Stock Report

N G Industries Ltd Q2 FY24 PAT lower at Rs. 64.07 lakhs



Posted On : 2023-11-14 18:09:41( TIMEZONE : IST )

N G Industries Ltd Q2 FY24 PAT lower at Rs. 64.07 lakhs

N.G.INDUSTRIES 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. 4.6814 crores during the period ended September 30, 2023 as compared to Rs. 6.5557 crores during the period ended June 30, 2023.

The company has posted net profit / (loss) of Rs. 0.6407 crores for the period ended September 30, 2023 as against net profit / (loss) of Rs. 2.0282 crores for the period ended June 30, 2023.

The company has reported EPS of Rs. 1.91 for the period ended September 30, 2023 as compared to Rs. 6.05 for the period ended June 30, 2023.

Financials Q2 FY2024 Q1 FY2024 % Change
Total Income ₹ 4.6814 crs ₹6.5557 crs Up Tick / Down Tick-28.59%
Net Profit ₹0.6407 crs ₹2.0282 crs Up Tick / Down Tick-68.41%
EPS ₹1.91 ₹6.05 Up Tick / Down Tick-68.43%

Financial Results (Q2 FY2024) - YoY Comparison

The company has reported total income of Rs. 4.6814 crores during the period ended September 30, 2023 as compared to Rs.10.6306 crores during the period ended September 30, 2022.

The company has posted net profit / (loss) of Rs.0.6407 crores for the period ended September 30, 2023 as against net profit / (loss) of Rs.5.1276 crores for the period ended September 30, 2022.

The company has reported EPS of Rs.1.91 for the period ended September 30, 2023 as compared to Rs.15.30 for the period ended September 30, 2022.

Financials Q2 FY2024 Q2 FY2023 % Change
Total Income ₹ 4.6814 crs ₹10.6306 crs Up Tick / Down Tick-55.96%
Net Profit ₹0.6407 crs ₹5.1276 crs Up Tick / Down Tick-87.50%
EPS ₹1.91 ₹15.30 Up Tick / Down Tick-87.52%

Financial Results (Half Year Ended FY2024) - YoY Comparison

The company has reported total income of Rs.11.2371 crores during the 6 Months period ended September 30, 2023 as compared to Rs.16.5568 crores during the 6 Months period ended September 30, 2022.

The company has posted net profit / (loss) of Rs.2.6689 crores for the 6 Months period ended September 30, 2023 as against net profit / (loss) of Rs.5.9990 crores for the 6 Months period ended September 30, 2022.

The company has reported EPS of Rs.7.96 for the 6 Months period ended September 30, 2023 as compared to Rs.17.90 for the 6 Months period ended September 30, 2022.

Financials Half Year Ended FY2024 Half Year Ended FY2023 % Change
Total Income ₹11.2371 crs ₹16.5568 crs Up Tick / Down Tick-32.13%
Net Profit ₹2.6689 crs ₹5.9990 crs Up Tick / Down Tick-55.51%
EPS ₹7.96 ₹17.90 Up Tick / Down Tick-55.53%

Shares of N.G.INDUSTRIES LTD. was last trading in BSE at Rs. 160.00 as compared to the previous close of Rs. 157.30. The total number of shares traded during the day was 2943 in over 44 trades.

The stock hit an intraday high of Rs. 162.00 and intraday low of 151.35. The net turnover during the day was Rs. 466652.00.

Source : Equity Bulls

Keywords

NGIndustries Q2FY24 H1FY24 ResultUpdate