Stock Report

Hitachi Energy India Ltd Q2 FY2024 PAT up QoQ to Rs. 24.74 crores



Posted On : 2023-11-06 23:00:04( TIMEZONE : IST )

Hitachi Energy India Ltd Q2 FY2024 PAT up QoQ to Rs. 24.74 crores

ABB Power Products and Systems India 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. 1228.16 crores during the period ended September 30, 2023 as compared to Rs. 1043 crores during the period ended June 30, 2023.

The company has posted net profit / (loss) of Rs. 24.74 crores for the period ended September 30, 2023 as against net profit / (loss) of Rs. 2.41 crores for the period ended June 30, 2023.

The company has reported EPS of Rs. 5.84 for the period ended September 30, 2023 as compared to Rs. 0.57 for the period ended June 30, 2023.

Financials Q2 FY2024 Q1 FY2024 % Change
Total Income ₹ 1228.16 crs ₹1043 crs Up Tick / Down Tick17.75%
Net Profit ₹24.74 crs ₹2.41 crs Up Tick / Down Tick926.56%
EPS ₹5.84 ₹0.57 Up Tick / Down Tick924.56%

Financial Results (Q2 FY2024) - YoY Comparison

The company has reported total income of Rs. 1228.16 crores during the period ended September 30, 2023 as compared to Rs.1115 crores during the period ended September 30, 2022.

The company has posted net profit / (loss) of Rs.24.74 crores for the period ended September 30, 2023 as against net profit / (loss) of Rs.37.17 crores for the period ended September 30, 2022.

The company has reported EPS of Rs.5.84 for the period ended September 30, 2023 as compared to Rs.8.77 for the period ended September 30, 2022.

Financials Q2 FY2024 Q2 FY2023 % Change
Total Income ₹ 1228.16 crs ₹1115 crs Up Tick / Down Tick10.15%
Net Profit ₹24.74 crs ₹37.17 crs Up Tick / Down Tick-33.44%
EPS ₹5.84 ₹8.77 Up Tick / Down Tick-33.41%

Financial Results (Half Year Ended FY2024) - YoY Comparison

The company has reported total income of Rs.2271.16 crores during the 6 Months period ended September 30, 2023 as compared to Rs.2106.32 crores during the 6 Months period ended September 30, 2022.

The company has posted net profit / (loss) of Rs.27.15 crores for the 6 Months period ended September 30, 2023 as against net profit / (loss) of Rs.38.51 crores for the 6 Months period ended September 30, 2022.

The company has reported EPS of Rs.6.41 for the 6 Months period ended September 30, 2023 as compared to Rs.9.09 for the 6 Months period ended September 30, 2022.

Financials Half Year Ended FY2024 Half Year Ended FY2023 % Change
Total Income ₹2271.16 crs ₹2106.32 crs Up Tick / Down Tick7.83%
Net Profit ₹27.15 crs ₹38.51 crs Up Tick / Down Tick-29.50%
EPS ₹6.41 ₹9.09 Up Tick / Down Tick-29.48%

Shares of ABB Power Products and Systems India Limited was last trading in BSE at Rs. 4463.05 as compared to the previous close of Rs. 4469.85. The total number of shares traded during the day was 10698 in over 286 trades.

The stock hit an intraday high of Rs. 4534.00 and intraday low of 4394.80. The net turnover during the day was Rs. 47449033.00.

Source : Equity Bulls

Keywords

HitachiEnergyIndia Q2FY24 H1FY24 ResultUpdate