Rapicut Carbides Ltd Q3 FY2023-24 net profit at Rs. 46.25 lakhs

RAPICUT CARBIDES 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. 15.2884 crores during the period ended December 31, 2023 as compared to Rs. 15.7067 crores during the period ended September 30, 2023.

The company has posted net profit / (loss) of Rs. 0.4625 crores for the period ended December 31, 2023 as against net profit / (loss) of Rs. -0.1026 crores for the period ended September 30, 2023.

The company has reported EPS of Rs. 0.86 for the period ended December 31, 2023 as compared to Rs. -0.19 for the period ended September 30, 2023.

Financials	Q3 FY2024	Q2 FY2024	% Change
Total Income	₹ 15.2884 crs	₹15.7067 crs	-2.66%
Net Profit	₹0.4625 crs	₹-0.1026 crs	550.78%
EPS	₹0.86	₹-0.19	552.63%

Financial Results (Q3 FY2024) - YoY Comparison

The company has reported total income of Rs. 15.2884 crores during the period ended December 31, 2023 as compared to Rs.8.2070 crores during the period ended December 31, 2022.

The company has posted net profit / (loss) of Rs.0.4625 crores for the period ended December 31, 2023 as against net profit / (loss) of Rs.-0.5930 crores for the period ended December 31, 2022.

The company has reported EPS of Rs.0.86 for the period ended December 31, 2023 as compared to Rs.-1.10 for the period ended December 31, 2022.

Financials	Q3 FY2024	Q3 FY2023	% Change
Total Income	₹ 15.2884 crs	₹8.2070 crs	86.28%
Net Profit	₹0.4625 crs	₹-0.5930 crs	177.99%
EPS	₹0.86	₹-1.10	178.18%

Financial Results (9 Months Ended FY2024) - YoY Comparison

The company has reported total income of Rs.43.3358 crores during the 9 Months period ended December 31, 2023 as compared to Rs.23.8725 crores during the 9 Months period ended December 31, 2022.

The company has posted net profit / (loss) of Rs.-0.0440 crores for the 9 Months period ended December 31, 2023 as against net profit / (loss) of Rs.-1.0160 crores for the 9 Months period ended December 31, 2022.

The company has reported EPS of Rs.-0.08 for the 9 Months period ended December 31, 2023 as compared to Rs.-1.89 for the 9 Months period ended December 31, 2022.

Financials	9 Months Ended FY2024	9 Months Ended FY2023	% Change
Total Income	₹43.3358 crs	₹23.8725 crs	81.53%
Net Profit	₹-0.0440 crs	₹-1.0160 crs	95.67%
EPS	₹-0.08	₹-1.89	95.77%

Shares of RAPICUT CARBIDES LTD. was last trading in BSE at Rs. 87.50 as compared to the previous close of Rs. 84.33. The total number of shares traded during the day was 4506 in over 58 trades.

The stock hit an intraday high of Rs. 88.49 and intraday low of 82.30. The net turnover during the day was Rs. 390534.00.

Source : Equity Bulls

Keywords

RapicutCarbides Q3FY24 9MFY24 ResultUpdate