Stock Report

Sharat Industries Ltd Q2 FY2024 consolidated PAT climbs to Rs. 2.80 crore



Posted On : 2023-11-15 15:24:00( TIMEZONE : IST )

Sharat Industries Ltd Q2 FY2024 consolidated PAT climbs to Rs. 2.80 crore

SHARAT INDUSTRIES 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. 97.2556 crores during the period ended September 30, 2023 as compared to Rs. 80.0715 crores during the period ended June 30, 2023.

The company has posted net profit / (loss) of Rs. 2.8098 crores for the period ended September 30, 2023 as against net profit / (loss) of Rs. 1.7984 crores for the period ended June 30, 2023.

The company has reported EPS of Rs. 1.18 for the period ended September 30, 2023 as compared to Rs. 0.75 for the period ended June 30, 2023.

Financials Q2 FY2024 Q1 FY2024 % Change
Total Income ₹ 97.2556 crs ₹80.0715 crs Up Tick / Down Tick21.46%
Net Profit ₹2.8098 crs ₹1.7984 crs Up Tick / Down Tick56.24%
EPS ₹1.18 ₹0.75 Up Tick / Down Tick57.33%

Financial Results (Q2 FY2024) - YoY Comparison

The company has reported total income of Rs. 97.2556 crores during the period ended September 30, 2023 as compared to Rs.98.3879 crores during the period ended September 30, 2022.

The company has posted net profit / (loss) of Rs.2.8098 crores for the period ended September 30, 2023 as against net profit / (loss) of Rs.1.7102 crores for the period ended September 30, 2022.

The company has reported EPS of Rs.1.18 for the period ended September 30, 2023 as compared to Rs.0.72 for the period ended September 30, 2022.

Financials Q2 FY2024 Q2 FY2023 % Change
Total Income ₹ 97.2556 crs ₹98.3879 crs Up Tick / Down Tick-1.15%
Net Profit ₹2.8098 crs ₹1.7102 crs Up Tick / Down Tick64.30%
EPS ₹1.18 ₹0.72 Up Tick / Down Tick63.89%

Financial Results (Half Year Ended FY2024) - YoY Comparison

The company has reported total income of Rs.177.327 crores during the 6 Months period ended September 30, 2023 as compared to Rs.186.1977 crores during the 6 Months period ended September 30, 2022.

The company has posted net profit / (loss) of Rs.4.6082 crores for the 6 Months period ended September 30, 2023 as against net profit / (loss) of Rs.4.4107 crores for the 6 Months period ended September 30, 2022.

The company has reported EPS of Rs.1.93 for the 6 Months period ended September 30, 2023 as compared to Rs.1.84 for the 6 Months period ended September 30, 2022.

Financials Half Year Ended FY2024 Half Year Ended FY2023 % Change
Total Income ₹177.327 crs ₹186.1977 crs Up Tick / Down Tick-4.76%
Net Profit ₹4.6082 crs ₹4.4107 crs Up Tick / Down Tick4.48%
EPS ₹1.93 ₹1.84 Up Tick / Down Tick4.89%

Shares of SHARAT INDUSTRIES LTD. was last trading in BSE at Rs. 57.60 as compared to the previous close of Rs. 59.25. The total number of shares traded during the day was 1615 in over 20 trades.

The stock hit an intraday high of Rs. 59.25 and intraday low of 57.25. The net turnover during the day was Rs. 93618.00.

Source : Equity Bulls

Keywords

SharatIndustries Q2FY24 H1FY24 ResultUpdate