Stock Report

Cochin Minerals and Rutile Ltd Q2 FY2024 PAT up QoQ at Rs. 3.16 crore



Posted On : 2023-11-04 12:28:58( TIMEZONE : IST )

Cochin Minerals and Rutile Ltd Q2 FY2024 PAT up QoQ at Rs. 3.16 crore

COCHIN MINERALS & RUTILE 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. 50.9953 crores during the period ended September 30, 2023 as compared to Rs. 67.5352 crores during the period ended June 30, 2023.

The company has posted net profit / (loss) of Rs. 3.1673 crores for the period ended September 30, 2023 as against net profit / (loss) of Rs. 2.2659 crores for the period ended June 30, 2023.

The company has reported EPS of Rs. 4.05 for the period ended September 30, 2023 as compared to Rs. 2.89 for the period ended June 30, 2023.

Financials Q2 FY2024 Q1 FY2024 % Change
Total Income ₹ 50.9953 crs ₹67.5352 crs Up Tick / Down Tick-24.49%
Net Profit ₹3.1673 crs ₹2.2659 crs Up Tick / Down Tick39.78%
EPS ₹4.05 ₹2.89 Up Tick / Down Tick40.14%

Financial Results (Q2 FY2024) - YoY Comparison

The company has reported total income of Rs. 50.9953 crores during the period ended September 30, 2023 as compared to Rs.117.9924 crores during the period ended September 30, 2022.

The company has posted net profit / (loss) of Rs.3.1673 crores for the period ended September 30, 2023 as against net profit / (loss) of Rs.18.1840 crores for the period ended September 30, 2022.

The company has reported EPS of Rs.4.05 for the period ended September 30, 2023 as compared to Rs.23.22 for the period ended September 30, 2022.

Financials Q2 FY2024 Q2 FY2023 % Change
Total Income ₹ 50.9953 crs ₹117.9924 crs Up Tick / Down Tick-56.78%
Net Profit ₹3.1673 crs ₹18.1840 crs Up Tick / Down Tick-82.58%
EPS ₹4.05 ₹23.22 Up Tick / Down Tick-82.56%

Financial Results (Half Year Ended FY2024) - YoY Comparison

The company has reported total income of Rs.118.5305 crores during the 6 Months period ended September 30, 2023 as compared to Rs.217.1629 crores during the 6 Months period ended September 30, 2022.

The company has posted net profit / (loss) of Rs.5.4332 crores for the 6 Months period ended September 30, 2023 as against net profit / (loss) of Rs.26.6226 crores for the 6 Months period ended September 30, 2022.

The company has reported EPS of Rs.6.94 for the 6 Months period ended September 30, 2023 as compared to Rs.34 for the 6 Months period ended September 30, 2022.

Financials Half Year Ended FY2024 Half Year Ended FY2023 % Change
Total Income ₹118.5305 crs ₹217.1629 crs Up Tick / Down Tick-45.42%
Net Profit ₹5.4332 crs ₹26.6226 crs Up Tick / Down Tick-79.59%
EPS ₹6.94 ₹34 Up Tick / Down Tick-79.59%

Shares of COCHIN MINERALS & RUTILE LTD. was last trading in BSE at Rs. 251.40 as compared to the previous close of Rs. 266.70. The total number of shares traded during the day was 53146 in over 981 trades.

The stock hit an intraday high of Rs. 278.00 and intraday low of 247.00. The net turnover during the day was Rs. 13601892.00.

Source : Equity Bulls

Keywords

CochinMineralsandRutile Q2FY24 H1FY24 ResultUpdate