Stock Report

The Ugar Sugar Works Ltd Q2 FY24 consolidated loss widens to Rs. 33.19 crores



Posted On : 2023-11-13 20:51:55( TIMEZONE : IST )

The Ugar Sugar Works Ltd Q2 FY24 consolidated loss widens to Rs. 33.19 crores

The Ugar Sugar Works Limited 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. 269.7645 crores during the period ended September 30, 2023 as compared to Rs. 219.8457 crores during the period ended June 30, 2023.

The company has posted net profit / (loss) of Rs. -33.1980 crores for the period ended September 30, 2023 as against net profit / (loss) of Rs. -9.1369 crores for the period ended June 30, 2023.

The company has reported EPS of Rs. -2.95 for the period ended September 30, 2023 as compared to Rs. -0.81 for the period ended June 30, 2023.

Financials Q2 FY2024 Q1 FY2024 % Change
Total Income ₹ 269.7645 crs ₹219.8457 crs Up Tick / Down Tick22.71%
Net Profit ₹-33.1980 crs ₹-9.1369 crs Up Tick / Down Tick263.34%
EPS ₹-2.95 ₹-0.81 Up Tick / Down Tick264.20%

Financial Results (Q2 FY2024) - YoY Comparison

The company has reported total income of Rs. 269.7645 crores during the period ended September 30, 2023 as compared to Rs.290.2617 crores during the period ended September 30, 2022.

The company has posted net profit / (loss) of Rs.-33.1980 crores for the period ended September 30, 2023 as against net profit / (loss) of Rs.-13.4801 crores for the period ended September 30, 2022.

The company has reported EPS of Rs.-2.95 for the period ended September 30, 2023 as compared to Rs.-1.20 for the period ended September 30, 2022.

Financials Q2 FY2024 Q2 FY2023 % Change
Total Income ₹ 269.7645 crs ₹290.2617 crs Up Tick / Down Tick-7.06%
Net Profit ₹-33.1980 crs ₹-13.4801 crs Up Tick / Down Tick146.27%
EPS ₹-2.95 ₹-1.20 Up Tick / Down Tick145.83%

Financial Results (Half Year Ended FY2024) - YoY Comparison

The company has reported total income of Rs.489.6102 crores during the 6 Months period ended September 30, 2023 as compared to Rs.664.7984 crores during the 6 Months period ended September 30, 2022.

The company has posted net profit / (loss) of Rs.-42.3349 crores for the 6 Months period ended September 30, 2023 as against net profit / (loss) of Rs.-7.7389 crores for the 6 Months period ended September 30, 2022.

The company has reported EPS of Rs.-3.76 for the 6 Months period ended September 30, 2023 as compared to Rs.-0.69 for the 6 Months period ended September 30, 2022.

Financials Half Year Ended FY2024 Half Year Ended FY2023 % Change
Total Income ₹489.6102 crs ₹664.7984 crs Up Tick / Down Tick-26.35%
Net Profit ₹-42.3349 crs ₹-7.7389 crs Up Tick / Down Tick447.04%
EPS ₹-3.76 ₹-0.69 Up Tick / Down Tick444.93%

Shares of The Ugar Sugar Works Limited was last trading in BSE at Rs. 90.47 as compared to the previous close of Rs. 92.06. The total number of shares traded during the day was 5900 in over 194 trades.

The stock hit an intraday high of Rs. 92.00 and intraday low of 90.00. The net turnover during the day was Rs. 533386.00.

Source : Equity Bulls

Keywords

TheUgarSugarWorks Q2FY24 H1FY24 ResultUpdate