Dharmaj Crop Guard Ltd posts net profit of Rs. 23.02 crores in Q2FY24

Dharmaj Crop Guard Limited 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. 253.262 crores during the period ended September 30, 2023 as compared to Rs. 164.359 crores during the period ended June 30, 2023.

The company has posted net profit / (loss) of Rs. 23.028 crores for the period ended September 30, 2023 as against net profit / (loss) of Rs. 14.506 crores for the period ended June 30, 2023.

The company has reported EPS of Rs. 6.81 for the period ended September 30, 2023 as compared to Rs. 4.29 for the period ended June 30, 2023.

Financials	Q2 FY2024	Q1 FY2024	% Change
Total Income	₹ 253.262 crs	₹164.359 crs	54.09%
Net Profit	₹23.028 crs	₹14.506 crs	58.75%
EPS	₹6.81	₹4.29	58.74%

Financial Results (Q2 FY2024) - YoY Comparison

The company has reported total income of Rs. 253.262 crores during the period ended September 30, 2023 as compared to Rs.222.511 crores during the period ended September 30, 2022.

The company has posted net profit / (loss) of Rs.23.028 crores for the period ended September 30, 2023 as against net profit / (loss) of Rs.16.170 crores for the period ended September 30, 2022.

The company has reported EPS of Rs.6.81 for the period ended September 30, 2023 as compared to Rs.6.55 for the period ended September 30, 2022.

Financials	Q2 FY2024	Q2 FY2023	% Change
Total Income	₹ 253.262 crs	₹222.511 crs	13.82%
Net Profit	₹23.028 crs	₹16.170 crs	42.41%
EPS	₹6.81	₹6.55	3.97%

Financial Results (Half Year Ended FY2024) - YoY Comparison

The company has reported total income of Rs.417.621 crores during the 6 Months period ended September 30, 2023 as compared to Rs.359.689 crores during the 6 Months period ended September 30, 2022.

The company has posted net profit / (loss) of Rs.37.533 crores for the 6 Months period ended September 30, 2023 as against net profit / (loss) of Rs.26.364 crores for the 6 Months period ended September 30, 2022.

The company has reported EPS of Rs.11.11 for the 6 Months period ended September 30, 2023 as compared to Rs.10.68 for the 6 Months period ended September 30, 2022.

Financials	Half Year Ended FY2024	Half Year Ended FY2023	% Change
Total Income	₹417.621 crs	₹359.689 crs	16.11%
Net Profit	₹37.533 crs	₹26.364 crs	42.36%
EPS	₹11.11	₹10.68	4.03%

Shares of Dharmaj Crop Guard Limited was last trading in BSE at Rs. 253.50 as compared to the previous close of Rs. 254.40. The total number of shares traded during the day was 8524 in over 421 trades.

The stock hit an intraday high of Rs. 257.60 and intraday low of 250.30. The net turnover during the day was Rs. 2182839.00.

Source : Equity Bulls

Keywords

DharmajCropGuard Q2FY24 H1FY24 ResultUpdate