Stock Report

Orient Ceratech Ltd Q2 FY2024 consolidated net profit rises to Rs. 5.24 crore



Posted On : 2023-11-04 22:58:19( TIMEZONE : IST )

Orient Ceratech Ltd Q2 FY2024 consolidated net profit rises to Rs. 5.24 crore

Orient Abrasives Limited 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. 82.9385 crores during the period ended September 30, 2023 as compared to Rs. 73.8492 crores during the period ended June 30, 2023.

The company has posted net profit / (loss) of Rs. 5.2462 crores for the period ended September 30, 2023 as against net profit / (loss) of Rs. 4.2256 crores for the period ended June 30, 2023.

The company has reported EPS of Rs. 0.44 for the period ended September 30, 2023 as compared to Rs. 0.35 for the period ended June 30, 2023.

Financials Q2 FY2024 Q1 FY2024 % Change
Total Income ₹ 82.9385 crs ₹73.8492 crs Up Tick / Down Tick12.31%
Net Profit ₹5.2462 crs ₹4.2256 crs Up Tick / Down Tick24.15%
EPS ₹0.44 ₹0.35 Up Tick / Down Tick25.71%

Financial Results (Q2 FY2024) - YoY Comparison

The company has reported total income of Rs. 82.9385 crores during the period ended September 30, 2023 as compared to Rs.69.8544 crores during the period ended September 30, 2022.

The company has posted net profit / (loss) of Rs.5.2462 crores for the period ended September 30, 2023 as against net profit / (loss) of Rs.2.0050 crores for the period ended September 30, 2022.

The company has reported EPS of Rs.0.44 for the period ended September 30, 2023 as compared to Rs.0.17 for the period ended September 30, 2022.

Financials Q2 FY2024 Q2 FY2023 % Change
Total Income ₹ 82.9385 crs ₹69.8544 crs Up Tick / Down Tick18.73%
Net Profit ₹5.2462 crs ₹2.0050 crs Up Tick / Down Tick161.66%
EPS ₹0.44 ₹0.17 Up Tick / Down Tick158.82%

Financial Results (Half Year Ended FY2024) - YoY Comparison

The company has reported total income of Rs.156.7877 crores during the 6 Months period ended September 30, 2023 as compared to Rs.164.2002 crores during the 6 Months period ended September 30, 2022.

The company has posted net profit / (loss) of Rs.9.4718 crores for the 6 Months period ended September 30, 2023 as against net profit / (loss) of Rs.5.8310 crores for the 6 Months period ended September 30, 2022.

The company has reported EPS of Rs.0.79 for the 6 Months period ended September 30, 2023 as compared to Rs.0.49 for the 6 Months period ended September 30, 2022.

Financials Half Year Ended FY2024 Half Year Ended FY2023 % Change
Total Income ₹156.7877 crs ₹164.2002 crs Up Tick / Down Tick-4.51%
Net Profit ₹9.4718 crs ₹5.8310 crs Up Tick / Down Tick62.44%
EPS ₹0.79 ₹0.49 Up Tick / Down Tick61.22%

Shares of Orient Abrasives Limited was last trading in BSE at Rs. 44.20 as compared to the previous close of Rs. 42.63. The total number of shares traded during the day was 19323 in over 211 trades.

The stock hit an intraday high of Rs. 44.35 and intraday low of 42.80. The net turnover during the day was Rs. 845212.00.

Source : Equity Bulls

Keywords

OrientCeratech Q2FY24 H1FY24 ResultUpdate