Suraj Ltd Q3 FY2023-24 net profit jumps to Rs. 6.40 crores

SURAJ 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. 93.8272 crores during the period ended December 31, 2023 as compared to Rs. 85.8995 crores during the period ended September 30, 2023.

The company has posted net profit / (loss) of Rs. 6.4004 crores for the period ended December 31, 2023 as against net profit / (loss) of Rs. 3.7902 crores for the period ended September 30, 2023.

The company has reported EPS of Rs. 3.49 for the period ended December 31, 2023 as compared to Rs. 2.06 for the period ended September 30, 2023.

Financials	Q3 FY2024	Q2 FY2024	% Change
Total Income	₹93.8272 crs	₹85.8995 crs	9.23%
Net Profit	₹6.4004 crs	₹3.7902 crs	68.87%
EPS	₹3.49	₹2.06	69.42%

Financial Results (Q3 FY2024) - YoY Comparison

The company has reported total income of Rs.93.8272 crores during the period ended December 31, 2023 as compared to Rs.95.3223 crores during the period ended December 31, 2022.

The company has posted net profit / (loss) of Rs.6.4004 crores for the period ended December 31, 2023 as against net profit / (loss) of Rs.3.5363 crores for the period ended December 31, 2022.

The company has reported EPS of Rs.3.49 for the period ended December 31, 2023 as compared to Rs.1.93 for the period ended December 31, 2022.

Financials	Q3 FY2024	Q3 FY2023	% Change
Total Income	₹93.8272 crs	₹95.3223 crs	-1.57%
Net Profit	₹6.4004 crs	₹3.5363 crs	80.99%
EPS	₹3.49	₹1.93	80.83%

Financial Results (9 Months Ended FY2024) - YoY Comparison

The company has reported total income of Rs.256.5834 crores during the 9 Months period ended December 31, 2023 as compared to Rs.288.0521 crores during the 9 Months period ended December 31, 2022.

The company has posted net profit / (loss) of Rs.14.9992 crores for the 9 Months period ended December 31, 2023 as against net profit / (loss) of Rs.7.4516 crores for the 9 Months period ended December 31, 2022.

The company has reported EPS of Rs.8.17 for the 9 Months period ended December 31, 2023 as compared to Rs.4.06 for the 9 Months period ended December 31, 2022.

Financials	9 Months Ended FY2024	9 Months Ended FY2023	% Change
Total Income	₹256.5834 crs	₹288.0521 crs	-10.92%
Net Profit	₹14.9992 crs	₹7.4516 crs	101.29%
EPS	₹8.17	₹4.06	101.23%

Shares of SURAJ LTD. was last trading in BSE at Rs. 207.75 as compared to the previous close of Rs. 214.15. The total number of shares traded during the day was 5929 in over 145 trades.

The stock hit an intraday high of Rs. 214.95 and intraday low of 201.65. The net turnover during the day was Rs. 1238873.00.

Source : Equity Bulls

Keywords

Suraj Q3FY24 9MFY24 ResultUpdate