Ramasigns Industries Ltd Q3FY24 loss at Rs. 1.43 crore

Ramasigns Industries Ltd has reported Standalone financial results for the period ended December 31, 2023.

Financial Results (Q3 FY2024) - QoQ Comparison

The company has reported total income of Rs. 1.5297 crores during the period ended December 31, 2023 as compared to Rs. 3.1339 crores during the period ended September 30, 2023.

The company has posted net profit / (loss) of Rs. -1.4366 crores for the period ended December 31, 2023 as against net profit / (loss) of Rs. -0.9016 crores for the period ended September 30, 2023.

The company has reported EPS of Rs. -0.48 for the period ended December 31, 2023 as compared to Rs. -0.30 for the period ended September 30, 2023.

Financials	Q3 FY2024	Q2 FY2024	% Change
Total Income	₹ 1.5297 crs	₹3.1339 crs	-51.19%
Net Profit	₹-1.4366 crs	₹-0.9016 crs	59.34%
EPS	₹-0.48	₹-0.30	60.00%

Financial Results (Q3 FY2024) - YoY Comparison

The company has reported total income of Rs. 1.5297 crores during the period ended December 31, 2023 as compared to Rs.5.0460 crores during the period ended December 31, 2022.

The company has posted net profit / (loss) of Rs.-1.4366 crores for the period ended December 31, 2023 as against net profit / (loss) of Rs.-1.1049 crores for the period ended December 31, 2022.

The company has reported EPS of Rs.-0.48 for the period ended December 31, 2023 as compared to Rs.-0.37 for the period ended December 31, 2022.

Financials	Q3 FY2024	Q3 FY2023	% Change
Total Income	₹ 1.5297 crs	₹5.0460 crs	-69.68%
Net Profit	₹-1.4366 crs	₹-1.1049 crs	30.02%
EPS	₹-0.48	₹-0.37	29.73%

Financial Results (9 Months Ended FY2024) - YoY Comparison

The company has reported total income of Rs.8.6392 crores during the 9 Months period ended December 31, 2023 as compared to Rs.20.05 crores during the 9 Months period ended December 31, 2022.

The company has posted net profit / (loss) of Rs.-2.8717 crores for the 9 Months period ended December 31, 2023 as against net profit / (loss) of Rs.-0.6835 crores for the 9 Months period ended December 31, 2022.

The company has reported EPS of Rs.-0.96 for the 9 Months period ended December 31, 2023 as compared to Rs.-0.23 for the 9 Months period ended December 31, 2022.

Financials	9 Months Ended FY2024	9 Months Ended FY2023	% Change
Total Income	₹8.6392 crs	₹20.05 crs	-56.91%
Net Profit	₹-2.8717 crs	₹-0.6835 crs	320.15%
EPS	₹-0.96	₹-0.23	317.39%

Shares of Ramasigns Industries Ltd was last trading in BSE at Rs. 2.77 as compared to the previous close of Rs. 2.70. The total number of shares traded during the day was 19651 in over 32 trades.

The stock hit an intraday high of Rs. 2.83 and intraday low of 2.77. The net turnover during the day was Rs. 54764.00.

Source : Equity Bulls

Keywords

RamasignsIndustries Q3FY24 9MFY24 ResultUpdate