total Income ₹1339.6548 crs ₹1143.3764 crs Up Tick / Down Tick17.17%
Net Profit ₹82.2947 crs ₹83.1420 crs Up Tick / Down Tick-1.02%
EPS ₹27.80 ₹28.09 Up Tick / Down Tick-1.03%

Shares of Insecticides (India) Limited was last trading in BSE at Rs. 518.65 as compared to the previous close of Rs. 509.90. The total number of shares traded during the day was 4582 in over 729 trades.

The stock hit an intraday high of Rs. 532.55 and intraday low of 507.50. The net turnover during the day was Rs. 2379789.00.

Source : Equity Bulls

Keywords

InsecticidesIndia Q2FY24 H1FY24 ResultUpdate