Shakti Pumps India Ltd Q3FY24 consolidated PAT surges to Rs. 45.19 crores

Shakti Pumps (India) 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. 497.0396 crores during the period ended December 31, 2023 as compared to Rs. 153.5341 crores during the period ended September 30, 2023.

The company has posted net profit / (loss) of Rs. 45.1933 crores for the period ended December 31, 2023 as against net profit / (loss) of Rs. 5.8616 crores for the period ended September 30, 2023.

The company has reported EPS of Rs. 24.59 for the period ended December 31, 2023 as compared to Rs. 3.19 for the period ended September 30, 2023.

Financials	Q3 FY2024	Q2 FY2024	% Change
Total Income	₹ 497.0396 crs	₹153.5341 crs	223.73%
Net Profit	₹45.1933 crs	₹5.8616 crs	671.01%
EPS	₹24.59	₹3.19	670.85%

Financial Results (Q3 FY2024) - YoY Comparison

The company has reported total income of Rs. 497.0396 crores during the period ended December 31, 2023 as compared to Rs.315.0956 crores during the period ended December 31, 2022.

The company has posted net profit / (loss) of Rs.45.1933 crores for the period ended December 31, 2023 as against net profit / (loss) of Rs.11.2468 crores for the period ended December 31, 2022.

The company has reported EPS of Rs.24.59 for the period ended December 31, 2023 as compared to Rs.6.12 for the period ended December 31, 2022.

Financials	Q3 FY2024	Q3 FY2023	% Change
Total Income	₹ 497.0396 crs	₹315.0956 crs	57.74%
Net Profit	₹45.1933 crs	₹11.2468 crs	301.83%
EPS	₹24.59	₹6.12	301.80%

Financial Results (9 Months Ended FY2024) - YoY Comparison

The company has reported total income of Rs.764.1741 crores during the 9 Months period ended December 31, 2023 as compared to Rs.787.6958 crores during the 9 Months period ended December 31, 2022.

The company has posted net profit / (loss) of Rs.52.0510 crores for the 9 Months period ended December 31, 2023 as against net profit / (loss) of Rs.21.8837 crores for the 9 Months period ended December 31, 2022.

The company has reported EPS of Rs.28.32 for the 9 Months period ended December 31, 2023 as compared to Rs.11.91 for the 9 Months period ended December 31, 2022.

Financials	9 Months Ended FY2024	9 Months Ended FY2023	% Change
Total Income	₹764.1741 crs	₹787.6958 crs	-2.99%
Net Profit	₹52.0510 crs	₹21.8837 crs	137.85%
EPS	₹28.32	₹11.91	137.78%

Shares of Shakti Pumps (India) Limited was last trading in BSE at Rs. 1058.30 as compared to the previous close of Rs. 1060.50. The total number of shares traded during the day was 16474 in over 1636 trades.

The stock hit an intraday high of Rs. 1113.00 and intraday low of 1054.85. The net turnover during the day was Rs. 17762467.00.

Source : Equity Bulls

Keywords

ShaktiPumpsIndia Q3FY24 9MFY24 ResultUpdate