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. 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	-11.05%
Net Profit	₹0.8055 crs	₹0.9572 crs	-15.85%
EPS	₹0.64	₹0.76	-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	84.65%
Net Profit	₹0.8055 crs	₹0.0869 crs	826.93%
EPS	₹0.64	₹0.07	814.29%

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	125.84%
Net Profit	₹1.7626 crs	₹0.1742 crs	911.83%
EPS	₹1.40	₹0.14	900.00%

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.