Stock Report

Rasandik Engineering Industries India Ltd Q2 FY2024 PAT at Rs. 2.73 crore



Posted On : 2023-11-15 16:28:57( TIMEZONE : IST )

Rasandik Engineering Industries India Ltd Q2 FY2024 PAT at Rs. 2.73 crore

RASANDIK ENGINEERING INDUSTRIES INDIA 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. 30.9587 crores during the period ended September 30, 2023 as compared to Rs. 29.8804 crores during the period ended June 30, 2023.

The company has posted net profit / (loss) of Rs. 2.7313 crores for the period ended September 30, 2023 as against net profit / (loss) of Rs. -1.9853 crores for the period ended June 30, 2023.

The company has reported EPS of Rs. 4.57 for the period ended September 30, 2023 as compared to Rs. -3.32 for the period ended June 30, 2023.

Financials Q2 FY2024 Q1 FY2024 % Change
Total Income ₹ 30.9587 crs ₹29.8804 crs Up Tick / Down Tick3.61%
Net Profit ₹2.7313 crs ₹-1.9853 crs Up Tick / Down Tick237.58%
EPS ₹4.57 ₹-3.32 Up Tick / Down Tick237.65%

Financial Results (Q2 FY2024) - YoY Comparison

The company has reported total income of Rs. 30.9587 crores during the period ended September 30, 2023 as compared to Rs.47.8293 crores during the period ended September 30, 2022.

The company has posted net profit / (loss) of Rs.2.7313 crores for the period ended September 30, 2023 as against net profit / (loss) of Rs.2.8122 crores for the period ended September 30, 2022.

The company has reported EPS of Rs.4.57 for the period ended September 30, 2023 as compared to Rs.4.71 for the period ended September 30, 2022.

Financials Q2 FY2024 Q2 FY2023 % Change
Total Income ₹ 30.9587 crs ₹47.8293 crs Up Tick / Down Tick-35.27%
Net Profit ₹2.7313 crs ₹2.8122 crs Up Tick / Down Tick-2.88%
EPS ₹4.57 ₹4.71 Up Tick / Down Tick-2.97%

Financial Results (Half Year Ended FY2024) - YoY Comparison

The company has reported total income of Rs.60.8391 crores during the 6 Months period ended September 30, 2023 as compared to Rs.101.1824 crores during the 6 Months period ended September 30, 2022.

The company has posted net profit / (loss) of Rs.0.7460 crores for the 6 Months period ended September 30, 2023 as against net profit / (loss) of Rs.3.1287 crores for the 6 Months period ended September 30, 2022.

The company has reported EPS of Rs.1.25 for the 6 Months period ended September 30, 2023 as compared to Rs.5.24 for the 6 Months period ended September 30, 2022.

Financials Half Year Ended FY2024 Half Year Ended FY2023 % Change
Total Income ₹60.8391 crs ₹101.1824 crs Up Tick / Down Tick-39.87%
Net Profit ₹0.7460 crs ₹3.1287 crs Up Tick / Down Tick-76.16%
EPS ₹1.25 ₹5.24 Up Tick / Down Tick-76.15%

Shares of RASANDIK ENGINEERING INDUSTRIES INDIA LTD. was last trading in BSE at Rs. 100.60 as compared to the previous close of Rs. 98.00. The total number of shares traded during the day was 3157 in over 35 trades.

The stock hit an intraday high of Rs. 102.90 and intraday low of 93.10. The net turnover during the day was Rs. 310010.00.

Source : Equity Bulls

Keywords

RasandikEngineeringIndustriesIndia Q2FY24 H1FY24 ResultUpdate