Patel Integrated Logistics Ltd posts net profit of Rs. 1.34 crore in Q2 FY24

Patel Integrated Logistics 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. 67.2179 crores during the period ended September 30, 2023 as compared to Rs. 61.4160 crores during the period ended June 30, 2023.

The company has posted net profit / (loss) of Rs. 1.3425 crores for the period ended September 30, 2023 as against net profit / (loss) of Rs. 1.0360 crores for the period ended June 30, 2023.

The company has reported EPS of Rs. 0.21 for the period ended September 30, 2023 as compared to Rs. 0.16 for the period ended June 30, 2023.

Financials	Q2 FY2024	Q1 FY2024	% Change
Total Income	₹ 67.2179 crs	₹61.4160 crs	9.45%
Net Profit	₹1.3425 crs	₹1.0360 crs	29.58%
EPS	₹0.21	₹0.16	31.25%

Financial Results (Q2 FY2024) - YoY Comparison

The company has reported total income of Rs. 67.2179 crores during the period ended September 30, 2023 as compared to Rs.81.9774 crores during the period ended September 30, 2022.

The company has posted net profit / (loss) of Rs.1.3425 crores for the period ended September 30, 2023 as against net profit / (loss) of Rs.1.2465 crores for the period ended September 30, 2022.

The company has reported EPS of Rs.0.21 for the period ended September 30, 2023 as compared to Rs.0.19 for the period ended September 30, 2022.

Financials	Q2 FY2024	Q2 FY2023	% Change
Total Income	₹ 67.2179 crs	₹81.9774 crs	-18.00%
Net Profit	₹1.3425 crs	₹1.2465 crs	7.70%
EPS	₹0.21	₹0.19	10.53%

Financial Results (Half Year Ended FY2024) - YoY Comparison

The company has reported total income of Rs.128.6339 crores during the 6 Months period ended September 30, 2023 as compared to Rs.153.7341 crores during the 6 Months period ended September 30, 2022.

The company has posted net profit / (loss) of Rs.2.3785 crores for the 6 Months period ended September 30, 2023 as against net profit / (loss) of Rs.2.36 crores for the 6 Months period ended September 30, 2022.

The company has reported EPS of Rs.0.37 for the 6 Months period ended September 30, 2023 as compared to Rs.0.36 for the 6 Months period ended September 30, 2022.

Financials	Half Year Ended FY2024	Half Year Ended FY2023	% Change
Total Income	₹128.6339 crs	₹153.7341 crs	-16.33%
Net Profit	₹2.3785 crs	₹2.36 crs	0.78%
EPS	₹0.37	₹0.36	2.78%

Shares of Patel Integrated Logistics Limited was last trading in BSE at Rs. 15.00 as compared to the previous close of Rs. 15.23. The total number of shares traded during the day was 37200 in over 78 trades.

The stock hit an intraday high of Rs. 15.35 and intraday low of 14.82. The net turnover during the day was Rs. 560600.00.

Source : Equity Bulls

Keywords

PatelIntegratedLogistics Q2FY24 H1FY24 ResultUpdate