Glittek Granites Ltd Q2 FY2023-24 loss at Rs. 1.13 crore

GLITTEK GRANITES 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. 2.3650 crores during the period ended September 30, 2023 as compared to Rs. 1.9860 crores during the period ended June 30, 2023.

The company has posted net profit / (loss) of Rs. -1.1355 crores for the period ended September 30, 2023 as against net profit / (loss) of Rs. -0.4783 crores for the period ended June 30, 2023.

The company has reported EPS of Rs. -0.44 for the period ended September 30, 2023 as compared to Rs. -0.18 for the period ended June 30, 2023.

Financials	Q2 FY2024	Q1 FY2024	% Change
Total Income	₹ 2.3650 crs	₹1.9860 crs	19.08%
Net Profit	₹-1.1355 crs	₹-0.4783 crs	137.40%
EPS	₹-0.44	₹-0.18	144.44%

Financial Results (Q2 FY2024) - YoY Comparison

The company has reported total income of Rs. 2.3650 crores during the period ended September 30, 2023 as compared to Rs.1.0993 crores during the period ended September 30, 2022.

The company has posted net profit / (loss) of Rs.-1.1355 crores for the period ended September 30, 2023 as against net profit / (loss) of Rs.-1.6961 crores for the period ended September 30, 2022.

The company has reported EPS of Rs.-0.44 for the period ended September 30, 2023 as compared to Rs.-0.65 for the period ended September 30, 2022.

Financials	Q2 FY2024	Q2 FY2023	% Change
Total Income	₹ 2.3650 crs	₹1.0993 crs	115.14%
Net Profit	₹-1.1355 crs	₹-1.6961 crs	33.05%
EPS	₹-0.44	₹-0.65	32.31%

Financial Results (Half Year Ended FY2024) - YoY Comparison

The company has reported total income of Rs.4.3509 crores during the 6 Months period ended September 30, 2023 as compared to Rs.4.0126 crores during the 6 Months period ended September 30, 2022.

The company has posted net profit / (loss) of Rs.-1.6138 crores for the 6 Months period ended September 30, 2023 as against net profit / (loss) of Rs.-1.6591 crores for the 6 Months period ended September 30, 2022.

The company has reported EPS of Rs.-0.62 for the 6 Months period ended September 30, 2023 as compared to Rs.-0.64 for the 6 Months period ended September 30, 2022.

Financials	Half Year Ended FY2024	Half Year Ended FY2023	% Change
Total Income	₹4.3509 crs	₹4.0126 crs	8.43%
Net Profit	₹-1.6138 crs	₹-1.6591 crs	2.73%
EPS	₹-0.62	₹-0.64	3.13%

Shares of GLITTEK GRANITES LTD. was last trading in BSE at Rs. 3.80 as compared to the previous close of Rs. 3.69. The total number of shares traded during the day was 5124 in over 9 trades.

The stock hit an intraday high of Rs. 3.80 and intraday low of 3.60. The net turnover during the day was Rs. 19425.00.

Source : Equity Bulls

Keywords

GlittekGranites Q2FY24 H1FY24 ResultUpdate