Stock Report

Fairchem Organics Ltd Q2 FY2024 PAT jumps to Rs. 10.28 crores



Posted On : 2023-11-07 11:30:04( TIMEZONE : IST )

Fairchem Organics Ltd Q2 FY2024 PAT jumps to Rs. 10.28 crores

Fairchem Organics 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. 152.6590 crores during the period ended September 30, 2023 as compared to Rs. 160.7444 crores during the period ended June 30, 2023.

The company has posted net profit / (loss) of Rs. 10.2856 crores for the period ended September 30, 2023 as against net profit / (loss) of Rs. 6.1226 crores for the period ended June 30, 2023.

The company has reported EPS of Rs. 7.90 for the period ended September 30, 2023 as compared to Rs. 4.70 for the period ended June 30, 2023.

Financials Q2 FY2024 Q1 FY2024 % Change
Total Income ₹ 152.6590 crs ₹160.7444 crs Up Tick / Down Tick-5.03%
Net Profit ₹10.2856 crs ₹6.1226 crs Up Tick / Down Tick67.99%
EPS ₹7.90 ₹4.70 Up Tick / Down Tick68.09%

Financial Results (Q2 FY2024) - YoY Comparison

The company has reported total income of Rs. 152.6590 crores during the period ended September 30, 2023 as compared to Rs.168.5425 crores during the period ended September 30, 2022.

The company has posted net profit / (loss) of Rs.10.2856 crores for the period ended September 30, 2023 as against net profit / (loss) of Rs.4.0030 crores for the period ended September 30, 2022.

The company has reported EPS of Rs.7.90 for the period ended September 30, 2023 as compared to Rs.3.07 for the period ended September 30, 2022.

Financials Q2 FY2024 Q2 FY2023 % Change
Total Income ₹ 152.6590 crs ₹168.5425 crs Up Tick / Down Tick-9.42%
Net Profit ₹10.2856 crs ₹4.0030 crs Up Tick / Down Tick156.95%
EPS ₹7.90 ₹3.07 Up Tick / Down Tick157.33%

Financial Results (Half Year Ended FY2024) - YoY Comparison

The company has reported total income of Rs.313.4034 crores during the 6 Months period ended September 30, 2023 as compared to Rs.393.8932 crores during the 6 Months period ended September 30, 2022.

The company has posted net profit / (loss) of Rs.16.4082 crores for the 6 Months period ended September 30, 2023 as against net profit / (loss) of Rs.31.0325 crores for the 6 Months period ended September 30, 2022.

The company has reported EPS of Rs.12.60 for the 6 Months period ended September 30, 2023 as compared to Rs.23.83 for the 6 Months period ended September 30, 2022.

Financials Half Year Ended FY2024 Half Year Ended FY2023 % Change
Total Income ₹313.4034 crs ₹393.8932 crs Up Tick / Down Tick-20.43%
Net Profit ₹16.4082 crs ₹31.0325 crs Up Tick / Down Tick-47.13%
EPS ₹12.60 ₹23.83 Up Tick / Down Tick-47.13%

Shares of Fairchem Organics Limited was last trading in BSE at Rs. 1156.25 as compared to the previous close of Rs. 1130.95. The total number of shares traded during the day was 405 in over 91 trades.

The stock hit an intraday high of Rs. 1163.50 and intraday low of 1133.90. The net turnover during the day was Rs. 465291.00.

Source : Equity Bulls

Keywords

FairchemOrganics Q2FY24 H1FY24 ResultUpdate