Stock Report

Indigo Paints Ltd reports consolidated PAT of Rs. 25.34 crores in Q2 FY24



Posted On : 2023-11-04 23:04:49( TIMEZONE : IST )

Indigo Paints Ltd reports consolidated PAT of Rs. 25.34 crores in Q2 FY24

Indigo Paints 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. 282.1878 crores during the period ended September 30, 2023 as compared to Rs. 292.2424 crores during the period ended June 30, 2023.

The company has posted net profit / (loss) of Rs. 25.3403 crores for the period ended September 30, 2023 as against net profit / (loss) of Rs. 31.0405 crores for the period ended June 30, 2023.

The company has reported EPS of Rs. 5.31 for the period ended September 30, 2023 as compared to Rs. 6.50 for the period ended June 30, 2023.

Financials Q2 FY2024 Q1 FY2024 % Change
Total Income ₹ 282.1878 crs ₹292.2424 crs Up Tick / Down Tick-3.44%
Net Profit ₹25.3403 crs ₹31.0405 crs Up Tick / Down Tick-18.36%
EPS ₹5.31 ₹6.50 Up Tick / Down Tick-18.31%

Financial Results (Q2 FY2024) - YoY Comparison

The company has reported total income of Rs. 282.1878 crores during the period ended September 30, 2023 as compared to Rs.245.7975 crores during the period ended September 30, 2022.

The company has posted net profit / (loss) of Rs.25.3403 crores for the period ended September 30, 2023 as against net profit / (loss) of Rs.37.0877 crores for the period ended September 30, 2022.

The company has reported EPS of Rs.5.31 for the period ended September 30, 2023 as compared to Rs.7.78 for the period ended September 30, 2022.

Financials Q2 FY2024 Q2 FY2023 % Change
Total Income ₹ 282.1878 crs ₹245.7975 crs Up Tick / Down Tick14.80%
Net Profit ₹25.3403 crs ₹37.0877 crs Up Tick / Down Tick-31.67%
EPS ₹5.31 ₹7.78 Up Tick / Down Tick-31.75%

Financial Results (Half Year Ended FY2024) - YoY Comparison

The company has reported total income of Rs.574.4302 crores during the 6 Months period ended September 30, 2023 as compared to Rs.470.2738 crores during the 6 Months period ended September 30, 2022.

The company has posted net profit / (loss) of Rs.56.3808 crores for the 6 Months period ended September 30, 2023 as against net profit / (loss) of Rs.56.9990 crores for the 6 Months period ended September 30, 2022.

The company has reported EPS of Rs.11.81 for the 6 Months period ended September 30, 2023 as compared to Rs.11.95 for the 6 Months period ended September 30, 2022.

Financials Half Year Ended FY2024 Half Year Ended FY2023 % Change
Total Income ₹574.4302 crs ₹470.2738 crs Up Tick / Down Tick22.15%
Net Profit ₹56.3808 crs ₹56.9990 crs Up Tick / Down Tick-1.08%
EPS ₹11.81 ₹11.95 Up Tick / Down Tick-1.17%

Shares of Indigo Paints Limited was last trading in BSE at Rs. 1464.55 as compared to the previous close of Rs. 1428.60. The total number of shares traded during the day was 4494 in over 815 trades.

The stock hit an intraday high of Rs. 1473.75 and intraday low of 1427.60. The net turnover during the day was Rs. 6498008.00.

Source : Equity Bulls

Keywords

IndigoPaints Q2FY24 H1FY24 ResultUpdate