Stock Report

Virat Crane Industries Ltd Q2 FY24 PAT lower at Rs. 1.46 crore



Posted On : 2023-11-15 16:30:28( TIMEZONE : IST )

Virat Crane Industries Ltd Q2 FY24 PAT lower at Rs. 1.46 crore

VIRAT CRANE 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. 29.4260 crores during the period ended September 30, 2023 as compared to Rs. 32.6314 crores during the period ended June 30, 2023.

The company has posted net profit / (loss) of Rs. 1.4622 crores for the period ended September 30, 2023 as against net profit / (loss) of Rs. 1.7783 crores for the period ended June 30, 2023.

The company has reported EPS of Rs. 0.72 for the period ended September 30, 2023 as compared to Rs. 0.87 for the period ended June 30, 2023.

Financials Q2 FY2024 Q1 FY2024 % Change
Total Income ₹ 29.4260 crs ₹32.6314 crs Up Tick / Down Tick-9.82%
Net Profit ₹1.4622 crs ₹1.7783 crs Up Tick / Down Tick-17.78%
EPS ₹0.72 ₹0.87 Up Tick / Down Tick-17.24%

Financial Results (Q2 FY2024) - YoY Comparison

The company has reported total income of Rs. 29.4260 crores during the period ended September 30, 2023 as compared to Rs.28.9744 crores during the period ended September 30, 2022.

The company has posted net profit / (loss) of Rs.1.4622 crores for the period ended September 30, 2023 as against net profit / (loss) of Rs.1.7291 crores for the period ended September 30, 2022.

The company has reported EPS of Rs.0.72 for the period ended September 30, 2023 as compared to Rs.0.85 for the period ended September 30, 2022.

Financials Q2 FY2024 Q2 FY2023 % Change
Total Income ₹ 29.4260 crs ₹28.9744 crs Up Tick / Down Tick1.56%
Net Profit ₹1.4622 crs ₹1.7291 crs Up Tick / Down Tick-15.44%
EPS ₹0.72 ₹0.85 Up Tick / Down Tick-15.29%

Financial Results (Half Year Ended FY2024) - YoY Comparison

The company has reported total income of Rs.62.0574 crores during the 6 Months period ended September 30, 2023 as compared to Rs.58.5045 crores during the 6 Months period ended September 30, 2022.

The company has posted net profit / (loss) of Rs.3.2405 crores for the 6 Months period ended September 30, 2023 as against net profit / (loss) of Rs.3.5750 crores for the 6 Months period ended September 30, 2022.

The company has reported EPS of Rs.1.59 for the 6 Months period ended September 30, 2023 as compared to Rs.1.75 for the 6 Months period ended September 30, 2022.

Financials Half Year Ended FY2024 Half Year Ended FY2023 % Change
Total Income ₹62.0574 crs ₹58.5045 crs Up Tick / Down Tick6.07%
Net Profit ₹3.2405 crs ₹3.5750 crs Up Tick / Down Tick-9.36%
EPS ₹1.59 ₹1.75 Up Tick / Down Tick-9.14%

Shares of VIRAT CRANE INDUSTRIES LTD. was last trading in BSE at Rs. 42.35 as compared to the previous close of Rs. 40.34. The total number of shares traded during the day was 21968 in over 52 trades.

The stock hit an intraday high of Rs. 42.35 and intraday low of 39.11. The net turnover during the day was Rs. 906432.00.

Source : Equity Bulls

Keywords

ViratCraneIndustries Q2FY24 H1FY24 ResultUpdate