Stock Report

Hind Rectifiers Ltd Q2 FY2024 PAT rises to Rs. 3.97 crore



Posted On : 2023-11-05 16:04:21( TIMEZONE : IST )

Hind Rectifiers Ltd Q2 FY2024 PAT rises to Rs. 3.97 crore

Hind Rectifiers 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. 132.0754 crores during the period ended September 30, 2023 as compared to Rs. 97.6406 crores during the period ended June 30, 2023.

The company has posted net profit / (loss) of Rs. 3.9771 crores for the period ended September 30, 2023 as against net profit / (loss) of Rs. 1.8977 crores for the period ended June 30, 2023.

The company has reported EPS of Rs. 2.31 for the period ended September 30, 2023 as compared to Rs. 1.10 for the period ended June 30, 2023.

Financials Q2 FY2024 Q1 FY2024 % Change
Total Income ₹ 132.0754 crs ₹97.6406 crs Up Tick / Down Tick35.27%
Net Profit ₹3.9771 crs ₹1.8977 crs Up Tick / Down Tick109.57%
EPS ₹2.31 ₹1.10 Up Tick / Down Tick110.00%

Financial Results (Q2 FY2024) - YoY Comparison

The company has reported total income of Rs. 132.0754 crores during the period ended September 30, 2023 as compared to Rs.77.7003 crores during the period ended September 30, 2022.

The company has posted net profit / (loss) of Rs.3.9771 crores for the period ended September 30, 2023 as against net profit / (loss) of Rs.-4.0606 crores for the period ended September 30, 2022.

The company has reported EPS of Rs.2.31 for the period ended September 30, 2023 as compared to Rs.-2.44 for the period ended September 30, 2022.

Financials Q2 FY2024 Q2 FY2023 % Change
Total Income ₹ 132.0754 crs ₹77.7003 crs Up Tick / Down Tick69.98%
Net Profit ₹3.9771 crs ₹-4.0606 crs Up Tick / Down Tick197.94%
EPS ₹2.31 ₹-2.44 Up Tick / Down Tick194.67%

Financial Results (Half Year Ended FY2024) - YoY Comparison

The company has reported total income of Rs.229.7160 crores during the 6 Months period ended September 30, 2023 as compared to Rs.150.3596 crores during the 6 Months period ended September 30, 2022.

The company has posted net profit / (loss) of Rs.5.8748 crores for the 6 Months period ended September 30, 2023 as against net profit / (loss) of Rs.-6.3314 crores for the 6 Months period ended September 30, 2022.

The company has reported EPS of Rs.3.41 for the 6 Months period ended September 30, 2023 as compared to Rs.-3.80 for the 6 Months period ended September 30, 2022.

Financials Half Year Ended FY2024 Half Year Ended FY2023 % Change
Total Income ₹229.7160 crs ₹150.3596 crs Up Tick / Down Tick52.78%
Net Profit ₹5.8748 crs ₹-6.3314 crs Up Tick / Down Tick192.79%
EPS ₹3.41 ₹-3.80 Up Tick / Down Tick189.74%

Shares of Hind Rectifiers Limited was last trading in BSE at Rs. 597.15 as compared to the previous close of Rs. 497.65. The total number of shares traded during the day was 44451 in over 2103 trades.

The stock hit an intraday high of Rs. 597.15 and intraday low of 497.60. The net turnover during the day was Rs. 25740028.00.

Source : Equity Bulls

Keywords

HindRectifiers Q2FY24 H1FY24 ResultUpdate