Stock Report

Standard Industries Ltd Q2 FY2024 consolidated loss at Rs. 4.70 crore



Posted On : 2023-11-06 22:13:36( TIMEZONE : IST )

Standard Industries Ltd Q2 FY2024 consolidated loss at Rs. 4.70 crore

Standard Industries 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. 5.9541 crores during the period ended September 30, 2023 as compared to Rs. 10.1979 crores during the period ended June 30, 2023.

The company has posted net profit / (loss) of Rs. -4.7093 crores for the period ended September 30, 2023 as against net profit / (loss) of Rs. -2.7822 crores for the period ended June 30, 2023.

The company has reported EPS of Rs. -0.73 for the period ended September 30, 2023 as compared to Rs. -0.43 for the period ended June 30, 2023.

Financials Q2 FY2024 Q1 FY2024 % Change
Total Income ₹ 5.9541 crs ₹10.1979 crs Up Tick / Down Tick-41.61%
Net Profit ₹-4.7093 crs ₹-2.7822 crs Up Tick / Down Tick69.27%
EPS ₹-0.73 ₹-0.43 Up Tick / Down Tick69.77%

Financial Results (Q2 FY2024) - YoY Comparison

The company has reported total income of Rs. 5.9541 crores during the period ended September 30, 2023 as compared to Rs.10.3550 crores during the period ended September 30, 2022.

The company has posted net profit / (loss) of Rs.-4.7093 crores for the period ended September 30, 2023 as against net profit / (loss) of Rs.1.4472 crores for the period ended September 30, 2022.

The company has reported EPS of Rs.-0.73 for the period ended September 30, 2023 as compared to Rs.0.22 for the period ended September 30, 2022.

Financials Q2 FY2024 Q2 FY2023 % Change
Total Income ₹ 5.9541 crs ₹10.3550 crs Up Tick / Down Tick-42.50%
Net Profit ₹-4.7093 crs ₹1.4472 crs Up Tick / Down Tick-425.41%
EPS ₹-0.73 ₹0.22 Up Tick / Down Tick-431.82%

Financial Results (Half Year Ended FY2024) - YoY Comparison

The company has reported total income of Rs.16.1520 crores during the 6 Months period ended September 30, 2023 as compared to Rs.25.4724 crores during the 6 Months period ended September 30, 2022.

The company has posted net profit / (loss) of Rs.-7.4915 crores for the 6 Months period ended September 30, 2023 as against net profit / (loss) of Rs.4.5554 crores for the 6 Months period ended September 30, 2022.

The company has reported EPS of Rs.-1.16 for the 6 Months period ended September 30, 2023 as compared to Rs.0.71 for the 6 Months period ended September 30, 2022.

Financials Half Year Ended FY2024 Half Year Ended FY2023 % Change
Total Income ₹16.1520 crs ₹25.4724 crs Up Tick / Down Tick-36.59%
Net Profit ₹-7.4915 crs ₹4.5554 crs Up Tick / Down Tick-264.45%
EPS ₹-1.16 ₹0.71 Up Tick / Down Tick-263.38%

Shares of Standard Industries Limited was last trading in BSE at Rs. 22.08 as compared to the previous close of Rs. 22.23. The total number of shares traded during the day was 6108 in over 78 trades.

The stock hit an intraday high of Rs. 22.45 and intraday low of 22.00. The net turnover during the day was Rs. 136107.00.

Source : Equity Bulls

Keywords

StandardIndustries Q2FY24 H1FY24 ResultUpdate