Poddar Pigments Ltd Q2 FY2023-24 net profit lower at Rs. 6.06 crores

Poddar Pigments Limited has reported Standalone financial results for the period ended September 30, 2023.

Financial Results (Q2 FY2024) - QoQ Comparison

The company has reported total income of Rs. 90.9080 crores during the period ended September 30, 2023 as compared to Rs. 93.0655 crores during the period ended June 30, 2023.

The company has posted net profit / (loss) of Rs. 6.0654 crores for the period ended September 30, 2023 as against net profit / (loss) of Rs. 6.8667 crores for the period ended June 30, 2023.

The company has reported EPS of Rs. 5.72 for the period ended September 30, 2023 as compared to Rs. 6.47 for the period ended June 30, 2023.

Financials	Q2 FY2024	Q1 FY2024	% Change
Total Income	₹ 90.9080 crs	₹93.0655 crs	-2.32%
Net Profit	₹6.0654 crs	₹6.8667 crs	-11.67%
EPS	₹5.72	₹6.47	-11.59%

Financial Results (Q2 FY2024) - YoY Comparison

The company has reported total income of Rs. 90.9080 crores during the period ended September 30, 2023 as compared to Rs.91.1057 crores during the period ended September 30, 2022.

The company has posted net profit / (loss) of Rs.6.0654 crores for the period ended September 30, 2023 as against net profit / (loss) of Rs.7.4895 crores for the period ended September 30, 2022.

The company has reported EPS of Rs.5.72 for the period ended September 30, 2023 as compared to Rs.7.06 for the period ended September 30, 2022.

Financials	Q2 FY2024	Q2 FY2023	% Change
Total Income	₹ 90.9080 crs	₹91.1057 crs	-0.22%
Net Profit	₹6.0654 crs	₹7.4895 crs	-19.01%
EPS	₹5.72	₹7.06	-18.98%

Financial Results (Half Year Ended FY2024) - YoY Comparison

The company has reported total income of Rs.183.9735 crores during the 6 Months period ended September 30, 2023 as compared to Rs.173.8954 crores during the 6 Months period ended September 30, 2022.

The company has posted net profit / (loss) of Rs.12.9321 crores for the 6 Months period ended September 30, 2023 as against net profit / (loss) of Rs.12.9298 crores for the 6 Months period ended September 30, 2022.

The company has reported EPS of Rs.12.19 for the 6 Months period ended September 30, 2023 as compared to Rs.12.19 for the 6 Months period ended September 30, 2022.

Financials	Half Year Ended FY2024	Half Year Ended FY2023	% Change
Total Income	₹183.9735 crs	₹173.8954 crs	5.80%
Net Profit	₹12.9321 crs	₹12.9298 crs	0.02%
EPS	₹12.19	₹12.19	0.00%

Shares of Poddar Pigments Limited was last trading in BSE at Rs. 370.05 as compared to the previous close of Rs. 374.30. The total number of shares traded during the day was 2986 in over 185 trades.

The stock hit an intraday high of Rs. 374.75 and intraday low of 368.00. The net turnover during the day was Rs. 1105303.00.

Source : Equity Bulls

Keywords

PoddarPigments Q2FY24 H1FY24 ResultUpdate