Kriti Industries India Ltd consolidated Q3FY24 PAT Jumps to Rs. 7.95 crores

KRITI INDUSTRIES (INDIA) LTD. 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. 244.0278 crores during the period ended December 31, 2023 as compared to Rs. 149.9821 crores during the period ended September 30, 2023.

The company has posted net profit / (loss) of Rs. 7.9505 crores for the period ended December 31, 2023 as against net profit / (loss) of Rs. 2.5029 crores for the period ended September 30, 2023.

The company has reported EPS of Rs. 1.60 for the period ended December 31, 2023 as compared to Rs. 0.51 for the period ended September 30, 2023.

Financials	Q3 FY2024	Q2 FY2024	% Change
Total Income	₹ 244.0278 crs	₹149.9821 crs	62.70%
Net Profit	₹7.9505 crs	₹2.5029 crs	217.65%
EPS	₹1.60	₹0.51	213.73%

Financial Results (Q3 FY2024) - YoY Comparison

The company has reported total income of Rs. 244.0278 crores during the period ended December 31, 2023 as compared to Rs.256.1895 crores during the period ended December 31, 2022.

The company has posted net profit / (loss) of Rs.7.9505 crores for the period ended December 31, 2023 as against net profit / (loss) of Rs.4.5531 crores for the period ended December 31, 2022.

The company has reported EPS of Rs.1.60 for the period ended December 31, 2023 as compared to Rs.0.92 for the period ended December 31, 2022.

Financials	Q3 FY2024	Q3 FY2023	% Change
Total Income	₹ 244.0278 crs	₹256.1895 crs	-4.75%
Net Profit	₹7.9505 crs	₹4.5531 crs	74.62%
EPS	₹1.60	₹0.92	73.91%

Financial Results (9 Months Ended FY2024) - YoY Comparison

The company has reported total income of Rs.674.2237 crores during the 9 Months period ended December 31, 2023 as compared to Rs.547.4434 crores during the 9 Months period ended December 31, 2022.

The company has posted net profit / (loss) of Rs.18.2775 crores for the 9 Months period ended December 31, 2023 as against net profit / (loss) of Rs.-38.9959 crores for the 9 Months period ended December 31, 2022.

The company has reported EPS of Rs.3.70 for the 9 Months period ended December 31, 2023 as compared to Rs.-7.86 for the 9 Months period ended December 31, 2022.

Financials	9 Months Ended FY2024	9 Months Ended FY2023	% Change
Total Income	₹674.2237 crs	₹547.4434 crs	23.16%
Net Profit	₹18.2775 crs	₹-38.9959 crs	146.87%
EPS	₹3.70	₹-7.86	147.07%

Shares of KRITI INDUSTRIES (INDIA) LTD. was last trading in BSE at Rs. 124.10 as compared to the previous close of Rs. 126.35. The total number of shares traded during the day was 28095 in over 635 trades.

The stock hit an intraday high of Rs. 128.50 and intraday low of 123.05. The net turnover during the day was Rs. 3536688.00.

Source : Equity Bulls

Keywords

KritiIndustriesIndia Q3FY24 9MFY24 ResultUpdate