Stock Report

Sofcom Systems Ltd Q2 FY24 PAT at Rs. 8.01 lakhs



Posted On : 2023-11-13 12:33:06( TIMEZONE : IST )

Sofcom Systems Ltd Q2 FY24 PAT at Rs. 8.01 lakhs

Sofcom Systems 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. 0.08545 crores during the period ended September 30, 2023 as compared to Rs. 0.1500 crores during the period ended June 30, 2023.

The company has posted net profit / (loss) of Rs. 0.0801 crores for the period ended September 30, 2023 as against net profit / (loss) of Rs. 0.1085 crores for the period ended June 30, 2023.

The company has reported EPS of Rs. 0.193 for the period ended September 30, 2023 as compared to Rs. 0.261 for the period ended June 30, 2023.

Financials Q2 FY2024 Q1 FY2024 % Change
Total Income ₹ 0.08545 crs ₹0.1500 crs Up Tick / Down Tick-43.03%
Net Profit ₹0.0801 crs ₹0.1085 crs Up Tick / Down Tick-26.18%
EPS ₹0.193 ₹0.261 Up Tick / Down Tick-26.05%

Financial Results (Q2 FY2024) - YoY Comparison

The company has reported total income of Rs. 0.08545 crores during the period ended September 30, 2023 as compared to Rs.1.2251 crores during the period ended September 30, 2022.

The company has posted net profit / (loss) of Rs.0.0801 crores for the period ended September 30, 2023 as against net profit / (loss) of Rs.0.6259 crores for the period ended September 30, 2022.

The company has reported EPS of Rs.0.193 for the period ended September 30, 2023 as compared to Rs.1.506 for the period ended September 30, 2022.

Financials Q2 FY2024 Q2 FY2023 % Change
Total Income ₹ 0.08545 crs ₹1.2251 crs Up Tick / Down Tick-93.03%
Net Profit ₹0.0801 crs ₹0.6259 crs Up Tick / Down Tick-87.20%
EPS ₹0.193 ₹1.506 Up Tick / Down Tick-87.18%

Financial Results (Half Year Ended FY2024) - YoY Comparison

The company has reported total income of Rs.0.2354 crores during the 6 Months period ended September 30, 2023 as compared to Rs.2.8320 crores during the 6 Months period ended September 30, 2022.

The company has posted net profit / (loss) of Rs.0.1886 crores for the 6 Months period ended September 30, 2023 as against net profit / (loss) of Rs.2.1821 crores for the 6 Months period ended September 30, 2022.

The company has reported EPS of Rs.0.454 for the 6 Months period ended September 30, 2023 as compared to Rs.5.252 for the 6 Months period ended September 30, 2022.

Financials Half Year Ended FY2024 Half Year Ended FY2023 % Change
Total Income ₹0.2354 crs ₹2.8320 crs Up Tick / Down Tick-91.69%
Net Profit ₹0.1886 crs ₹2.1821 crs Up Tick / Down Tick-91.36%
EPS ₹0.454 ₹5.252 Up Tick / Down Tick-91.36%

Shares of Sofcom Systems Ltd was last trading in BSE at Rs. 55.33 as compared to the previous close of Rs. 59.23. The total number of shares traded during the day was 31005 in over 291 trades.

The stock hit an intraday high of Rs. 60.64 and intraday low of 54.50. The net turnover during the day was Rs. 1727101.00.

Source : Equity Bulls

Keywords

SofcomSystems Q2FY24 H1FY24 ResultUpdate