NDR Auto Components Ltd consolidated Q2FY24 PAT increases to Rs. 10.31 crores

Ndr Auto Components 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. 158.1933 crores during the period ended September 30, 2023 as compared to Rs. 128.9212 crores during the period ended June 30, 2023.

The company has posted net profit / (loss) of Rs. 10.3164 crores for the period ended September 30, 2023 as against net profit / (loss) of Rs. 8.2442 crores for the period ended June 30, 2023.

The company has reported EPS of Rs. 8.67 for the period ended September 30, 2023 as compared to Rs. 6.93 for the period ended June 30, 2023.

Financials	Q2 FY2024	Q1 FY2024	% Change
Total Income	₹ 158.1933 crs	₹128.9212 crs	22.71%
Net Profit	₹10.3164 crs	₹8.2442 crs	25.14%
EPS	₹8.67	₹6.93	25.11%

Financial Results (Q2 FY2024) - YoY Comparison

The company has reported total income of Rs. 158.1933 crores during the period ended September 30, 2023 as compared to Rs.94.9056 crores during the period ended September 30, 2022.

The company has posted net profit / (loss) of Rs.10.3164 crores for the period ended September 30, 2023 as against net profit / (loss) of Rs.8.4114 crores for the period ended September 30, 2022.

The company has reported EPS of Rs.8.67 for the period ended September 30, 2023 as compared to Rs.7.07 for the period ended September 30, 2022.

Financials	Q2 FY2024	Q2 FY2023	% Change
Total Income	₹ 158.1933 crs	₹94.9056 crs	66.68%
Net Profit	₹10.3164 crs	₹8.4114 crs	22.65%
EPS	₹8.67	₹7.07	22.63%

Financial Results (Half Year Ended FY2024) - YoY Comparison

The company has reported total income of Rs.287.1145 crores during the 6 Months period ended September 30, 2023 as compared to Rs.159.0002 crores during the 6 Months period ended September 30, 2022.

The company has posted net profit / (loss) of Rs.18.5606 crores for the 6 Months period ended September 30, 2023 as against net profit / (loss) of Rs.12.4617 crores for the 6 Months period ended September 30, 2022.

The company has reported EPS of Rs.15.61 for the 6 Months period ended September 30, 2023 as compared to Rs.10.48 for the 6 Months period ended September 30, 2022.

Financials	Half Year Ended FY2024	Half Year Ended FY2023	% Change
Total Income	₹287.1145 crs	₹159.0002 crs	80.57%
Net Profit	₹18.5606 crs	₹12.4617 crs	48.94%
EPS	₹15.61	₹10.48	48.95%

Shares of Ndr Auto Components Limited was last trading in BSE at Rs. 682.80 as compared to the previous close of Rs. 676.35. The total number of shares traded during the day was 1287 in over 81 trades.

The stock hit an intraday high of Rs. 710.00 and intraday low of 676.00. The net turnover during the day was Rs. 888585.00.

Source : Equity Bulls

Keywords

NDRAutoComponents Q2FY24 H1FY24 ResultUpdate