N K Industries Ltd Q3 FY2023-24 consolidated loss at Rs. 40.41 lakhs

NK Industries 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. 4.4453 crores during the period ended December 31, 2023 as compared to Rs. 4.4476 crores during the period ended September 30, 2023.

The company has posted net profit / (loss) of Rs. -0.4041 crores for the period ended December 31, 2023 as against net profit / (loss) of Rs. -0.7914 crores for the period ended September 30, 2023.

The company has reported EPS of Rs. -0.67 for the period ended December 31, 2023 as compared to Rs. -1.32 for the period ended September 30, 2023.

Financials	Q3 FY2024	Q2 FY2024	% Change
Total Income	₹ 4.4453 crs	₹4.4476 crs	-0.05%
Net Profit	₹-0.4041 crs	₹-0.7914 crs	48.94%
EPS	₹-0.67	₹-1.32	49.24%

Financial Results (Q3 FY2024) - YoY Comparison

The company has reported total income of Rs. 4.4453 crores during the period ended December 31, 2023 as compared to Rs.4.7666 crores during the period ended December 31, 2022.

The company has posted net profit / (loss) of Rs.-0.4041 crores for the period ended December 31, 2023 as against net profit / (loss) of Rs.-0.2044 crores for the period ended December 31, 2022.

The company has reported EPS of Rs.-0.67 for the period ended December 31, 2023 as compared to Rs.-0.34 for the period ended December 31, 2022.

Financials	Q3 FY2024	Q3 FY2023	% Change
Total Income	₹ 4.4453 crs	₹4.7666 crs	-6.74%
Net Profit	₹-0.4041 crs	₹-0.2044 crs	97.70%
EPS	₹-0.67	₹-0.34	97.06%

Financial Results (9 Months Ended FY2024) - YoY Comparison

The company has reported total income of Rs.13.1780 crores during the 9 Months period ended December 31, 2023 as compared to Rs.13.7666 crores during the 9 Months period ended December 31, 2022.

The company has posted net profit / (loss) of Rs.-1.9406 crores for the 9 Months period ended December 31, 2023 as against net profit / (loss) of Rs.-1.8728 crores for the 9 Months period ended December 31, 2022.

The company has reported EPS of Rs.-3.23 for the 9 Months period ended December 31, 2023 as compared to Rs.-3.12 for the 9 Months period ended December 31, 2022.

Financials	9 Months Ended FY2024	9 Months Ended FY2023	% Change
Total Income	₹13.1780 crs	₹13.7666 crs	-4.28%
Net Profit	₹-1.9406 crs	₹-1.8728 crs	3.62%
EPS	₹-3.23	₹-3.12	3.53%

Shares of NK Industries Limited was last trading in BSE at Rs. 64.15 as compared to the previous close of Rs. 61.92. The total number of shares traded during the day was 2761 in over 21 trades.

The stock hit an intraday high of Rs. 65.01 and intraday low of 61.74. The net turnover during the day was Rs. 174970.00.

Source : Equity Bulls

Keywords

NKIndustries Q3FY24 9MFY24 ResultUpdate