Stock Report

Lactose India Ltd Q2 FY2023-24 net profit at Rs. 80.55 lakhs



Posted On : 2023-11-03 22:05:27( TIMEZONE : IST )

Lactose India Ltd Q2 FY2023-24 net profit at Rs. 80.55 lakhs

LACTOSE (INDIA) 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. 24.6826 crores during the period ended September 30, 2023 as compared to Rs. 27.7481 crores during the period ended June 30, 2023.

The company has posted net profit / (loss) of Rs. 0.8055 crores for the period ended September 30, 2023 as against net profit / (loss) of Rs. 0.9572 crores for the period ended June 30, 2023.

The company has reported EPS of Rs. 0.64 for the period ended September 30, 2023 as compared to Rs. 0.76 for the period ended June 30, 2023.

Financials Q2 FY2024 Q1 FY2024 % Change
Total Income ₹ 24.6826 crs ₹27.7481 crs Up Tick / Down Tick-11.05%
Net Profit ₹0.8055 crs ₹0.9572 crs Up Tick / Down Tick-15.85%
EPS ₹0.64 ₹0.76 Up Tick / Down Tick-15.79%

Financial Results (Q2 FY2024) - YoY Comparison

The company has reported total income of Rs. 24.6826 crores during the period ended September 30, 2023 as compared to Rs.13.3672 crores during the period ended September 30, 2022.

The company has posted net profit / (loss) of Rs.0.8055 crores for the period ended September 30, 2023 as against net profit / (loss) of Rs.0.0869 crores for the period ended September 30, 2022.

The company has reported EPS of Rs.0.64 for the period ended September 30, 2023 as compared to Rs.0.07 for the period ended September 30, 2022.

Financials Q2 FY2024 Q2 FY2023 % Change
Total Income ₹ 24.6826 crs ₹13.3672 crs Up Tick / Down Tick84.65%
Net Profit ₹0.8055 crs ₹0.0869 crs Up Tick / Down Tick826.93%
EPS ₹0.64 ₹0.07 Up Tick / Down Tick814.29%

Financial Results (Half Year Ended FY2024) - YoY Comparison

The company has reported total income of Rs.52.4307 crores during the 6 Months period ended September 30, 2023 as compared to Rs.23.2163 crores during the 6 Months period ended September 30, 2022.

The company has posted net profit / (loss) of Rs.1.7626 crores for the 6 Months period ended September 30, 2023 as against net profit / (loss) of Rs.0.1742 crores for the 6 Months period ended September 30, 2022.

The company has reported EPS of Rs.1.40 for the 6 Months period ended September 30, 2023 as compared to Rs.0.14 for the 6 Months period ended September 30, 2022.

Financials Half Year Ended FY2024 Half Year Ended FY2023 % Change
Total Income ₹52.4307 crs ₹23.2163 crs Up Tick / Down Tick125.84%
Net Profit ₹1.7626 crs ₹0.1742 crs Up Tick / Down Tick911.83%
EPS ₹1.40 ₹0.14 Up Tick / Down Tick900.00%

Shares of LACTOSE (INDIA) LTD. was last trading in BSE at Rs. 66.36 as compared to the previous close of Rs. 64.38. The total number of shares traded during the day was 9433 in over 56 trades.

The stock hit an intraday high of Rs. 67.24 and intraday low of 63.00. The net turnover during the day was Rs. 618269.00.

Source : Equity Bulls

Keywords

LactoseIndia Q2FY24 H1FY24 ResultUpdate