Stock Report

Hercules Hoists Ltd posts PAT of Rs. 8.92 crores in Q2 FY24

Posted On : 2023-11-05 22:39:56( TIMEZONE : IST )

Hercules Hoists 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. 48.0023 crores during the period ended September 30, 2023 as compared to Rs. 44.2424 crores during the period ended June 30, 2023.

The company has posted net profit / (loss) of Rs. 8.9213 crores for the period ended September 30, 2023 as against net profit / (loss) of Rs. 4.8102 crores for the period ended June 30, 2023.

The company has reported EPS of Rs. 2.79 for the period ended September 30, 2023 as compared to Rs. 1.50 for the period ended June 30, 2023.

Financials	Q2 FY2024	Q1 FY2024	% Change
Total Income	₹ 48.0023 crs	₹44.2424 crs	8.50%
Net Profit	₹8.9213 crs	₹4.8102 crs	85.47%
EPS	₹2.79	₹1.50	86.00%

Financial Results (Q2 FY2024) - YoY Comparison

The company has reported total income of Rs. 48.0023 crores during the period ended September 30, 2023 as compared to Rs.42.7602 crores during the period ended September 30, 2022.

The company has posted net profit / (loss) of Rs.8.9213 crores for the period ended September 30, 2023 as against net profit / (loss) of Rs.7.1956 crores for the period ended September 30, 2022.

The company has reported EPS of Rs.2.79 for the period ended September 30, 2023 as compared to Rs.2.25 for the period ended September 30, 2022.

Financials	Q2 FY2024	Q2 FY2023	% Change
Total Income	₹ 48.0023 crs	₹42.7602 crs	12.26%
Net Profit	₹8.9213 crs	₹7.1956 crs	23.98%
EPS	₹2.79	₹2.25	24.00%

Financial Results (Half Year Ended FY2024) - YoY Comparison

The company has reported total income of Rs.92.2447 crores during the 6 Months period ended September 30, 2023 as compared to Rs.75.1225 crores during the 6 Months period ended September 30, 2022.

The company has posted net profit / (loss) of Rs.13.7315 crores for the 6 Months period ended September 30, 2023 as against net profit / (loss) of Rs.9.4981 crores for the 6 Months period ended September 30, 2022.

The company has reported EPS of Rs.4.29 for the 6 Months period ended September 30, 2023 as compared to Rs.2.97 for the 6 Months period ended September 30, 2022.

Financials	Half Year Ended FY2024	Half Year Ended FY2023	% Change
Total Income	₹92.2447 crs	₹75.1225 crs	22.79%
Net Profit	₹13.7315 crs	₹9.4981 crs	44.57%
EPS	₹4.29	₹2.97	44.44%

Shares of Hercules Hoists Limited was last trading in BSE at Rs. 330.30 as compared to the previous close of Rs. 328.05. The total number of shares traded during the day was 10008 in over 693 trades.

The stock hit an intraday high of Rs. 335.25 and intraday low of 327.90. The net turnover during the day was Rs. 3320297.00.