Stock Report

Coastal Corporation Ltd Q2 FY2023-24 consolidated net profit declines to Rs. 4.48 crore



Posted On : 2023-11-15 16:10:33( TIMEZONE : IST )

Coastal Corporation Ltd Q2 FY2023-24 consolidated net profit declines to Rs. 4.48 crore

COASTAL CORPORATION 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. 113.6299 crores during the period ended September 30, 2023 as compared to Rs. 101.6542 crores during the period ended June 30, 2023.

The company has posted net profit / (loss) of Rs. 4.4829 crores for the period ended September 30, 2023 as against net profit / (loss) of Rs. 3.2831 crores for the period ended June 30, 2023.

The company has reported EPS of Rs. 1.72 for the period ended September 30, 2023 as compared to Rs. 2.43 for the period ended June 30, 2023.

Financials Q2 FY2024 Q1 FY2024 % Change
Total Income ₹ 113.6299 crs ₹101.6542 crs Up Tick / Down Tick11.78%
Net Profit ₹4.4829 crs ₹3.2831 crs Up Tick / Down Tick36.54%
EPS ₹1.72 ₹2.43 Up Tick / Down Tick-29.22%

Financial Results (Q2 FY2024) - YoY Comparison

The company has reported total income of Rs. 113.6299 crores during the period ended September 30, 2023 as compared to Rs.111.3526 crores during the period ended September 30, 2022.

The company has posted net profit / (loss) of Rs.4.4829 crores for the period ended September 30, 2023 as against net profit / (loss) of Rs.6.7547 crores for the period ended September 30, 2022.

The company has reported EPS of Rs.1.72 for the period ended September 30, 2023 as compared to Rs.5.83 for the period ended September 30, 2022.

Financials Q2 FY2024 Q2 FY2023 % Change
Total Income ₹ 113.6299 crs ₹111.3526 crs Up Tick / Down Tick2.05%
Net Profit ₹4.4829 crs ₹6.7547 crs Up Tick / Down Tick-33.63%
EPS ₹1.72 ₹5.83 Up Tick / Down Tick-70.50%

Financial Results (Half Year Ended FY2024) - YoY Comparison

The company has reported total income of Rs.215.2841 crores during the 6 Months period ended September 30, 2023 as compared to Rs.233.3463 crores during the 6 Months period ended September 30, 2022.

The company has posted net profit / (loss) of Rs.7.7660 crores for the 6 Months period ended September 30, 2023 as against net profit / (loss) of Rs.15.5441 crores for the 6 Months period ended September 30, 2022.

The company has reported EPS of Rs.2.97 for the 6 Months period ended September 30, 2023 as compared to Rs.13.42 for the 6 Months period ended September 30, 2022.

Financials Half Year Ended FY2024 Half Year Ended FY2023 % Change
Total Income ₹215.2841 crs ₹233.3463 crs Up Tick / Down Tick-7.74%
Net Profit ₹7.7660 crs ₹15.5441 crs Up Tick / Down Tick-50.04%
EPS ₹2.97 ₹13.42 Up Tick / Down Tick-77.87%

Shares of COASTAL CORPORATION LTD. was last trading in BSE at Rs. 269.65 as compared to the previous close of Rs. 257.35. The total number of shares traded during the day was 2010 in over 147 trades.

The stock hit an intraday high of Rs. 271.45 and intraday low of 254.50. The net turnover during the day was Rs. 528505.00.

Source : Equity Bulls

Keywords

CoastalCorporation Q2FY24 H1FY24 ResultUpdate