Stylam Industries Ltd Q3FY24 consolidated PAT at Rs. 31.33 crores

Stylam 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. 216.5433 crores during the period ended December 31, 2023 as compared to Rs. 235.8454 crores during the period ended September 30, 2023.

The company has posted net profit / (loss) of Rs. 31.3346 crores for the period ended December 31, 2023 as against net profit / (loss) of Rs. 31.7518 crores for the period ended September 30, 2023.

The company has reported EPS of Rs. 18.49 for the period ended December 31, 2023 as compared to Rs. 18.73 for the period ended September 30, 2023.

Financials	Q3 FY2024	Q2 FY2024	% Change
Total Income	₹ 216.5433 crs	₹235.8454 crs	-8.18%
Net Profit	₹31.3346 crs	₹31.7518 crs	-1.31%
EPS	₹18.49	₹18.73	-1.28%

Financial Results (Q3 FY2024) - YoY Comparison

The company has reported total income of Rs. 216.5433 crores during the period ended December 31, 2023 as compared to Rs.234.2117 crores during the period ended December 31, 2022.

The company has posted net profit / (loss) of Rs.31.3346 crores for the period ended December 31, 2023 as against net profit / (loss) of Rs.24.0307 crores for the period ended December 31, 2022.

The company has reported EPS of Rs.18.49 for the period ended December 31, 2023 as compared to Rs.14.18 for the period ended December 31, 2022.

Financials	Q3 FY2024	Q3 FY2023	% Change
Total Income	₹ 216.5433 crs	₹234.2117 crs	-7.54%
Net Profit	₹31.3346 crs	₹24.0307 crs	30.39%
EPS	₹18.49	₹14.18	30.39%

Financial Results (9 Months Ended FY2024) - YoY Comparison

The company has reported total income of Rs.678.5961 crores during the 9 Months period ended December 31, 2023 as compared to Rs.716.0527 crores during the 9 Months period ended December 31, 2022.

The company has posted net profit / (loss) of Rs.90.8665 crores for the 9 Months period ended December 31, 2023 as against net profit / (loss) of Rs.69.19 crores for the 9 Months period ended December 31, 2022.

The company has reported EPS of Rs.53.61 for the 9 Months period ended December 31, 2023 as compared to Rs.40.82 for the 9 Months period ended December 31, 2022.

Financials	9 Months Ended FY2024	9 Months Ended FY2023	% Change
Total Income	₹678.5961 crs	₹716.0527 crs	-5.23%
Net Profit	₹90.8665 crs	₹69.19 crs	31.33%
EPS	₹53.61	₹40.82	31.33%

Shares of Stylam Industries Limited was last trading in BSE at Rs. 1628.95 as compared to the previous close of Rs. 1660.75. The total number of shares traded during the day was 3594 in over 780 trades.

The stock hit an intraday high of Rs. 1685.55 and intraday low of 1621.05. The net turnover during the day was Rs. 5933252.00.

Source : Equity Bulls

Keywords

StylamIndustries Q3FY24 9MFY24 ResultUpdate