Ramgopal Polytex Ltd Q3FY24 loss at Rs. 68.81 lakhs

RAMGOPAL POLYTEX 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. 1.6876 crores during the period ended December 31, 2023 as compared to Rs. 5.2941 crores during the period ended September 30, 2023.

The company has posted net profit / (loss) of Rs. -0.6881 crores for the period ended December 31, 2023 as against net profit / (loss) of Rs. -0.4368 crores for the period ended September 30, 2023.

The company has reported EPS of Rs. -0.48 for the period ended December 31, 2023 as compared to Rs. -0.30 for the period ended September 30, 2023.

Financials	Q3 FY2024	Q2 FY2024	% Change
Total Income	₹ 1.6876 crs	₹5.2941 crs	-68.12%
Net Profit	₹-0.6881 crs	₹-0.4368 crs	57.53%
EPS	₹-0.48	₹-0.30	60.00%

Financial Results (Q3 FY2024) - YoY Comparison

The company has reported total income of Rs. 1.6876 crores during the period ended December 31, 2023 as compared to Rs.0.6930 crores during the period ended December 31, 2022.

The company has posted net profit / (loss) of Rs.-0.6881 crores for the period ended December 31, 2023 as against net profit / (loss) of Rs.-0.2883 crores for the period ended December 31, 2022.

The company has reported EPS of Rs.-0.48 for the period ended December 31, 2023 as compared to Rs.-0.20 for the period ended December 31, 2022.

Financials	Q3 FY2024	Q3 FY2023	% Change
Total Income	₹ 1.6876 crs	₹0.6930 crs	143.52%
Net Profit	₹-0.6881 crs	₹-0.2883 crs	138.67%
EPS	₹-0.48	₹-0.20	140.00%

Financial Results (9 Months Ended FY2024) - YoY Comparison

The company has reported total income of Rs.10.3445 crores during the 9 Months period ended December 31, 2023 as compared to Rs.5.9320 crores during the 9 Months period ended December 31, 2022.

The company has posted net profit / (loss) of Rs.-1.3892 crores for the 9 Months period ended December 31, 2023 as against net profit / (loss) of Rs.-1.1194 crores for the 9 Months period ended December 31, 2022.

The company has reported EPS of Rs.-0.96 for the 9 Months period ended December 31, 2023 as compared to Rs.-0.77 for the 9 Months period ended December 31, 2022.

Financials	9 Months Ended FY2024	9 Months Ended FY2023	% Change
Total Income	₹10.3445 crs	₹5.9320 crs	74.38%
Net Profit	₹-1.3892 crs	₹-1.1194 crs	24.10%
EPS	₹-0.96	₹-0.77	24.68%

Shares of RAMGOPAL POLYTEX LTD. was last trading in BSE at Rs. 6.21 as compared to the previous close of Rs. 6.09. The total number of shares traded during the day was 22264 in over 39 trades.

The stock hit an intraday high of Rs. 6.39 and intraday low of 6.08. The net turnover during the day was Rs. 138727.00.

Source : Equity Bulls

Keywords

RamgopalPolytex Q3FY24 9MFY24 ResultUpdate