Stock Report

Axita Cotton Ltd Q2 FY2024 PAT increases to Rs. 6.50 crore



Posted On : 2023-11-05 15:43:04( TIMEZONE : IST )

Axita Cotton Ltd Q2 FY2024 PAT increases to Rs. 6.50 crore

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. 391.4105 crores during the period ended September 30, 2023 as compared to Rs. 228.8868 crores during the period ended June 30, 2023.

The company has posted net profit / (loss) of Rs. 6.5061 crores for the period ended September 30, 2023 as against net profit / (loss) of Rs. 5.7467 crores for the period ended June 30, 2023.

The company has reported EPS of Rs. 0.33 for the period ended September 30, 2023 as compared to Rs. 0.29 for the period ended June 30, 2023.

Financials Q2 FY2024 Q1 FY2024 % Change
Total Income ₹ 391.4105 crs ₹228.8868 crs Up Tick / Down Tick71.01%
Net Profit ₹6.5061 crs ₹5.7467 crs Up Tick / Down Tick13.21%
EPS ₹0.33 ₹0.29 Up Tick / Down Tick13.79%

Financial Results (Q2 FY2024) - YoY Comparison

The company has reported total income of Rs. 391.4105 crores during the period ended September 30, 2023 as compared to Rs.91.9466 crores during the period ended September 30, 2022.

The company has posted net profit / (loss) of Rs.6.5061 crores for the period ended September 30, 2023 as against net profit / (loss) of Rs.2.2911 crores for the period ended September 30, 2022.

The company has reported EPS of Rs.0.33 for the period ended September 30, 2023 as compared to Rs.0.12 for the period ended September 30, 2022.

Financials Q2 FY2024 Q2 FY2023 % Change
Total Income ₹ 391.4105 crs ₹91.9466 crs Up Tick / Down Tick325.69%
Net Profit ₹6.5061 crs ₹2.2911 crs Up Tick / Down Tick183.97%
EPS ₹0.33 ₹0.12 Up Tick / Down Tick175.00%

Financial Results (Half Year Ended FY2024) - YoY Comparison

The company has reported total income of Rs.620.2973 crores during the 6 Months period ended September 30, 2023 as compared to Rs.297.5671 crores during the 6 Months period ended September 30, 2022.

The company has posted net profit / (loss) of Rs.12.2528 crores for the 6 Months period ended September 30, 2023 as against net profit / (loss) of Rs.6.7438 crores for the 6 Months period ended September 30, 2022.

The company has reported EPS of Rs.0.63 for the 6 Months period ended September 30, 2023 as compared to Rs.0.35 for the 6 Months period ended September 30, 2022.

Financials Half Year Ended FY2024 Half Year Ended FY2023 % Change
Total Income ₹620.2973 crs ₹297.5671 crs Up Tick / Down Tick108.46%
Net Profit ₹12.2528 crs ₹6.7438 crs Up Tick / Down Tick81.69%
EPS ₹0.63 ₹0.35 Up Tick / Down Tick80.00%

Source : Equity Bulls

Keywords

AxitaCotton Q2FY24 H1FY24 ResultUpdate