Suryo Foods and Industries Ltd Q2 FY2024 PAT drops QoQ to Rs. 16.32 lakhs

SURYO FOODS & INDUSTRIES 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. 0.2561 crores during the period ended September 30, 2023 as compared to Rs. 1.0745 crores during the period ended June 30, 2023.

The company has posted net profit / (loss) of Rs. 0.1632 crores for the period ended September 30, 2023 as against net profit / (loss) of Rs. 0.9371 crores for the period ended June 30, 2023.

The company has reported EPS of Rs. 0.41 for the period ended September 30, 2023 as compared to Rs. 2.37 for the period ended June 30, 2023.

Financials	Q2 FY2024	Q1 FY2024	% Change
Total Income	₹ 0.2561 crs	₹1.0745 crs	-76.17%
Net Profit	₹0.1632 crs	₹0.9371 crs	-82.58%
EPS	₹0.41	₹2.37	-82.70%

Financial Results (Q2 FY2024) - YoY Comparison

The company has reported total income of Rs. 0.2561 crores during the period ended September 30, 2023 as compared to Rs.0.1329 crores during the period ended September 30, 2022.

The company has posted net profit / (loss) of Rs.0.1632 crores for the period ended September 30, 2023 as against net profit / (loss) of Rs.0.0122 crores for the period ended September 30, 2022.

The company has reported EPS of Rs.0.41 for the period ended September 30, 2023 as compared to Rs.0.03 for the period ended September 30, 2022.

Financials	Q2 FY2024	Q2 FY2023	% Change
Total Income	₹ 0.2561 crs	₹0.1329 crs	92.70%
Net Profit	₹0.1632 crs	₹0.0122 crs	1,237.70%
EPS	₹0.41	₹0.03	1,266.67%

Financial Results (Half Year Ended FY2024) - YoY Comparison

The company has reported total income of Rs.1.3306 crores during the 6 Months period ended September 30, 2023 as compared to Rs.0.1409 crores during the 6 Months period ended September 30, 2022.

The company has posted net profit / (loss) of Rs.1.1003 crores for the 6 Months period ended September 30, 2023 as against net profit / (loss) of Rs.-0.2401 crores for the 6 Months period ended September 30, 2022.

The company has reported EPS of Rs.2.78 for the 6 Months period ended September 30, 2023 as compared to Rs.-0.61 for the 6 Months period ended September 30, 2022.

Financials	Half Year Ended FY2024	Half Year Ended FY2023	% Change
Total Income	₹1.3306 crs	₹0.1409 crs	844.36%
Net Profit	₹1.1003 crs	₹-0.2401 crs	558.27%
EPS	₹2.78	₹-0.61	555.74%

Shares of SURYO FOODS & INDUSTRIES LTD. was last trading in BSE at Rs. 13.50 as compared to the previous close of Rs. 13.50. The total number of shares traded during the day was 1050 in over 7 trades.

The stock hit an intraday high of Rs. 13.50 and intraday low of 13.50. The net turnover during the day was Rs. 14175.00.

Source : Equity Bulls

Keywords

SuryoFoodsandIndustries Q2FY24 H1FY24 ResultUpdate