Natraj Proteins Ltd Q2 FY2024 loss at Rs. 5.60 crore

NATRAJ PROTEINS 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. 36.3007 crores during the period ended September 30, 2023 as compared to Rs. 40.6129 crores during the period ended June 30, 2023.

The company has posted net profit / (loss) of Rs. -5.6041 crores for the period ended September 30, 2023 as against net profit / (loss) of Rs. -6.1553 crores for the period ended June 30, 2023.

The company has reported EPS of Rs. -14.95 for the period ended September 30, 2023 as compared to Rs. -16.43 for the period ended June 30, 2023.

Financials	Q2 FY2024	Q1 FY2024	% Change
Total Income	₹ 36.3007 crs	₹40.6129 crs	-10.62%
Net Profit	₹-5.6041 crs	₹-6.1553 crs	8.95%
EPS	₹-14.95	₹-16.43	9.01%

Financial Results (Q2 FY2024) - YoY Comparison

The company has reported total income of Rs. 36.3007 crores during the period ended September 30, 2023 as compared to Rs.30.3292 crores during the period ended September 30, 2022.

The company has posted net profit / (loss) of Rs.-5.6041 crores for the period ended September 30, 2023 as against net profit / (loss) of Rs.-0.5762 crores for the period ended September 30, 2022.

The company has reported EPS of Rs.-14.95 for the period ended September 30, 2023 as compared to Rs.-1.53 for the period ended September 30, 2022.

Financials	Q2 FY2024	Q2 FY2023	% Change
Total Income	₹ 36.3007 crs	₹30.3292 crs	19.69%
Net Profit	₹-5.6041 crs	₹-0.5762 crs	872.60%
EPS	₹-14.95	₹-1.53	877.12%

Financial Results (Half Year Ended FY2024) - YoY Comparison

The company has reported total income of Rs.76.9136 crores during the 6 Months period ended September 30, 2023 as compared to Rs.52.68 crores during the 6 Months period ended September 30, 2022.

The company has posted net profit / (loss) of Rs.-11.7594 crores for the 6 Months period ended September 30, 2023 as against net profit / (loss) of Rs.-0.4809 crores for the 6 Months period ended September 30, 2022.

The company has reported EPS of Rs.-31.38 for the 6 Months period ended September 30, 2023 as compared to Rs.-1.28 for the 6 Months period ended September 30, 2022.

Financials	Half Year Ended FY2024	Half Year Ended FY2023	% Change
Total Income	₹76.9136 crs	₹52.68 crs	46.00%
Net Profit	₹-11.7594 crs	₹-0.4809 crs	2,345.29%
EPS	₹-31.38	₹-1.28	2,351.56%

Shares of NATRAJ PROTEINS LTD. was last trading in BSE at Rs. 49.32 as compared to the previous close of Rs. 50.80. The total number of shares traded during the day was 425 in over 8 trades.

The stock hit an intraday high of Rs. 50.79 and intraday low of 48.65. The net turnover during the day was Rs. 20886.00.

Source : Equity Bulls

Keywords

NatrajProteins Q2FY24 H1FY24 ResultUpdate