Stock Report

Polymechplast Machines Ltd Q2 FY2024 consolidated net profit at Rs. 68.69 lakhs



Posted On : 2023-11-06 15:39:14( TIMEZONE : IST )

Polymechplast Machines Ltd Q2 FY2024 consolidated net profit at Rs. 68.69 lakhs

POLYMECHPLAST MACHINES LTD. 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. 15.8286 crores during the period ended September 30, 2023 as compared to Rs. 12.4375 crores during the period ended June 30, 2023.

The company has posted net profit / (loss) of Rs. 0.6869 crores for the period ended September 30, 2023 as against net profit / (loss) of Rs. -0.5415 crores for the period ended June 30, 2023.

The company has reported EPS of Rs. 1.16 for the period ended September 30, 2023 as compared to Rs. -0.97 for the period ended June 30, 2023.

Financials Q2 FY2024 Q1 FY2024 % Change
Total Income ₹ 15.8286 crs ₹12.4375 crs Up Tick / Down Tick27.27%
Net Profit ₹0.6869 crs ₹ -0.5415 crs Up Tick / Down Tick226.85%
EPS ₹1.16 ₹-0.97 Up Tick / Down Tick219.59%

Financial Results (Q2 FY2024) - YoY Comparison

The company has reported total income of Rs. 15.8286 crores during the period ended September 30, 2023 as compared to Rs.20.6848 crores during the period ended September 30, 2022.

The company has posted net profit / (loss) of Rs.0.6869 crores for the period ended September 30, 2023 as against net profit / (loss) of Rs.0.8593 crores for the period ended September 30, 2022.

The company has reported EPS of Rs.1.16 for the period ended September 30, 2023 as compared to Rs.1.53 for the period ended September 30, 2022.

Financials Q2 FY2024 Q2 FY2023 % Change
Total Income ₹ 15.8286 crs ₹20.6848 crs Up Tick / Down Tick-23.48%
Net Profit ₹0.6869 crs ₹0.8593 crs Up Tick / Down Tick-20.06%
EPS ₹1.16 ₹1.53 Up Tick / Down Tick-24.18%

Financial Results (Half Year Ended FY2024) - YoY Comparison

The company has reported total income of Rs.28.2661 crores during the 6 Months period ended September 30, 2023 as compared to Rs.35.2318 crores during the 6 Months period ended September 30, 2022.

The company has posted net profit / (loss) of Rs.0.1453 crores for the 6 Months period ended September 30, 2023 as against net profit / (loss) of Rs.1.2407 crores for the 6 Months period ended September 30, 2022.

The company has reported EPS of Rs.0.19 for the 6 Months period ended September 30, 2023 as compared to Rs.2.20 for the 6 Months period ended September 30, 2022.

Financials Half Year Ended FY2024 Half Year Ended FY2023 % Change
Total Income ₹28.2661 crs ₹35.2318 crs Up Tick / Down Tick-19.77%
Net Profit ₹0.1453 crs ₹1.2407 crs Up Tick / Down Tick-88.29%
EPS ₹0.19 ₹2.20 Up Tick / Down Tick-91.36%

Shares of POLYMECHPLAST MACHINES LTD. was last trading in BSE at Rs. 61.77 as compared to the previous close of Rs. 61.20. The total number of shares traded during the day was 1608 in over 19 trades.

The stock hit an intraday high of Rs. 62.48 and intraday low of 60.01. The net turnover during the day was Rs. 99268.00.

Source : Equity Bulls

Keywords

PolymechplastMachines Q2FY24 H1FY24 ResultUpdate