Ravalgaon Sugar Farm Ltd Q2 FY24 loss at Rs. 84.01 lakhs

RAVALGAON SUGAR FARM 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. 2.3294 crores during the period ended September 30, 2023 as compared to Rs. 1.9038 crores during the period ended June 30, 2023.

The company has posted net profit / (loss) of Rs. -0.8401 crores for the period ended September 30, 2023 as against net profit / (loss) of Rs. -0.9359 crores for the period ended June 30, 2023.

The company has reported EPS of Rs. -123.54 for the period ended September 30, 2023 as compared to Rs. -137.64 for the period ended June 30, 2023.

Financials	Q2 FY2024	Q1 FY2024	% Change
Total Income	₹ 2.3294 crs	₹1.9038 crs	22.36%
Net Profit	₹-0.8401 crs	₹-0.9359 crs	10.24%
EPS	₹-123.54	₹-137.64	10.24%

Financial Results (Q2 FY2024) - YoY Comparison

The company has reported total income of Rs. 2.3294 crores during the period ended September 30, 2023 as compared to Rs.2.1584 crores during the period ended September 30, 2022.

The company has posted net profit / (loss) of Rs.-0.8401 crores for the period ended September 30, 2023 as against net profit / (loss) of Rs.-1.0685 crores for the period ended September 30, 2022.

The company has reported EPS of Rs.-123.54 for the period ended September 30, 2023 as compared to Rs.-157.14 for the period ended September 30, 2022.

Financials	Q2 FY2024	Q2 FY2023	% Change
Total Income	₹ 2.3294 crs	₹2.1584 crs	7.92%
Net Profit	₹-0.8401 crs	₹-1.0685 crs	21.38%
EPS	₹-123.54	₹-157.14	21.38%

Financial Results (Half Year Ended FY2024) - YoY Comparison

The company has reported total income of Rs.4.2332 crores during the 6 Months period ended September 30, 2023 as compared to Rs.4.4495 crores during the 6 Months period ended September 30, 2022.

The company has posted net profit / (loss) of Rs.-1.7732 crores for the 6 Months period ended September 30, 2023 as against net profit / (loss) of Rs.-1.7062 crores for the 6 Months period ended September 30, 2022.

The company has reported EPS of Rs.-260.77 for the 6 Months period ended September 30, 2023 as compared to Rs.-250.91 for the 6 Months period ended September 30, 2022.

Financials	Half Year Ended FY2024	Half Year Ended FY2023	% Change
Total Income	₹4.2332 crs	₹4.4495 crs	-4.86%
Net Profit	₹-1.7732 crs	₹-1.7062 crs	3.93%
EPS	₹-260.77	₹-250.91	3.93%

Shares of RAVALGAON SUGAR FARM LTD. was last trading in BSE at Rs. 3551.00 as compared to the previous close of Rs. 3705.00. The total number of shares traded during the day was 2 in over 2 trades.

The stock hit an intraday high of Rs. 3551.00 and intraday low of 3540.00. The net turnover during the day was Rs. 7091.00.

Source : Equity Bulls

Keywords

RavalgaonSugarFarm Q2FY24 H1FY24 ResultUpdate