Danlaw Technologies India Ltd Q2 FY24 PAT jumps to Rs. 5.91 crores

DANLAW TECHNOLOGIES INDIA 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. 50.0781 crores during the period ended September 30, 2023 as compared to Rs. 46.4784 crores during the period ended June 30, 2023.

The company has posted net profit / (loss) of Rs. 5.9184 crores for the period ended September 30, 2023 as against net profit / (loss) of Rs. 3.6574 crores for the period ended June 30, 2023.

The company has reported EPS of Rs. 12.15 for the period ended September 30, 2023 as compared to Rs. 7.51 for the period ended June 30, 2023.

Financials	Q2 FY2024	Q1 FY2024	% Change
Total Income	₹ 50.0781 crs	₹46.4784 crs	7.74%
Net Profit	₹5.9184 crs	₹3.6574 crs	61.82%
EPS	₹12.15	₹7.51	61.78%

Financial Results (Q2 FY2024) - YoY Comparison

The company has reported total income of Rs. 50.0781 crores during the period ended September 30, 2023 as compared to Rs.38.2515 crores during the period ended September 30, 2022.

The company has posted net profit / (loss) of Rs.5.9184 crores for the period ended September 30, 2023 as against net profit / (loss) of Rs.1.2407 crores for the period ended September 30, 2022.

The company has reported EPS of Rs.12.15 for the period ended September 30, 2023 as compared to Rs.2.55 for the period ended September 30, 2022.

Financials	Q2 FY2024	Q2 FY2023	% Change
Total Income	₹ 50.0781 crs	₹38.2515 crs	30.92%
Net Profit	₹5.9184 crs	₹1.2407 crs	377.02%
EPS	₹12.15	₹2.55	376.47%

Financial Results (Half Year Ended FY2024) - YoY Comparison

The company has reported total income of Rs.96.5565 crores during the 6 Months period ended September 30, 2023 as compared to Rs.75.9975 crores during the 6 Months period ended September 30, 2022.

The company has posted net profit / (loss) of Rs.9.5758 crores for the 6 Months period ended September 30, 2023 as against net profit / (loss) of Rs.2.1011 crores for the 6 Months period ended September 30, 2022.

The company has reported EPS of Rs.19.66 for the 6 Months period ended September 30, 2023 as compared to Rs.4.31 for the 6 Months period ended September 30, 2022.

Financials	Half Year Ended FY2024	Half Year Ended FY2023	% Change
Total Income	₹96.5565 crs	₹75.9975 crs	27.05%
Net Profit	₹9.5758 crs	₹2.1011 crs	355.75%
EPS	₹19.66	₹4.31	356.15%

Shares of DANLAW TECHNOLOGIES INDIA LTD. was last trading in BSE at Rs. 1141.55 as compared to the previous close of Rs. 1120.70. The total number of shares traded during the day was 4668 in over 338 trades.

The stock hit an intraday high of Rs. 1175.00 and intraday low of 1070.00. The net turnover during the day was Rs. 5284171.00.

Source : Equity Bulls

Keywords

DanlawTechnologiesIndia Q2FY24 H1FY24 ResultUpdate