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Bhaskar Agrochemicals Ltd Q2 FY2023-24 net profit jumps to Rs. 3.19 crore



Posted On : 2023-11-14 17:58:01( TIMEZONE : IST )

Bhaskar Agrochemicals Ltd Q2 FY2023-24 net profit jumps to Rs. 3.19 crore

BHASKAR AGROCHEMICALS 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. 29.5516 crores during the period ended September 30, 2023 as compared to Rs. 7.3345 crores during the period ended June 30, 2023.

The company has posted net profit / (loss) of Rs. 3.1926 crores for the period ended September 30, 2023 as against net profit / (loss) of Rs. -2.0349 crores for the period ended June 30, 2023.

The company has reported EPS of Rs. 6.13 for the period ended September 30, 2023 as compared to Rs. -3.91 for the period ended June 30, 2023.

Financials Q2 FY2024 Q1 FY2024 % Change
Total Income ₹ 29.5516 crs ₹7.3345 crs Up Tick / Down Tick302.91%
Net Profit ₹3.1926 crs ₹-2.0349 crs Up Tick / Down Tick256.89%
EPS ₹6.13 ₹-3.91 Up Tick / Down Tick256.78%

Financial Results (Q2 FY2024) - YoY Comparison

The company has reported total income of Rs. 29.5516 crores during the period ended September 30, 2023 as compared to Rs.23.2114 crores during the period ended September 30, 2022.

The company has posted net profit / (loss) of Rs.3.1926 crores for the period ended September 30, 2023 as against net profit / (loss) of Rs.2.0976 crores for the period ended September 30, 2022.

The company has reported EPS of Rs.6.13 for the period ended September 30, 2023 as compared to Rs.4.03 for the period ended September 30, 2022.

Financials Q2 FY2024 Q2 FY2023 % Change
Total Income ₹ 29.5516 crs ₹23.2114 crs Up Tick / Down Tick27.32%
Net Profit ₹3.1926 crs ₹2.0976 crs Up Tick / Down Tick52.20%
EPS ₹6.13 ₹4.03 Up Tick / Down Tick52.11%

Financial Results (Half Year Ended FY2024) - YoY Comparison

The company has reported total income of Rs.36.8860 crores during the 6 Months period ended September 30, 2023 as compared to Rs.28.5712 crores during the 6 Months period ended September 30, 2022.

The company has posted net profit / (loss) of Rs.1.1577 crores for the 6 Months period ended September 30, 2023 as against net profit / (loss) of Rs.0.1608 crores for the 6 Months period ended September 30, 2022.

The company has reported EPS of Rs.2.22 for the 6 Months period ended September 30, 2023 as compared to Rs.0.31 for the 6 Months period ended September 30, 2022.

Financials Half Year Ended FY2024 Half Year Ended FY2023 % Change
Total Income ₹36.8860 crs ₹28.5712 crs Up Tick / Down Tick29.10%
Net Profit ₹1.1577 crs ₹0.1608 crs Up Tick / Down Tick619.96%
EPS ₹2.22 ₹0.31 Up Tick / Down Tick616.13%

Shares of BHASKAR AGROCHEMICALS LTD. was last trading in BSE at Rs. 38.22 as compared to the previous close of Rs. 39.94. The total number of shares traded during the day was 3854 in over 58 trades.

The stock hit an intraday high of Rs. 40.95 and intraday low of 38.06. The net turnover during the day was Rs. 150564.00.

Source : Equity Bulls

Keywords

BhaskarAgrochemicals Q2FY24 H1FY24 ResultUpdate