Ecoplast Ltd consolidated Q2 FY2023-24 PAT zooms to Rs. 2.80 crore

ECOPLAST 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. 30.3064 crores during the period ended September 30, 2023 as compared to Rs. 26.0164 crores during the period ended June 30, 2023.

The company has posted net profit / (loss) of Rs. 2.8078 crores for the period ended September 30, 2023 as against net profit / (loss) of Rs. 1.7779 crores for the period ended June 30, 2023.

The company has reported EPS of Rs. 9.36 for the period ended September 30, 2023 as compared to Rs. 5.93 for the period ended June 30, 2023.

Financials	Q2 FY2024	Q1 FY2024	% Change
Total Income	₹ 30.3064 crs	₹26.0164 crs	16.49%
Net Profit	₹2.8078 crs	₹1.7779 crs	57.93%
EPS	₹9.36	₹5.93	57.84%

Financial Results (Q2 FY2024) - YoY Comparison

The company has reported total income of Rs. 30.3064 crores during the period ended September 30, 2023 as compared to Rs.21.0277 crores during the period ended September 30, 2022.

The company has posted net profit / (loss) of Rs.2.8078 crores for the period ended September 30, 2023 as against net profit / (loss) of Rs.0.5424 crores for the period ended September 30, 2022.

The company has reported EPS of Rs.9.36 for the period ended September 30, 2023 as compared to Rs.1.81 for the period ended September 30, 2022.

Financials	Q2 FY2024	Q2 FY2023	% Change
Total Income	₹ 30.3064 crs	₹21.0277 crs	44.13%
Net Profit	₹2.8078 crs	₹0.5424 crs	417.66%
EPS	₹9.36	₹1.81	417.13%

Financial Results (Half Year Ended FY2024) - YoY Comparison

The company has reported total income of Rs.56.3228 crores during the 6 Months period ended September 30, 2023 as compared to Rs.47.3720 crores during the 6 Months period ended September 30, 2022.

The company has posted net profit / (loss) of Rs.4.5857 crores for the 6 Months period ended September 30, 2023 as against net profit / (loss) of Rs.0.2367 crores for the 6 Months period ended September 30, 2022.

The company has reported EPS of Rs.15.29 for the 6 Months period ended September 30, 2023 as compared to Rs.0.79 for the 6 Months period ended September 30, 2022.

Financials	Half Year Ended FY2024	Half Year Ended FY2023	% Change
Total Income	₹56.3228 crs	₹47.3720 crs	18.89%
Net Profit	₹4.5857 crs	₹0.2367 crs	1,837.35%
EPS	₹15.29	₹0.79	1,835.44%

Shares of ECOPLAST LTD. was last trading in BSE at Rs. 213.50 as compared to the previous close of Rs. 204.20. The total number of shares traded during the day was 7271 in over 108 trades.

The stock hit an intraday high of Rs. 215.00 and intraday low of 204.25. The net turnover during the day was Rs. 1536194.00.

Source : Equity Bulls

Keywords

Ecoplast Q2FY24 H1FY24 ResultUpdate