Ceeta Industries Ltd Q2 FY24 loss at Rs. 48.97 lakhs

CEETA 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. 3.5514 crores during the period ended September 30, 2023 as compared to Rs. 3.3758 crores during the period ended June 30, 2023.

The company has posted net profit / (loss) of Rs. -0.4897 crores for the period ended September 30, 2023 as against net profit / (loss) of Rs. -1.2829 crores for the period ended June 30, 2023.

The company has reported EPS of Rs. -0.34 for the period ended September 30, 2023 as compared to Rs. -0.88 for the period ended June 30, 2023.

Financials	Q2 FY2024	Q1 FY2024	% Change
Total Income	₹ 3.5514 crs	₹3.3758 crs	5.20%
Net Profit	₹-0.4897 crs	₹-1.2829 crs	61.83%
EPS	₹-0.34	₹-0.88	61.36%

Financial Results (Q2 FY2024) - YoY Comparison

The company has reported total income of Rs. 3.5514 crores during the period ended September 30, 2023 as compared to Rs.0.3545 crores during the period ended September 30, 2022.

The company has posted net profit / (loss) of Rs.-0.4897 crores for the period ended September 30, 2023 as against net profit / (loss) of Rs.-0.3918 crores for the period ended September 30, 2022.

The company has reported EPS of Rs.-0.34 for the period ended September 30, 2023 as compared to Rs.-0.27 for the period ended September 30, 2022.

Financials	Q2 FY2024	Q2 FY2023	% Change
Total Income	₹ 3.5514 crs	₹0.3545 crs	901.81%
Net Profit	₹-0.4897 crs	₹-0.3918 crs	24.99%
EPS	₹-0.34	₹-0.27	25.93%

Financial Results (Half Year Ended FY2024) - YoY Comparison

The company has reported total income of Rs.6.9272 crores during the 6 Months period ended September 30, 2023 as compared to Rs.0.8310 crores during the 6 Months period ended September 30, 2022.

The company has posted net profit / (loss) of Rs.-1.7726 crores for the 6 Months period ended September 30, 2023 as against net profit / (loss) of Rs.-0.7423 crores for the 6 Months period ended September 30, 2022.

The company has reported EPS of Rs.-1.22 for the 6 Months period ended September 30, 2023 as compared to Rs.-0.51 for the 6 Months period ended September 30, 2022.

Financials	Half Year Ended FY2024	Half Year Ended FY2023	% Change
Total Income	₹6.9272 crs	₹0.8310 crs	733.60%
Net Profit	₹-1.7726 crs	₹-0.7423 crs	138.80%
EPS	₹-1.22	₹-0.51	139.22%

Shares of CEETA INDUSTRIES LTD. was last trading in BSE at Rs. 32.49 as compared to the previous close of Rs. 31.50. The total number of shares traded during the day was 614 in over 14 trades.

The stock hit an intraday high of Rs. 32.50 and intraday low of 30.72. The net turnover during the day was Rs. 19940.00.

Source : Equity Bulls

Keywords

CeetaIndustries Q2FY24 H1FY24 ResultUpdate