ASI Industries Ltd Q2 FY24 loss at Rs. 1.64 crore

ASI Industries Ltd 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. 21.8432 crores during the period ended September 30, 2023 as compared to Rs. 37.8333 crores during the period ended June 30, 2023.

The company has posted net profit / (loss) of Rs. -1.6426 crores for the period ended September 30, 2023 as against net profit / (loss) of Rs. 4.2310 crores for the period ended June 30, 2023.

The company has reported EPS of Rs. -0.18 for the period ended September 30, 2023 as compared to Rs. 0.47 for the period ended June 30, 2023.

Financials	Q2 FY2024	Q1 FY2024	% Change
Total Income	₹ 21.8432 crs	₹37.8333 crs	-42.26%
Net Profit	₹-1.6426 crs	₹4.2310 crs	-138.82%
EPS	₹-0.18	₹0.47	-138.30%

Financial Results (Q2 FY2024) - YoY Comparison

The company has reported total income of Rs. 21.8432 crores during the period ended September 30, 2023 as compared to Rs.16.9114 crores during the period ended September 30, 2022.

The company has posted net profit / (loss) of Rs.-1.6426 crores for the period ended September 30, 2023 as against net profit / (loss) of Rs.-3.5141 crores for the period ended September 30, 2022.

The company has reported EPS of Rs.-0.18 for the period ended September 30, 2023 as compared to Rs.-0.39 for the period ended September 30, 2022.

Financials	Q2 FY2024	Q2 FY2023	% Change
Total Income	₹ 21.8432 crs	₹16.9114 crs	29.16%
Net Profit	₹-1.6426 crs	₹-3.5141 crs	53.26%
EPS	₹-0.18	₹-0.39	53.85%

Financial Results (Half Year Ended FY2024) - YoY Comparison

The company has reported total income of Rs.59.6765 crores during the 6 Months period ended September 30, 2023 as compared to Rs.54.0528 crores during the 6 Months period ended September 30, 2022.

The company has posted net profit / (loss) of Rs.2.5884 crores for the 6 Months period ended September 30, 2023 as against net profit / (loss) of Rs.-1.3885 crores for the 6 Months period ended September 30, 2022.

The company has reported EPS of Rs.0.29 for the 6 Months period ended September 30, 2023 as compared to Rs.-0.15 for the 6 Months period ended September 30, 2022.

Financials	Half Year Ended FY2024	Half Year Ended FY2023	% Change
Total Income	₹59.6765 crs	₹54.0528 crs	10.40%
Net Profit	₹2.5884 crs	₹-1.3885 crs	286.42%
EPS	₹0.29	₹-0.15	293.33%

Shares of ASI Industries Ltd was last trading in BSE at Rs. 24.10 as compared to the previous close of Rs. 25.23. The total number of shares traded during the day was 220695 in over 907 trades.

The stock hit an intraday high of Rs. 26.18 and intraday low of 23.50. The net turnover during the day was Rs. 5449454.00.

Source : Equity Bulls

Keywords

ASIIndustries Q2FY24 H1FY24 ResultUpdate