Stock Report

Suven Life Sciences Ltd reports consolidated loss of Rs. 12.68 crores in Q2 FY2024



Posted On : 2023-11-05 16:12:00( TIMEZONE : IST )

Suven Life Sciences Ltd reports consolidated loss of Rs. 12.68 crores in Q2 FY2024

Suven Life Sciences 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. 8.2013 crores during the period ended September 30, 2023 as compared to Rs. 9.4369 crores during the period ended June 30, 2023.

The company has posted net profit / (loss) of Rs. -12.6802 crores for the period ended September 30, 2023 as against net profit / (loss) of Rs. -24.0905 crores for the period ended June 30, 2023.

The company has reported EPS of Rs. -0.58 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 ₹ 8.2013 crs ₹9.4369 crs Up Tick / Down Tick-13.09%
Net Profit ₹-12.6802 crs ₹-24.0905 crs Up Tick / Down Tick47.36%
EPS ₹-0.58 ₹-1.10 Up Tick / Down Tick47.27%

Financial Results (Q2 FY2024) - YoY Comparison

The company has reported total income of Rs. 8.2013 crores during the period ended September 30, 2023 as compared to Rs.4.5926 crores during the period ended September 30, 2022.

The company has posted net profit / (loss) of Rs.-12.6802 crores for the period ended September 30, 2023 as against net profit / (loss) of Rs.-23.1815 crores for the period ended September 30, 2022.

The company has reported EPS of Rs.-0.58 for the period ended September 30, 2023 as compared to Rs.-1.59 for the period ended September 30, 2022.

Financials Q2 FY2024 Q2 FY2023 % Change
Total Income ₹ 8.2013 crs ₹4.5926 crs Up Tick / Down Tick78.58%
Net Profit ₹-12.6802 crs ₹-23.1815 crs Up Tick / Down Tick45.30%
EPS ₹-0.58 ₹-1.59 Up Tick / Down Tick63.52%

Financial Results (Half Year Ended FY2024) - YoY Comparison

The company has reported total income of Rs.17.6382 crores during the 6 Months period ended September 30, 2023 as compared to Rs.8.5676 crores during the 6 Months period ended September 30, 2022.

The company has posted net profit / (loss) of Rs.-36.7707 crores for the 6 Months period ended September 30, 2023 as against net profit / (loss) of Rs.-39.5077 crores for the 6 Months period ended September 30, 2022.

The company has reported EPS of Rs.-1.69 for the 6 Months period ended September 30, 2023 as compared to Rs.-2.72 for the 6 Months period ended September 30, 2022.

Financials Half Year Ended FY2024 Half Year Ended FY2023 % Change
Total Income ₹17.6382 crs ₹8.5676 crs Up Tick / Down Tick105.87%
Net Profit ₹-36.7707 crs ₹-39.5077 crs Up Tick / Down Tick6.93%
EPS ₹-1.69 ₹-2.72 Up Tick / Down Tick37.87%

Shares of Suven Life Sciences Limited was last trading in BSE at Rs. 78.31 as compared to the previous close of Rs. 76.17. The total number of shares traded during the day was 44914 in over 519 trades.

The stock hit an intraday high of Rs. 79.74 and intraday low of 75.74. The net turnover during the day was Rs. 3461616.00.

Source : Equity Bulls

Keywords

SuvenLifeSciences Q2FY24 H1FY24 ResultUpdate