Stock Report

Ganga Papers India Ltd Q2 FY2024 PAT drops to Rs. 27.11 lakhs



Posted On : 2023-11-14 17:40:40( TIMEZONE : IST )

Ganga Papers India Ltd Q2 FY2024 PAT drops to Rs. 27.11 lakhs

GANGA PAPERS 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. 57.0365 crores during the period ended September 30, 2023 as compared to Rs. 62.1955 crores during the period ended June 30, 2023.

The company has posted net profit / (loss) of Rs. 0.2711 crores for the period ended September 30, 2023 as against net profit / (loss) of Rs. 0.3057 crores for the period ended June 30, 2023.

The company has reported EPS of Rs. 0.25 for the period ended September 30, 2023 as compared to Rs. 0.28 for the period ended June 30, 2023.

Financials Q2 FY2024 Q1 FY2024 % Change
Total Income ₹ 57.0365 crs ₹62.1955 crs Up Tick / Down Tick-8.29%
Net Profit ₹0.2711 crs ₹0.3057 crs Up Tick / Down Tick-11.32%
EPS ₹0.25 ₹0.28 Up Tick / Down Tick-10.71%

Financial Results (Q2 FY2024) - YoY Comparison

The company has reported total income of Rs. 57.0365 crores during the period ended September 30, 2023 as compared to Rs.71.2062 crores during the period ended September 30, 2022.

The company has posted net profit / (loss) of Rs.0.2711 crores for the period ended September 30, 2023 as against net profit / (loss) of Rs.1.2711 crores for the period ended September 30, 2022.

The company has reported EPS of Rs.0.25 for the period ended September 30, 2023 as compared to Rs.1.18 for the period ended September 30, 2022.

Financials Q2 FY2024 Q2 FY2023 % Change
Total Income ₹ 57.0365 crs ₹71.2062 crs Up Tick / Down Tick-19.90%
Net Profit ₹0.2711 crs ₹1.2711 crs Up Tick / Down Tick-78.67%
EPS ₹0.25 ₹1.18 Up Tick / Down Tick-78.81%

Financial Results (Half Year Ended FY2024) - YoY Comparison

The company has reported total income of Rs.119.2320 crores during the 6 Months period ended September 30, 2023 as compared to Rs.157.5379 crores during the 6 Months period ended September 30, 2022.

The company has posted net profit / (loss) of Rs.0.5768 crores for the 6 Months period ended September 30, 2023 as against net profit / (loss) of Rs.2.5863 crores for the 6 Months period ended September 30, 2022.

The company has reported EPS of Rs.0.53 for the 6 Months period ended September 30, 2023 as compared to Rs.2.40 for the 6 Months period ended September 30, 2022.

Financials Half Year Ended FY2024 Half Year Ended FY2023 % Change
Total Income ₹119.2320 crs ₹157.5379 crs Up Tick / Down Tick-24.32%
Net Profit ₹0.5768 crs ₹2.5863 crs Up Tick / Down Tick-77.70%
EPS ₹0.53 ₹2.40 Up Tick / Down Tick-77.92%

Shares of GANGA PAPERS INDIA LTD. was last trading in BSE at Rs. 77.84 as compared to the previous close of Rs. 81.44. The total number of shares traded during the day was 470 in over 11 trades.

The stock hit an intraday high of Rs. 81.89 and intraday low of 76.75. The net turnover during the day was Rs. 38237.00.

Source : Equity Bulls

Keywords

GangaPapersIndia Q2FY24 H1FY24 ResultUpdate