Stock Report

Bihar Sponge Iron Ltd Q2 FY2023-24 net profit at Rs. 1.13 crore



Posted On : 2023-11-06 22:16:20( TIMEZONE : IST )

Bihar Sponge Iron Ltd Q2 FY2023-24 net profit at Rs. 1.13 crore

BIHAR SPONGE IRON 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. 80.1698 crores during the period ended September 30, 2023 as compared to Rs. 54.5865 crores during the period ended June 30, 2023.

The company has posted net profit / (loss) of Rs. 1.1363 crores for the period ended September 30, 2023 as against net profit / (loss) of Rs. 0.6823 crores for the period ended June 30, 2023.

The company has reported EPS of Rs. 0.13 for the period ended September 30, 2023 as compared to Rs. 0.08 for the period ended June 30, 2023.

Financials Q2 FY2024 Q1 FY2024 % Change
Total Income ₹ 80.1698 crs ₹54.5865 crs Up Tick / Down Tick46.87%
Net Profit ₹1.1363 crs ₹0.6823 crs Up Tick / Down Tick66.54%
EPS ₹0.13 ₹0.08 Up Tick / Down Tick62.50%

Financial Results (Q2 FY2024) - YoY Comparison

The company has reported total income of Rs. 80.1698 crores during the period ended September 30, 2023 as compared to Rs.130.1980 crores during the period ended September 30, 2022.

The company has posted net profit / (loss) of Rs.1.1363 crores for the period ended September 30, 2023 as against net profit / (loss) of Rs.3.2057 crores for the period ended September 30, 2022.

The company has reported EPS of Rs.0.13 for the period ended September 30, 2023 as compared to Rs.0.36 for the period ended September 30, 2022.

Financials Q2 FY2024 Q2 FY2023 % Change
Total Income ₹ 80.1698 crs ₹130.1980 crs Up Tick / Down Tick-38.42%
Net Profit ₹1.1363 crs ₹3.2057 crs Up Tick / Down Tick-64.55%
EPS ₹0.13 ₹0.36 Up Tick / Down Tick-63.89%

Financial Results (Half Year Ended FY2024) - YoY Comparison

The company has reported total income of Rs.134.7563 crores during the 6 Months period ended September 30, 2023 as compared to Rs.242.7918 crores during the 6 Months period ended September 30, 2022.

The company has posted net profit / (loss) of Rs.1.8186 crores for the 6 Months period ended September 30, 2023 as against net profit / (loss) of Rs.3.7360 crores for the 6 Months period ended September 30, 2022.

The company has reported EPS of Rs.0.20 for the 6 Months period ended September 30, 2023 as compared to Rs.0.41 for the 6 Months period ended September 30, 2022.

Financials Half Year Ended FY2024 Half Year Ended FY2023 % Change
Total Income ₹134.7563 crs ₹242.7918 crs Up Tick / Down Tick-44.50%
Net Profit ₹1.8186 crs ₹3.7360 crs Up Tick / Down Tick-51.32%
EPS ₹0.20 ₹0.41 Up Tick / Down Tick-51.22%

Shares of BIHAR SPONGE IRON LTD. was last trading in BSE at Rs. 9.90 as compared to the previous close of Rs. 9.98. The total number of shares traded during the day was 18420 in over 129 trades.

The stock hit an intraday high of Rs. 10.24 and intraday low of 9.84. The net turnover during the day was Rs. 183694.00.

Source : Equity Bulls

Keywords

BiharSpongeIron Q2FY24 H1FY24 ResultUpdate