Gandhar Oil Refinery India Ltd posts Rs. 47.32 crores consolidated PAT in Q3 FY24

Gandhar Oil Refinery India Limited has reported Consolidated financial results for the period ended December 31, 2023.

Financial Results (Q3 FY2024) - QoQ Comparison

The company has reported total income of Rs. 1104.305 crores during the period ended December 31, 2023 as compared to Rs. 1003.231 crores during the period ended September 30, 2023.

The company has posted net profit / (loss) of Rs. 47.32 crores for the period ended December 31, 2023 as against net profit / (loss) of Rs. 39.306 crores for the period ended September 30, 2023.

The company has reported EPS of Rs. 5.47 for the period ended December 31, 2023 as compared to Rs. 4.92 for the period ended September 30, 2023.

Financials	Q3 FY2024	Q2 FY2024	% Change
Total Income	₹ 1104.305 crs	₹1003.231 crs	10.07%
Net Profit	₹47.32 crs	₹39.306 crs	20.39%
EPS	₹5.47	₹4.92	11.18%

Financial Results (Q3 FY2024) - YoY Comparison

The company has reported total income of Rs. 1104.305 crores during the period ended December 31, 2023 as compared to Rs.1114.012 crores during the period ended December 31, 2022.

The company has posted net profit / (loss) of Rs.47.32 crores for the period ended December 31, 2023 as against net profit / (loss) of Rs.43.383 crores for the period ended December 31, 2022.

The company has reported EPS of Rs.5.47 for the period ended December 31, 2023 as compared to Rs.5.42 for the period ended December 31, 2022.

Financials	Q3 FY2024	Q3 FY2023	% Change
Total Income	₹ 1104.305 crs	₹1114.012 crs	-0.87%
Net Profit	₹47.32 crs	₹43.383 crs	9.07%
EPS	₹5.47	₹5.42	0.92%

Financial Results (9 Months Ended FY2024) - YoY Comparison

The company has reported total income of Rs.3179.074 crores during the 9 Months period ended December 31, 2023 as compared to Rs.3110.051 crores during the 9 Months period ended December 31, 2022.

The company has posted net profit / (loss) of Rs.131.381 crores for the 9 Months period ended December 31, 2023 as against net profit / (loss) of Rs.168.688 crores for the 9 Months period ended December 31, 2022.

The company has reported EPS of Rs.15.20 for the 9 Months period ended December 31, 2023 as compared to Rs.21.09 for the 9 Months period ended December 31, 2022.

Financials	9 Months Ended FY2024	9 Months Ended FY2023	% Change
Total Income	₹3179.074 crs	₹3110.051 crs	2.22%
Net Profit	₹131.381 crs	₹168.688 crs	-22.12%
EPS	₹15.20	₹21.09	-27.93%

Shares of Gandhar Oil Refinery India Limited was last trading in BSE at Rs. 252.80 as compared to the previous close of Rs. 261.65. The total number of shares traded during the day was 114596 in over 2672 trades.

The stock hit an intraday high of Rs. 265.25 and intraday low of 250.40. The net turnover during the day was Rs. 29426363.00.

Source : Equity Bulls

Keywords

GandharOilRefineryIndia Q3FY24 9MFY24 ResultUpdate