Stock Report

Amarjothi Spinning Mills Ltd consolidated Q2 FY2024 net profit rises to Rs. 3.35 crore



Posted On : 2023-11-04 13:45:46( TIMEZONE : IST )

Amarjothi Spinning Mills Ltd consolidated Q2 FY2024 net profit rises to Rs. 3.35 crore

AMARJOTHI SPINNING MILLS LTD. 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. 37.7454 crores during the period ended September 30, 2023 as compared to Rs. 48.5722 crores during the period ended June 30, 2023.

The company has posted net profit / (loss) of Rs. 3.3596 crores for the period ended September 30, 2023 as against net profit / (loss) of Rs. 1.5249 crores for the period ended June 30, 2023.

The company has reported EPS of Rs. 4.98 for the period ended September 30, 2023 as compared to Rs. 2.26 for the period ended June 30, 2023.

Financials Q2 FY2024 Q1 FY2024 % Change
Total Income ₹37.7454 crs ₹48.5722 crs Up Tick / Down Tick-22.29%
Net Profit ₹3.3596 crs ₹1.5249 crs Up Tick / Down Tick120.32%
EPS ₹4.98 ₹2.26 Up Tick / Down Tick120.35%

Financial Results (Q2 FY2024) - YoY Comparison

The company has reported total income of Rs.37.7454 crores during the period ended September 30, 2023 as compared to Rs.46.6046 crores during the period ended September 30, 2022.

The company has posted net profit / (loss) of Rs.3.3596 crores for the period ended September 30, 2023 as against net profit / (loss) of Rs.2.5821 crores for the period ended September 30, 2022.

The company has reported EPS of Rs.4.98 for the period ended September 30, 2023 as compared to Rs.3.43 for the period ended September 30, 2022.

Financials Q2 FY2024 Q2 FY2023 % Change
Total Income ₹37.7454 crs ₹46.6046 crs Up Tick / Down Tick-19.01%
Net Profit ₹3.3596 crs ₹2.5821 crs Up Tick / Down Tick30.11%
EPS ₹4.98 ₹3.43 Up Tick / Down Tick45.19%

Financial Results (Half Year Ended FY2024) - YoY Comparison

The company has reported total income of Rs.86.3176 crores during the 6 Months period ended September 30, 2023 as compared to Rs.120.8769 crores during the 6 Months period ended September 30, 2022.

The company has posted net profit / (loss) of Rs.4.9534 crores for the 6 Months period ended September 30, 2023 as against net profit / (loss) of Rs.7.7597 crores for the 6 Months period ended September 30, 2022.

The company has reported EPS of Rs.6.81 for the 6 Months period ended September 30, 2023 as compared to Rs.10.97 for the 6 Months period ended September 30, 2022.

Financials Half Year Ended FY2024 Half Year Ended FY2023 % Change
Total Income ₹86.3176 crs ₹120.8769 crs Up Tick / Down Tick-28.59%
Net Profit ₹4.9534 crs ₹7.7597 crs Up Tick / Down Tick-36.17%
EPS ₹6.81 ₹10.97 Up Tick / Down Tick-37.92%

Shares of AMARJOTHI SPINNING MILLS LTD. was last trading in BSE at Rs. 168.80 as compared to the previous close of Rs. 161.25. The total number of shares traded during the day was 18357 in over 263 trades.

The stock hit an intraday high of Rs. 179.00 and intraday low of 159.30. The net turnover during the day was Rs. 3117312.00.

Source : Equity Bulls

Keywords

AmarjothiSpinningMills Q2FY24 H1FY24 ResultUpdate