Stock Report

Olectra Greentech Ltd posts consolidated PAT of Rs. 18.05 crores in Q2 FY24



Posted On : 2023-11-05 22:46:59( TIMEZONE : IST )

Olectra Greentech Ltd posts consolidated PAT of Rs. 18.05 crores in Q2 FY24

Olectra Greentech 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. 310.2836 crores during the period ended September 30, 2023 as compared to Rs. 217.2220 crores during the period ended June 30, 2023.

The company has posted net profit / (loss) of Rs. 18.0594 crores for the period ended September 30, 2023 as against net profit / (loss) of Rs. 18.0772 crores for the period ended June 30, 2023.

The company has reported EPS of Rs. 2.20 for the period ended September 30, 2023 as compared to Rs. 2.20 for the period ended June 30, 2023.

Financials Q2 FY2024 Q1 FY2024 % Change
Total Income ₹ 310.2836 crs ₹217.2220 crs Up Tick / Down Tick42.84%
Net Profit ₹18.0594 crs ₹18.0772 crs Up Tick / Down Tick-0.10%
EPS ₹2.20 ₹2.20 Up Tick / Down Tick0.00%

Financial Results (Q2 FY2024) - YoY Comparison

The company has reported total income of Rs. 310.2836 crores during the period ended September 30, 2023 as compared to Rs.183.2729 crores during the period ended September 30, 2022.

The company has posted net profit / (loss) of Rs.18.0594 crores for the period ended September 30, 2023 as against net profit / (loss) of Rs.7.5781 crores for the period ended September 30, 2022.

The company has reported EPS of Rs.2.20 for the period ended September 30, 2023 as compared to Rs.0.92 for the period ended September 30, 2022.

Financials Q2 FY2024 Q2 FY2023 % Change
Total Income ₹ 310.2836 crs ₹183.2729 crs Up Tick / Down Tick69.30%
Net Profit ₹18.0594 crs ₹7.5781 crs Up Tick / Down Tick138.31%
EPS ₹2.20 ₹0.92 Up Tick / Down Tick139.13%

Financial Results (Half Year Ended FY2024) - YoY Comparison

The company has reported total income of Rs.527.5056 crores during the 6 Months period ended September 30, 2023 as compared to Rs.466.8264 crores during the 6 Months period ended September 30, 2022.

The company has posted net profit / (loss) of Rs.36.1366 crores for the 6 Months period ended September 30, 2023 as against net profit / (loss) of Rs.24.2096 crores for the 6 Months period ended September 30, 2022.

The company has reported EPS of Rs.4.40 for the 6 Months period ended September 30, 2023 as compared to Rs.2.95 for the 6 Months period ended September 30, 2022.

Financials Half Year Ended FY2024 Half Year Ended FY2023 % Change
Total Income ₹527.5056 crs ₹466.8264 crs Up Tick / Down Tick13.00%
Net Profit ₹36.1366 crs ₹24.2096 crs Up Tick / Down Tick49.27%
EPS ₹4.40 ₹2.95 Up Tick / Down Tick49.15%

Shares of Olectra Greentech Limited was last trading in BSE at Rs. 1176.95 as compared to the previous close of Rs. 1187.20. The total number of shares traded during the day was 49148 in over 3822 trades.

The stock hit an intraday high of Rs. 1200.50 and intraday low of 1172.00. The net turnover during the day was Rs. 58286478.00.

Source : Equity Bulls

Keywords

OlectraGreentech Q2FY24 H1FY24 ResultUpdate