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Suryalakshmi Cotton Mills Ltd Q2 FY24 net profit lower at Rs. 72.41 lakhs



Posted On : 2023-11-15 15:33:14( TIMEZONE : IST )

Suryalakshmi Cotton Mills Ltd Q2 FY24 net profit lower at Rs. 72.41 lakhs

Suryalakshmi Cotton Mills Limited 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. 185.0422 crores during the period ended September 30, 2023 as compared to Rs. 175.8184 crores during the period ended June 30, 2023.

The company has posted net profit / (loss) of Rs. 0.7241 crores for the period ended September 30, 2023 as against net profit / (loss) of Rs. 1.0941 crores for the period ended June 30, 2023.

The company has reported EPS of Rs. 0.39 for the period ended September 30, 2023 as compared to Rs. 0.58 for the period ended June 30, 2023.

Financials Q2 FY2024 Q1 FY2024 % Change
Total Income ₹ 185.0422 crs ₹175.8184 crs Up Tick / Down Tick5.25%
Net Profit ₹0.7241 crs ₹1.0941 crs Up Tick / Down Tick-33.82%
EPS ₹0.39 ₹0.58 Up Tick / Down Tick-32.76%

Financial Results (Q2 FY2024) - YoY Comparison

The company has reported total income of Rs. 185.0422 crores during the period ended September 30, 2023 as compared to Rs.221.9995 crores during the period ended September 30, 2022.

The company has posted net profit / (loss) of Rs.0.7241 crores for the period ended September 30, 2023 as against net profit / (loss) of Rs.3.1299 crores for the period ended September 30, 2022.

The company has reported EPS of Rs.0.39 for the period ended September 30, 2023 as compared to Rs.1.66 for the period ended September 30, 2022.

Financials Q2 FY2024 Q2 FY2023 % Change
Total Income ₹ 185.0422 crs ₹221.9995 crs Up Tick / Down Tick-16.65%
Net Profit ₹0.7241 crs ₹3.1299 crs Up Tick / Down Tick-76.87%
EPS ₹0.39 ₹1.66 Up Tick / Down Tick-76.51%

Financial Results (Half Year Ended FY2024) - YoY Comparison

The company has reported total income of Rs.360.8605 crores during the 6 Months period ended September 30, 2023 as compared to Rs.452.5634 crores during the 6 Months period ended September 30, 2022.

The company has posted net profit / (loss) of Rs.1.8182 crores for the 6 Months period ended September 30, 2023 as against net profit / (loss) of Rs.10.2891 crores for the 6 Months period ended September 30, 2022.

The company has reported EPS of Rs.0.97 for the 6 Months period ended September 30, 2023 as compared to Rs.5.47 for the 6 Months period ended September 30, 2022.

Financials Half Year Ended FY2024 Half Year Ended FY2023 % Change
Total Income ₹360.8605 crs ₹452.5634 crs Up Tick / Down Tick-20.26%
Net Profit ₹1.8182 crs ₹10.2891 crs Up Tick / Down Tick-82.33%
EPS ₹0.97 ₹5.47 Up Tick / Down Tick-82.27%

Shares of Suryalakshmi Cotton Mills Limited was last trading in BSE at Rs. 62.82 as compared to the previous close of Rs. 63.32. The total number of shares traded during the day was 1427 in over 56 trades.

The stock hit an intraday high of Rs. 63.00 and intraday low of 62.05. The net turnover during the day was Rs. 89740.00.

Source : Equity Bulls

Keywords

SuryalakshmiCottonMills Q2FY24 H1FY24 ResultUpdate