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ISGEC Heavy Engineering Ltd consolidated Q2 FY24 net profit higher at Rs. 59.79 crores



Posted On : 2023-11-15 10:36:41( TIMEZONE : IST )

ISGEC Heavy Engineering Ltd consolidated Q2 FY24 net profit higher at Rs. 59.79 crores

ISGEC Heavy Engineering Ltd has reported Consolidated financial results for the period ended September 30, 2023.

Financial Results (Q2 FY2024) - QoQ Comparison

The company has reported total income of Rs. 1476.66 crores during the period ended September 30, 2023 as compared to Rs. 1398.82 crores during the period ended June 30, 2023.

The company has posted net profit / (loss) of Rs. 59.79 crores for the period ended September 30, 2023 as against net profit / (loss) of Rs. 50.66 crores for the period ended June 30, 2023.

The company has reported EPS of Rs. 8.13 for the period ended September 30, 2023 as compared to Rs. 6.89 for the period ended June 30, 2023.

Financials Q2 FY2024 Q1 FY2024 % Change
Total Income ₹ 1476.66 crs ₹1398.82 crs Up Tick / Down Tick5.56%
Net Profit ₹59.79 crs ₹50.66 crs Up Tick / Down Tick18.02%
EPS ₹8.13 ₹6.89 Up Tick / Down Tick18.00%

Financial Results (Q2 FY2024) - YoY Comparison

The company has reported total income of Rs. 1476.66 crores during the period ended September 30, 2023 as compared to Rs.1515.09 crores during the period ended September 30, 2022.

The company has posted net profit / (loss) of Rs.59.79 crores for the period ended September 30, 2023 as against net profit / (loss) of Rs.29.57 crores for the period ended September 30, 2022.

The company has reported EPS of Rs.8.13 for the period ended September 30, 2023 as compared to Rs.4.02 for the period ended September 30, 2022.

Financials Q2 FY2024 Q2 FY2023 % Change
Total Income ₹ 1476.66 crs ₹1515.09 crs Up Tick / Down Tick-2.54%
Net Profit ₹59.79 crs ₹29.57 crs Up Tick / Down Tick102.20%
EPS ₹8.13 ₹4.02 Up Tick / Down Tick102.24%

Financial Results (Half Year Ended FY2024) - YoY Comparison

The company has reported total income of Rs.2875.48 crores during the 6 Months period ended September 30, 2023 as compared to Rs.2765.35 crores during the 6 Months period ended September 30, 2022.

The company has posted net profit / (loss) of Rs.110.45 crores for the 6 Months period ended September 30, 2023 as against net profit / (loss) of Rs.47.40 crores for the 6 Months period ended September 30, 2022.

The company has reported EPS of Rs.15.02 for the 6 Months period ended September 30, 2023 as compared to Rs.6.45 for the 6 Months period ended September 30, 2022.

Financials Half Year Ended FY2024 Half Year Ended FY2023 % Change
Total Income ₹2875.48 crs ₹2765.35 crs Up Tick / Down Tick3.98%
Net Profit ₹110.45 crs ₹47.40 crs Up Tick / Down Tick133.02%
EPS ₹15.02 ₹6.45 Up Tick / Down Tick132.87%

Shares of ISGEC Heavy Engineering Ltd was last trading in BSE at Rs. 762.10 as compared to the previous close of Rs. 758.25. The total number of shares traded during the day was 11333 in over 1049 trades.

The stock hit an intraday high of Rs. 770.00 and intraday low of 748.80. The net turnover during the day was Rs. 8635075.00.

Source : Equity Bulls

Keywords

ISGECHeavyEngineering Q2FY24 H1FY24 ResultUpdate