Stock Report

Axtel Industries Ltd Q3 FY24 net profit falls QoQ to Rs. 9.57 crores



Posted On : 2024-01-19 14:54:06( TIMEZONE : IST )

Axtel Industries Ltd Q3 FY24 net profit falls QoQ to Rs. 9.57 crores

AXTEL 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. 54.5481 crores during the period ended December 31, 2023 as compared to Rs. 70.5583 crores during the period ended September 30, 2023.

The company has posted net profit / (loss) of Rs. 9.5797 crores for the period ended December 31, 2023 as against net profit / (loss) of Rs. 11.9206 crores for the period ended September 30, 2023.

The company has reported EPS of Rs. 5.93 for the period ended December 31, 2023 as compared to Rs. 7.38 for the period ended September 30, 2023.

Financials Q3 FY2024 Q2 FY2024 % Change
Total Income ₹ 54.5481 crs ₹70.5583 crs Up Tick / Down Tick-22.69%
Net Profit ₹9.5797 crs ₹11.9206 crs Up Tick / Down Tick-19.64%
EPS ₹5.93 ₹7.38 Up Tick / Down Tick-19.65%

Financial Results (Q3 FY2024) - YoY Comparison

The company has reported total income of Rs. 54.5481 crores during the period ended December 31, 2023 as compared to Rs.40.7331 crores during the period ended December 31, 2022.

The company has posted net profit / (loss) of Rs.9.5797 crores for the period ended December 31, 2023 as against net profit / (loss) of Rs.2.2081 crores for the period ended December 31, 2022.

The company has reported EPS of Rs.5.93 for the period ended December 31, 2023 as compared to Rs.1.37 for the period ended December 31, 2022.

Financials Q3 FY2024 Q3 FY2023 % Change
Total Income ₹ 54.5481 crs ₹40.7331 crs Up Tick / Down Tick33.92%
Net Profit ₹9.5797 crs ₹2.2081 crs Up Tick / Down Tick333.84%
EPS ₹5.93 ₹1.37 Up Tick / Down Tick332.85%

Financial Results (9 Months Ended FY2024) - YoY Comparison

The company has reported total income of Rs.173.7669 crores during the 9 Months period ended December 31, 2023 as compared to Rs.114.2247 crores during the 9 Months period ended December 31, 2022.

The company has posted net profit / (loss) of Rs.26.8215 crores for the 9 Months period ended December 31, 2023 as against net profit / (loss) of Rs.6.2159 crores for the 9 Months period ended December 31, 2022.

The company has reported EPS of Rs.16.60 for the 9 Months period ended December 31, 2023 as compared to Rs.3.85 for the 9 Months period ended December 31, 2022.

Financials 9 Months Ended FY2024 9 Months Ended FY2023 % Change
Total Income ₹173.7669 crs ₹114.2247 crs Up Tick / Down Tick52.13%
Net Profit ₹26.8215 crs ₹6.2159 crs Up Tick / Down Tick331.50%
EPS ₹16.60 ₹3.85 Up Tick / Down Tick331.17%

Shares of AXTEL INDUSTRIES LTD. was last trading in BSE at Rs. 581.45 as compared to the previous close of Rs. 574.45. The total number of shares traded during the day was 31650 in over 575 trades.

The stock hit an intraday high of Rs. 597.00 and intraday low of 566.15. The net turnover during the day was Rs. 18258806.00.

Source : Equity Bulls

Keywords

AxtelIndustries Q3FY24 9MFY24 ResultUpdate