Stock Report

HBL Power Systems Ltd's Q2 FY24 consolidated net profit higher at Rs. 67.15 crores



Posted On : 2023-11-05 23:34:38( TIMEZONE : IST )

HBL Power Systems Ltd's Q2 FY24 consolidated net profit higher at Rs. 67.15 crores

HBL Power Systems 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. 559.9390 crores during the period ended September 30, 2023 as compared to Rs. 470.1619 crores during the period ended June 30, 2023.

The company has posted net profit / (loss) of Rs. 67.1579 crores for the period ended September 30, 2023 as against net profit / (loss) of Rs. 51.5076 crores for the period ended June 30, 2023.

The company has reported EPS of Rs. 2.47 for the period ended September 30, 2023 as compared to Rs. 1.86 for the period ended June 30, 2023.

Financials Q2 FY2024 Q1 FY2024 % Change
Total Income ₹ 559.9390 crs ₹470.1619 crs Up Tick / Down Tick19.09%
Net Profit ₹67.1579 crs ₹51.5076 crs Up Tick / Down Tick30.38%
EPS ₹2.47 ₹1.86 Up Tick / Down Tick32.80%

Financial Results (Q2 FY2024) - YoY Comparison

The company has reported total income of Rs. 559.9390 crores during the period ended September 30, 2023 as compared to Rs.318.1570 crores during the period ended September 30, 2022.

The company has posted net profit / (loss) of Rs.67.1579 crores for the period ended September 30, 2023 as against net profit / (loss) of Rs.19.5320 crores for the period ended September 30, 2022.

The company has reported EPS of Rs.2.47 for the period ended September 30, 2023 as compared to Rs.0.71 for the period ended September 30, 2022.

Financials Q2 FY2024 Q2 FY2023 % Change
Total Income ₹ 559.9390 crs ₹318.1570 crs Up Tick / Down Tick75.99%
Net Profit ₹67.1579 crs ₹19.5320 crs Up Tick / Down Tick243.84%
EPS ₹2.47 ₹0.71 Up Tick / Down Tick247.89%

Financial Results (Half Year Ended FY2024) - YoY Comparison

The company has reported total income of Rs.1030.1009 crores during the 6 Months period ended September 30, 2023 as compared to Rs.641.1416 crores during the 6 Months period ended September 30, 2022.

The company has posted net profit / (loss) of Rs.118.6655 crores for the 6 Months period ended September 30, 2023 as against net profit / (loss) of Rs.39.5079 crores for the 6 Months period ended September 30, 2022.

The company has reported EPS of Rs.4.33 for the 6 Months period ended September 30, 2023 as compared to Rs.1.42 for the 6 Months period ended September 30, 2022.

Financials Half Year Ended FY2024 Half Year Ended FY2023 % Change
Total Income ₹1030.1009 crs ₹641.1416 crs Up Tick / Down Tick60.67%
Net Profit ₹118.6655 crs ₹39.5079 crs Up Tick / Down Tick200.36%
EPS ₹4.33 ₹1.42 Up Tick / Down Tick204.93%

Shares of HBL Power Systems Limited was last trading in BSE at Rs. 287.80 as compared to the previous close of Rs. 292.60. The total number of shares traded during the day was 62957 in over 1435 trades.

The stock hit an intraday high of Rs. 295.30 and intraday low of 284.20. The net turnover during the day was Rs. 18366838.00.

Source : Equity Bulls

Keywords

HBLPowerSystems Q2FY24 H1FY24 ResultUpdate