Stock Report

Navkar Corporation Ltd Q2 FY24 net profit slides to Rs. 2.10 crore



Posted On : 2023-11-04 22:39:10( TIMEZONE : IST )

Navkar Corporation Ltd Q2 FY24 net profit slides to Rs. 2.10 crore

Navkar Corporation 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. 95.3766 crores during the period ended September 30, 2023 as compared to Rs. 105.9193 crores during the period ended June 30, 2023.

The company has posted net profit / (loss) of Rs. 2.1094 crores for the period ended September 30, 2023 as against net profit / (loss) of Rs. 3.7263 crores for the period ended June 30, 2023.

The company has reported EPS of Rs. 0.14 for the period ended September 30, 2023 as compared to Rs. 0.25 for the period ended June 30, 2023.

Financials Q2 FY2024 Q1 FY2024 % Change
Total Income ₹ 95.3766 crs ₹105.9193 crs Up Tick / Down Tick-9.95%
Net Profit ₹2.1094 crs ₹3.7263 crs Up Tick / Down Tick-43.39%
EPS ₹0.14 ₹0.25 Up Tick / Down Tick-44.00%

Financial Results (Q2 FY2024) - YoY Comparison

The company has reported total income of Rs. 95.3766 crores during the period ended September 30, 2023 as compared to Rs.109.9224 crores during the period ended September 30, 2022.

The company has posted net profit / (loss) of Rs.2.1094 crores for the period ended September 30, 2023 as against net profit / (loss) of Rs.23.0782 crores for the period ended September 30, 2022.

The company has reported EPS of Rs.0.14 for the period ended September 30, 2023 as compared to Rs.1.54 for the period ended September 30, 2022.

Financials Q2 FY2024 Q2 FY2023 % Change
Total Income ₹ 95.3766 crs ₹109.9224 crs Up Tick / Down Tick-13.23%
Net Profit ₹2.1094 crs ₹23.0782 crs Up Tick / Down Tick-90.86%
EPS ₹0.14 ₹1.54 Up Tick / Down Tick-90.91%

Financial Results (Half Year Ended FY2024) - YoY Comparison

The company has reported total income of Rs.201.2958 crores during the 6 Months period ended September 30, 2023 as compared to Rs.240.5348 crores during the 6 Months period ended September 30, 2022.

The company has posted net profit / (loss) of Rs.5.8356 crores for the 6 Months period ended September 30, 2023 as against net profit / (loss) of Rs.46.8126 crores for the 6 Months period ended September 30, 2022.

The company has reported EPS of Rs.0.39 for the 6 Months period ended September 30, 2023 as compared to Rs.3.11 for the 6 Months period ended September 30, 2022.

Financials Half Year Ended FY2024 Half Year Ended FY2023 % Change
Total Income ₹201.2958 crs ₹240.5348 crs Up Tick / Down Tick-16.31%
Net Profit ₹5.8356 crs ₹46.8126 crs Up Tick / Down Tick-87.53%
EPS ₹0.39 ₹3.11 Up Tick / Down Tick-87.46%

Shares of Navkar Corporation Limited was last trading in BSE at Rs. 60.66 as compared to the previous close of Rs. 60.97. The total number of shares traded during the day was 48468 in over 413 trades.

The stock hit an intraday high of Rs. 62.08 and intraday low of 60.10. The net turnover during the day was Rs. 2949023.00.

Source : Equity Bulls

Keywords

NavkarCorporation Q2FY24 H1FY24 ResultUpdate