KEI Industries Ltd posts higher consolidated Q3FY24 PAT of Rs. 150.67 crores

KEI 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. 2073.527 crores during the period ended December 31, 2023 as compared to Rs. 1954.231 crores during the period ended September 30, 2023.

The company has posted net profit / (loss) of Rs. 150.674 crores for the period ended December 31, 2023 as against net profit / (loss) of Rs. 140.205 crores for the period ended September 30, 2023.

The company has reported EPS of Rs. 16.67 for the period ended December 31, 2023 as compared to Rs. 15.51 for the period ended September 30, 2023.

Financials	Q3 FY2024	Q2 FY2024	% Change
Total Income	₹ 2073.527 crs	₹1954.231 crs	6.10%
Net Profit	₹150.674 crs	₹140.205 crs	7.47%
EPS	₹16.67	₹15.51	7.48%

Financial Results (Q3 FY2024) - YoY Comparison

The company has reported total income of Rs. 2073.527 crores during the period ended December 31, 2023 as compared to Rs.1798.079 crores during the period ended December 31, 2022.

The company has posted net profit / (loss) of Rs.150.674 crores for the period ended December 31, 2023 as against net profit / (loss) of Rs.128.603 crores for the period ended December 31, 2022.

The company has reported EPS of Rs.16.67 for the period ended December 31, 2023 as compared to Rs.14.23 for the period ended December 31, 2022.

Financials	Q3 FY2024	Q3 FY2023	% Change
Total Income	₹ 2073.527 crs	₹1798.079 crs	15.32%
Net Profit	₹150.674 crs	₹128.603 crs	17.16%
EPS	₹16.67	₹14.23	17.15%

Financial Results (9 Months Ended FY2024) - YoY Comparison

The company has reported total income of Rs.5818.663 crores during the 9 Months period ended December 31, 2023 as compared to Rs.4980.364 crores during the 9 Months period ended December 31, 2022.

The company has posted net profit / (loss) of Rs.412.259 crores for the 9 Months period ended December 31, 2023 as against net profit / (loss) of Rs.339.248 crores for the 9 Months period ended December 31, 2022.

The company has reported EPS of Rs.45.61 for the 9 Months period ended December 31, 2023 as compared to Rs.37.58 for the 9 Months period ended December 31, 2022.

Financials	9 Months Ended FY2024	9 Months Ended FY2023	% Change
Total Income	₹5818.663 crs	₹4980.364 crs	16.83%
Net Profit	₹412.259 crs	₹339.248 crs	21.52%
EPS	₹45.61	₹37.58	21.37%

Shares of KEI Industries Limited was last trading in BSE at Rs. 3017.25 as compared to the previous close of Rs. 3028.95. The total number of shares traded during the day was 25443 in over 3969 trades.

The stock hit an intraday high of Rs. 3143.40 and intraday low of 2981.00. The net turnover during the day was Rs. 77718150.00.

Source : Equity Bulls

Keywords

KEIIndustries Q3FY24 9MFY24 ResultUpdate