Balgopal Commercial Ltd Q3 FY2023-24 PAT at Rs. 3.70 crore

Balgopal Commercial 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. 11.6613 crores during the period ended December 31, 2023 as compared to Rs. 8.7794 crores during the period ended September 30, 2023.

The company has posted net profit / (loss) of Rs. 3.7043 crores for the period ended December 31, 2023 as against net profit / (loss) of Rs. 4.1135 crores for the period ended September 30, 2023.

The company has reported EPS of Rs. 2.24 for the period ended December 31, 2023 as compared to Rs. 2.49 for the period ended September 30, 2023.

Financials	Q3 FY2024	Q2 FY2024	% Change
Total Income	₹ 11.6613 crs	₹8.7794 crs	32.83%
Net Profit	₹3.7043 crs	₹4.1135 crs	-9.95%
EPS	₹2.24	₹2.49	-10.04%

Financial Results (Q3 FY2024) - YoY Comparison

The company has reported total income of Rs. 11.6613 crores during the period ended December 31, 2023 as compared to Rs.3.8855 crores during the period ended December 31, 2022.

The company has posted net profit / (loss) of Rs.3.7043 crores for the period ended December 31, 2023 as against net profit / (loss) of Rs.1.7687 crores for the period ended December 31, 2022.

The company has reported EPS of Rs.2.24 for the period ended December 31, 2023 as compared to Rs.1.07 for the period ended December 31, 2022.

Financials	Q3 FY2024	Q3 FY2023	% Change
Total Income	₹ 11.6613 crs	₹3.8855 crs	200.12%
Net Profit	₹3.7043 crs	₹1.7687 crs	109.44%
EPS	₹2.24	₹1.07	109.35%

Financial Results (9 Months Ended FY2024) - YoY Comparison

The company has reported total income of Rs.23.5170 crores during the 9 Months period ended December 31, 2023 as compared to Rs.10.8603 crores during the 9 Months period ended December 31, 2022.

The company has posted net profit / (loss) of Rs.9.4230 crores for the 9 Months period ended December 31, 2023 as against net profit / (loss) of Rs.3.9482 crores for the 9 Months period ended December 31, 2022.

The company has reported EPS of Rs.5.71 for the 9 Months period ended December 31, 2023 as compared to Rs.2.39 for the 9 Months period ended December 31, 2022.

Financials	9 Months Ended FY2024	9 Months Ended FY2023	% Change
Total Income	₹23.5170 crs	₹10.8603 crs	116.54%
Net Profit	₹9.4230 crs	₹3.9482 crs	138.67%
EPS	₹5.71	₹2.39	138.91%

Shares of Balgopal Commercial Ltd was last trading in BSE at Rs. 35.56 as compared to the previous close of Rs. 34.58. The total number of shares traded during the day was 929 in over 16 trades.

The stock hit an intraday high of Rs. 36.30 and intraday low of 32.86. The net turnover during the day was Rs. 32909.00.

Source : Equity Bulls

Keywords

BalgopalCommercial Q3FY24 9MFY24 ResultUpdate