Atam Valves Ltd Q2 FY2024 PAT up QoQ at Rs. 1.31 crore

Atam Valves 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. 12.7642 crores during the period ended September 30, 2023 as compared to Rs. 10.4040 crores during the period ended June 30, 2023.

The company has posted net profit / (loss) of Rs. 1.3193 crores for the period ended September 30, 2023 as against net profit / (loss) of Rs. 0.8407 crores for the period ended June 30, 2023.

The company has reported EPS of Rs. 1.12 for the period ended September 30, 2023 as compared to Rs. 0.72 for the period ended June 30, 2023.

Financials	Q2 FY2024	Q1 FY2024	% Change
Total Income	₹ 12.7642 crs	₹10.4040 crs	22.69%
Net Profit	₹1.3193 crs	₹0.8407 crs	56.93%
EPS	₹1.12	₹0.72	55.56%

Financial Results (Q2 FY2024) - YoY Comparison

The company has reported total income of Rs. 12.7642 crores during the period ended September 30, 2023 as compared to Rs.11.0072 crores during the period ended September 30, 2022.

The company has posted net profit / (loss) of Rs.1.3193 crores for the period ended September 30, 2023 as against net profit / (loss) of Rs.1.5414 crores for the period ended September 30, 2022.

The company has reported EPS of Rs.1.12 for the period ended September 30, 2023 as compared to Rs.1.31 for the period ended September 30, 2022.

Financials	Q2 FY2024	Q2 FY2023	% Change
Total Income	₹ 12.7642 crs	₹11.0072 crs	15.96%
Net Profit	₹1.3193 crs	₹1.5414 crs	-14.41%
EPS	₹1.12	₹1.31	-14.50%

Financial Results (Half Year Ended FY2024) - YoY Comparison

The company has reported total income of Rs.23.1682 crores during the 6 Months period ended September 30, 2023 as compared to Rs.18.4485 crores during the 6 Months period ended September 30, 2022.

The company has posted net profit / (loss) of Rs.2.16 crores for the 6 Months period ended September 30, 2023 as against net profit / (loss) of Rs.2.35 crores for the 6 Months period ended September 30, 2022.

The company has reported EPS of Rs.1.84 for the 6 Months period ended September 30, 2023 as compared to Rs.2.09 for the 6 Months period ended September 30, 2022.

Financials	Half Year Ended FY2024	Half Year Ended FY2023	% Change
Total Income	₹23.1682 crs	₹18.4485 crs	25.58%
Net Profit	₹2.16 crs	₹2.35 crs	-8.09%
EPS	₹1.84	₹2.09	-11.96%

Shares of Atam Valves Ltd was last trading in BSE at Rs. 150.85 as compared to the previous close of Rs. 150.35. The total number of shares traded during the day was 2673 in over 226 trades.

The stock hit an intraday high of Rs. 151.35 and intraday low of 148.95. The net turnover during the day was Rs. 402071.00.

Source : Equity Bulls

Keywords

AtamValves Q2FY24 H1FY24 ResultUpdate