Stock Report

Rasi Electrodes Ltd Q2 FY2024 PAT up at Rs. 93.16 lakhs



Posted On : 2023-11-14 18:18:03( TIMEZONE : IST )

Rasi Electrodes Ltd Q2 FY2024 PAT up at Rs. 93.16 lakhs

RASI ELECTRODES 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. 21.6015 crores during the period ended September 30, 2023 as compared to Rs. 19.0663 crores during the period ended June 30, 2023.

The company has posted net profit / (loss) of Rs. 0.9316 crores for the period ended September 30, 2023 as against net profit / (loss) of Rs. 0.5370 crores for the period ended June 30, 2023.

The company has reported EPS of Rs. 0.30 for the period ended September 30, 2023 as compared to Rs. 0.17 for the period ended June 30, 2023.

Financials Q2 FY2024 Q1 FY2024 % Change
Total Income ₹ 21.6015 crs ₹19.0663 crs Up Tick / Down Tick13.30%
Net Profit ₹0.9316 crs ₹0.5370 crs Up Tick / Down Tick73.48%
EPS ₹0.30 ₹0.17 Up Tick / Down Tick76.47%

Financial Results (Q2 FY2024) - YoY Comparison

The company has reported total income of Rs. 21.6015 crores during the period ended September 30, 2023 as compared to Rs.22.6482 crores during the period ended September 30, 2022.

The company has posted net profit / (loss) of Rs.0.9316 crores for the period ended September 30, 2023 as against net profit / (loss) of Rs.0.9160 crores for the period ended September 30, 2022.

The company has reported EPS of Rs.0.30 for the period ended September 30, 2023 as compared to Rs.0.29 for the period ended September 30, 2022.

Financials Q2 FY2024 Q2 FY2023 % Change
Total Income ₹ 21.6015 crs ₹22.6482 crs Up Tick / Down Tick-4.62%
Net Profit ₹0.9316 crs ₹0.9160 crs Up Tick / Down Tick1.70%
EPS ₹0.30 ₹0.29 Up Tick / Down Tick3.45%

Financial Results (Half Year Ended FY2024) - YoY Comparison

The company has reported total income of Rs.40.6678 crores during the 6 Months period ended September 30, 2023 as compared to Rs.44.6011 crores during the 6 Months period ended September 30, 2022.

The company has posted net profit / (loss) of Rs.1.4686 crores for the 6 Months period ended September 30, 2023 as against net profit / (loss) of Rs.1.5832 crores for the 6 Months period ended September 30, 2022.

The company has reported EPS of Rs.0.47 for the 6 Months period ended September 30, 2023 as compared to Rs.0.50 for the 6 Months period ended September 30, 2022.

Financials Half Year Ended FY2024 Half Year Ended FY2023 % Change
Total Income ₹40.6678 crs ₹44.6011 crs Up Tick / Down Tick-8.82%
Net Profit ₹1.4686 crs ₹1.5832 crs Up Tick / Down Tick-7.24%
EPS ₹0.47 ₹0.50 Up Tick / Down Tick-6.00%

Shares of RASI ELECTRODES LTD. was last trading in BSE at Rs. 24.94 as compared to the previous close of Rs. 24.26. The total number of shares traded during the day was 68010 in over 241 trades.

The stock hit an intraday high of Rs. 25.10 and intraday low of 24.26. The net turnover during the day was Rs. 1690390.00.

Source : Equity Bulls

Keywords

RasiElectrodes Q2FY24 H1FY24 ResultUpdate