Stock Report

Chennai Ferrous Industries Ltd Q2 FY2024 PAT jumps to Rs. 1.62 crore



Posted On : 2023-11-04 15:00:48( TIMEZONE : IST )

Chennai Ferrous Industries Ltd Q2 FY2024 PAT jumps to Rs. 1.62 crore

Chennai Ferrous Industries 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. 5.0633 crores during the period ended September 30, 2023 as compared to Rs. 95.6832 crores during the period ended June 30, 2023.

The company has posted net profit / (loss) of Rs. 1.6273 crores for the period ended September 30, 2023 as against net profit / (loss) of Rs. 1.4126 crores for the period ended June 30, 2023.

The company has reported EPS of Rs. 4.51 for the period ended September 30, 2023 as compared to Rs. 3.92 for the period ended June 30, 2023.

Financials Q2 FY2024 Q1 FY2024 % Change
Total Income ₹ 5.0633 crs ₹95.6832 crs Up Tick / Down Tick-94.71%
Net Profit ₹1.6273 crs ₹1.4126 crs Up Tick / Down Tick15.20%
EPS ₹4.51 ₹3.92 Up Tick / Down Tick15.05%

Financial Results (Q2 FY2024) - YoY Comparison

The company has reported total income of Rs. 5.0633 crores during the period ended September 30, 2023 as compared to Rs.36.9481 crores during the period ended September 30, 2022.

The company has posted net profit / (loss) of Rs.1.6273 crores for the period ended September 30, 2023 as against net profit / (loss) of Rs.0.3719 crores for the period ended September 30, 2022.

The company has reported EPS of Rs.4.51 for the period ended September 30, 2023 as compared to Rs.1.03 for the period ended September 30, 2022.

Financials Q2 FY2024 Q2 FY2023 % Change
Total Income ₹ 5.0633 crs ₹36.9481 crs Up Tick / Down Tick-86.30%
Net Profit ₹1.6273 crs ₹0.3719 crs Up Tick / Down Tick337.56%
EPS ₹4.51 ₹1.03 Up Tick / Down Tick337.86%

Financial Results (Half Year Ended FY2024) - YoY Comparison

The company has reported total income of Rs.100.7465 crores during the 6 Months period ended September 30, 2023 as compared to Rs.67.6464 crores during the 6 Months period ended September 30, 2022.

The company has posted net profit / (loss) of Rs.3.0399 crores for the 6 Months period ended September 30, 2023 as against net profit / (loss) of Rs.4.0519 crores for the 6 Months period ended September 30, 2022.

The company has reported EPS of Rs.8.43 for the 6 Months period ended September 30, 2023 as compared to Rs.11.24 for the 6 Months period ended September 30, 2022.

Financials Half Year Ended FY2024 Half Year Ended FY2023 % Change
Total Income ₹100.7465 crs ₹67.6464 crs Up Tick / Down Tick48.93%
Net Profit ₹3.0399 crs ₹4.0519 crs Up Tick / Down Tick-24.98%
EPS ₹8.43 ₹11.24 Up Tick / Down Tick-25.00%

Shares of Chennai Ferrous Industries Ltd was last trading in BSE at Rs. 140.35 as compared to the previous close of Rs. 135.95. The total number of shares traded during the day was 16920 in over 187 trades.

The stock hit an intraday high of Rs. 143.00 and intraday low of 136.20. The net turnover during the day was Rs. 2364895.00.

Source : Equity Bulls

Keywords

ChennaiFerrousIndustries Q2FY24 H1FY24 ResultUpdate