Stock Report

Asian Tea and Exports Ltd consolidated Q2FY24 PAT falls to Rs. 14.36 lakhs



Posted On : 2023-11-13 16:43:48( TIMEZONE : IST )

Asian Tea and Exports Ltd consolidated Q2FY24 PAT falls to Rs. 14.36 lakhs

ASIAN TEA & EXPORTS LTD. has reported Consolidated financial results for the period ended September 30, 2023.

Financial Results (Q2 FY2024) - QoQ Comparison

The company has reported total income of Rs. 10.3052 crores during the period ended September 30, 2023 as compared to Rs. 6.3041 crores during the period ended June 30, 2023.

The company has posted net profit / (loss) of Rs. 0.1436 crores for the period ended September 30, 2023 as against net profit / (loss) of Rs. 0.5362 crores for the period ended June 30, 2023.

The company has reported EPS of Rs. 0.07 for the period ended September 30, 2023 as compared to Rs. 0.27 for the period ended June 30, 2023.

Financials Q2 FY2024 Q1 FY2024 % Change
Total Income ₹ 10.3052 crs ₹6.3041 crs Up Tick / Down Tick63.47%
Net Profit ₹0.1436 crs ₹0.5362 crs Up Tick / Down Tick-73.22%
EPS ₹0.07 ₹0.27 Up Tick / Down Tick-74.07%

Financial Results (Q2 FY2024) - YoY Comparison

The company has reported total income of Rs. 10.3052 crores during the period ended September 30, 2023 as compared to Rs.12.4109 crores during the period ended September 30, 2022.

The company has posted net profit / (loss) of Rs.0.1436 crores for the period ended September 30, 2023 as against net profit / (loss) of Rs.0.9239 crores for the period ended September 30, 2022.

The company has reported EPS of Rs.0.07 for the period ended September 30, 2023 as compared to Rs.0.46 for the period ended September 30, 2022.

Financials Q2 FY2024 Q2 FY2023 % Change
Total Income ₹ 10.3052 crs ₹12.4109 crs Up Tick / Down Tick-16.97%
Net Profit ₹0.1436 crs ₹0.9239 crs Up Tick / Down Tick-84.46%
EPS ₹0.07 ₹0.46 Up Tick / Down Tick-84.78%

Financial Results (Half Year Ended FY2024) - YoY Comparison

The company has reported total income of Rs.16.6093 crores during the 6 Months period ended September 30, 2023 as compared to Rs.20.6928 crores during the 6 Months period ended September 30, 2022.

The company has posted net profit / (loss) of Rs.0.6798 crores for the 6 Months period ended September 30, 2023 as against net profit / (loss) of Rs.1.6663 crores for the 6 Months period ended September 30, 2022.

The company has reported EPS of Rs.0.34 for the 6 Months period ended September 30, 2023 as compared to Rs.0.83 for the 6 Months period ended September 30, 2022.

Financials Half Year Ended FY2024 Half Year Ended FY2023 % Change
Total Income ₹16.6093 crs ₹20.6928 crs Up Tick / Down Tick-19.73%
Net Profit ₹0.6798 crs ₹1.6663 crs Up Tick / Down Tick-59.20%
EPS ₹0.34 ₹0.83 Up Tick / Down Tick-59.04%

Shares of ASIAN TEA & EXPORTS LTD. was last trading in BSE at Rs. 13.03 as compared to the previous close of Rs. 13.29. The total number of shares traded during the day was 22974 in over 83 trades.

The stock hit an intraday high of Rs. 13.40 and intraday low of 13.00. The net turnover during the day was Rs. 300735.00.

Source : Equity Bulls

Keywords

AsianTeaandExports Q2FY24 H1FY24 ResultUpdate