Sah Polymers Ltd Q2 FY2024 consolidated PAT slides to Rs. 11.09 lakhs

Sah Polymers 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. 28.0277 crores during the period ended September 30, 2023 as compared to Rs. 23.8289 crores during the period ended June 30, 2023.

The company has posted net profit / (loss) of Rs. 0.1109 crores for the period ended September 30, 2023 as against net profit / (loss) of Rs. 0.5203 crores for the period ended June 30, 2023.

The company has reported EPS of Rs. 0.04 for the period ended September 30, 2023 as compared to Rs. 0.24 for the period ended June 30, 2023.

Financials	Q2 FY2024	Q1 FY2024	% Change
Total Income	₹28.0277 crs	₹23.8289 crs	17.62%
Net Profit	₹0.1109 crs	₹0.5203 crs	-78.69%
EPS	₹0.04	₹0.24	-83.33%

Financial Results (Q2 FY2024) - YoY Comparison

The company has reported total income of Rs.28.0277 crores during the period ended September 30, 2023 as compared to Rs.26.6361 crores during the period ended September 30, 2022.

The company has posted net profit / (loss) of Rs.0.1109 crores for the period ended September 30, 2023 as against net profit / (loss) of Rs.1.0123 crores for the period ended September 30, 2022.

The company has reported EPS of Rs.0.04 for the period ended September 30, 2023 as compared to Rs.0.70 for the period ended September 30, 2022.

Financials	Q2 FY2024	Q2 FY2023	% Change
Total Income	₹28.0277 crs	₹26.6361 crs	5.22%
Net Profit	₹0.1109 crs	₹1.0123 crs	-89.04%
EPS	₹0.04	₹0.70	-94.29%

Financial Results (Half Year Ended FY2024) - YoY Comparison

The company has reported total income of Rs.51.8566 crores during the 6 Months period ended September 30, 2023 as compared to Rs.54.2260 crores during the 6 Months period ended September 30, 2022.

The company has posted net profit / (loss) of Rs.0.6312 crores for the 6 Months period ended September 30, 2023 as against net profit / (loss) of Rs.2.0190 crores for the 6 Months period ended September 30, 2022.

The company has reported EPS of Rs.0.28 for the 6 Months period ended September 30, 2023 as compared to Rs.1.50 for the 6 Months period ended September 30, 2022.

Financials	Half Year Ended FY2024	Half Year Ended FY2023	% Change
Total Income	₹51.8566 crs	₹54.2260 crs	-4.37%
Net Profit	₹0.6312 crs	₹2.0190 crs	-68.74%
EPS	₹0.28	₹1.50	-81.33%

Shares of Sah Polymers Limited was last trading in BSE at Rs. 99.80 as compared to the previous close of Rs. 99.17. The total number of shares traded during the day was 5777 in over 47 trades.

The stock hit an intraday high of Rs. 100.62 and intraday low of 98.00. The net turnover during the day was Rs. 574503.00.

Source : Equity Bulls

Keywords

SahPolymers Q2FY24 H1FY24 ResultUpdate