Stock Report

Conart Engineers Ltd posts Rs. 77.02 lakhs net profit in Q2 FY24



Posted On : 2023-11-13 13:38:33( TIMEZONE : IST )

Conart Engineers Ltd posts Rs. 77.02 lakhs net profit in Q2 FY24

CONART ENGINEERS 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. 11.9076 crores during the period ended September 30, 2023 as compared to Rs. 8.7795 crores during the period ended June 30, 2023.

The company has posted net profit / (loss) of Rs. 0.7702 crores for the period ended September 30, 2023 as against net profit / (loss) of Rs. 0.1312 crores for the period ended June 30, 2023.

The company has reported EPS of Rs. 2.45 for the period ended September 30, 2023 as compared to Rs. 0.42 for the period ended June 30, 2023.

Financials Q2 FY2024 Q1 FY2024 % Change
Total Income ₹ 11.9076 crs ₹8.7795 crs Up Tick / Down Tick35.63%
Net Profit ₹0.7702 crs ₹0.1312 crs Up Tick / Down Tick487.04%
EPS ₹2.45 ₹0.42 Up Tick / Down Tick483.33%

Financial Results (Q2 FY2024) - YoY Comparison

The company has reported total income of Rs. 11.9076 crores during the period ended September 30, 2023 as compared to Rs.13.3088 crores during the period ended September 30, 2022.

The company has posted net profit / (loss) of Rs.0.7702 crores for the period ended September 30, 2023 as against net profit / (loss) of Rs.0.3267 crores for the period ended September 30, 2022.

The company has reported EPS of Rs.2.45 for the period ended September 30, 2023 as compared to Rs.1.04 for the period ended September 30, 2022.

Financials Q2 FY2024 Q2 FY2023 % Change
Total Income ₹ 11.9076 crs ₹13.3088 crs Up Tick / Down Tick-10.53%
Net Profit ₹0.7702 crs ₹0.3267 crs Up Tick / Down Tick135.75%
EPS ₹2.45 ₹1.04 Up Tick / Down Tick135.58%

Financial Results (Half Year Ended FY2024) - YoY Comparison

The company has reported total income of Rs.20.6870 crores during the 6 Months period ended September 30, 2023 as compared to Rs.19.0445 crores during the 6 Months period ended September 30, 2022.

The company has posted net profit / (loss) of Rs.0.9012 crores for the 6 Months period ended September 30, 2023 as against net profit / (loss) of Rs.0.7437 crores for the 6 Months period ended September 30, 2022.

The company has reported EPS of Rs.2.87 for the 6 Months period ended September 30, 2023 as compared to Rs.2.37 for the 6 Months period ended September 30, 2022.

Financials Half Year Ended FY2024 Half Year Ended FY2023 % Change
Total Income ₹20.6870 crs ₹19.0445 crs Up Tick / Down Tick8.62%
Net Profit ₹0.9012 crs ₹0.7437 crs Up Tick / Down Tick21.18%
EPS ₹2.87 ₹2.37 Up Tick / Down Tick21.10%

Shares of CONART ENGINEERS LTD. was last trading in BSE at Rs. 52.45 as compared to the previous close of Rs. 53.26. The total number of shares traded during the day was 3217 in over 68 trades.

The stock hit an intraday high of Rs. 54.00 and intraday low of 52.10. The net turnover during the day was Rs. 169170.00.

Source : Equity Bulls

Keywords

ConartEngineers Q2FY24 H1FY24 ResultUpdate