Surana Telecom and Power Ltd Q3 FY2024 consolidated profit at Rs. 84.35 lakhs

Surana Telecom and Power 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. 6.5144 crores during the period ended December 31, 2023 as compared to Rs. 6.4605 crores during the period ended September 30, 2023.

The company has posted net profit / (loss) of Rs. 0.8435 crores for the period ended December 31, 2023 as against net profit / (loss) of Rs. 0.5932 crores for the period ended September 30, 2023.

The company has reported EPS of Rs. 0.06 for the period ended December 31, 2023 as compared to Rs. 0.05 for the period ended September 30, 2023.

Financials	Q3 FY2024	Q2 FY2024	% Change
Total Income	₹ 6.5144 crs	₹6.4605 crs	0.83%
Net Profit	₹0.8435 crs	₹0.5932 crs	42.19%
EPS	₹0.06	₹0.05	20.00%

Financial Results (Q3 FY2024) - YoY Comparison

The company has reported total income of Rs. 6.5144 crores during the period ended December 31, 2023 as compared to Rs.7.2862 crores during the period ended December 31, 2022.

The company has posted net profit / (loss) of Rs.0.8435 crores for the period ended December 31, 2023 as against net profit / (loss) of Rs.1.0197 crores for the period ended December 31, 2022.

The company has reported EPS of Rs.0.06 for the period ended December 31, 2023 as compared to Rs.0.09 for the period ended December 31, 2022.

Financials	Q3 FY2024	Q3 FY2023	% Change
Total Income	₹ 6.5144 crs	₹7.2862 crs	-10.59%
Net Profit	₹0.8435 crs	₹1.0197 crs	-17.28%
EPS	₹0.06	₹0.09	-33.33%

Financial Results (9 Months Ended FY2024) - YoY Comparison

The company has reported total income of Rs.20.4304 crores during the 9 Months period ended December 31, 2023 as compared to Rs.29.2637 crores during the 9 Months period ended December 31, 2022.

The company has posted net profit / (loss) of Rs.2.7145 crores for the 9 Months period ended December 31, 2023 as against net profit / (loss) of Rs.9.4539 crores for the 9 Months period ended December 31, 2022.

The company has reported EPS of Rs.0.23 for the 9 Months period ended December 31, 2023 as compared to Rs.0.75 for the 9 Months period ended December 31, 2022.

Financials	9 Months Ended FY2024	9 Months Ended FY2023	% Change
Total Income	₹20.4304 crs	₹29.2637 crs	-30.19%
Net Profit	₹2.7145 crs	₹9.4539 crs	-71.29%
EPS	₹0.23	₹0.75	-69.33%

Shares of Surana Telecom and Power Limited was last trading in BSE at Rs. 16.20 as compared to the previous close of Rs. 16.13. The total number of shares traded during the day was 26282 in over 176 trades.

The stock hit an intraday high of Rs. 16.49 and intraday low of 16.10. The net turnover during the day was Rs. 427853.00.

Source : Equity Bulls

Keywords

SuranaTelecomandPower Q3FY24 9MFY24 ResultUpdate