Stock Report

Salzer Electronics Ltd reports consolidated PAT of Rs. 9.83 crores in Q2 FY24



Posted On : 2023-11-05 16:48:43( TIMEZONE : IST )

Salzer Electronics Ltd reports consolidated PAT of Rs. 9.83 crores in Q2 FY24

Salzer Electronics 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. 281.0099 crores during the period ended September 30, 2023 as compared to Rs. 289.4079 crores during the period ended June 30, 2023.

The company has posted net profit / (loss) of Rs. 9.8377 crores for the period ended September 30, 2023 as against net profit / (loss) of Rs. 9.9393 crores for the period ended June 30, 2023.

The company has reported EPS of Rs. 5.56 for the period ended September 30, 2023 as compared to Rs. 5.62 for the period ended June 30, 2023.

Financials Q2 FY2024 Q1 FY2024 % Change
Total Income ₹ 281.0099 crs ₹289.4079 crs Up Tick / Down Tick-2.90%
Net Profit ₹9.8377 crs ₹9.9393 crs Up Tick / Down Tick-1.02%
EPS ₹5.56 ₹5.62 Up Tick / Down Tick-1.07%

Financial Results (Q2 FY2024) - YoY Comparison

The company has reported total income of Rs. 281.0099 crores during the period ended September 30, 2023 as compared to Rs.245.1478 crores during the period ended September 30, 2022.

The company has posted net profit / (loss) of Rs.9.8377 crores for the period ended September 30, 2023 as against net profit / (loss) of Rs.9.3852 crores for the period ended September 30, 2022.

The company has reported EPS of Rs.5.56 for the period ended September 30, 2023 as compared to Rs.5.87 for the period ended September 30, 2022.

Financials Q2 FY2024 Q2 FY2023 % Change
Total Income ₹ 281.0099 crs ₹245.1478 crs Up Tick / Down Tick14.63%
Net Profit ₹9.8377 crs ₹9.3852 crs Up Tick / Down Tick4.82%
EPS ₹5.56 ₹5.87 Up Tick / Down Tick-5.28%

Financial Results (Half Year Ended FY2024) - YoY Comparison

The company has reported total income of Rs.570.4178 crores during the 6 Months period ended September 30, 2023 as compared to Rs.489.5084 crores during the 6 Months period ended September 30, 2022.

The company has posted net profit / (loss) of Rs.19.7770 crores for the 6 Months period ended September 30, 2023 as against net profit / (loss) of Rs.18.8080 crores for the 6 Months period ended September 30, 2022.

The company has reported EPS of Rs.11.18 for the 6 Months period ended September 30, 2023 as compared to Rs.11.77 for the 6 Months period ended September 30, 2022.

Financials Half Year Ended FY2024 Half Year Ended FY2023 % Change
Total Income ₹570.4178 crs ₹489.5084 crs Up Tick / Down Tick16.53%
Net Profit ₹19.7770 crs ₹18.8080 crs Up Tick / Down Tick5.15%
EPS ₹11.18 ₹11.77 Up Tick / Down Tick-5.01%

Shares of Salzer Electronics Limited was last trading in BSE at Rs. 401.50 as compared to the previous close of Rs. 398.25. The total number of shares traded during the day was 11273 in over 620 trades.

The stock hit an intraday high of Rs. 424.35 and intraday low of 397.75. The net turnover during the day was Rs. 4526649.00.

Source : Equity Bulls

Keywords

SalzerElectronics Q2FY24 H1FY24 ResultUpdate