JK Agri Genetics Ltd Q3 FY2024 loss at Rs. 6.50 crores

JK Agri Genetics Ltd has reported Standalone financial results for the period ended December 31, 2023.

Financial Results (Q3 FY2024) - YoY Comparison

The company has reported total income of Rs. 23.9334 crores during the period ended December 31, 2023 as compared to Rs. 23.3723 crores during the period ended December 31, 2022.

The company has posted net profit / (loss) of Rs. -6.5099 crores for the period ended December 31, 2023 as against net profit / (loss) of Rs. -9.5704 crores for the period ended December 31, 2022.

The company has reported EPS of Rs. -14.04 for the period ended December 31, 2023 as compared to Rs. -20.64 for the period ended December 31, 2022.

Financials	Q3 FY2024	Q3 FY2023	% Change
Total Income	₹23.9334 crs	₹23.3723 crs	2.40%
Net Profit	₹-6.5099 crs	₹-9.5704 crs	31.98%
EPS	₹-14.04	₹-20.64	31.98%

Financial Results (Q3 FY2024) - QoQ Comparison

The company has reported total income of Rs.23.9334 crores during the period ended December 31, 2023 as compared to Rs.10.4345 crores during the period ended September 30, 2023.

The company has posted net profit / (loss) of Rs.-6.5099 crores for the period ended December 31, 2023 as against net profit / (loss) of Rs.-10.9955 crores for the period ended September 30, 2023.

The company has reported EPS of Rs.-14.04 for the period ended December 31, 2023 as compared to Rs.-23.71 for the period ended September 30, 2023.

Financials	Q3 FY2024	Q2 FY2024	% Change
Total Income	₹23.9334 crs	₹10.4345 crs	129.37%
Net Profit	₹-6.5099 crs	₹-10.9955 crs	40.79%
EPS	₹-14.04	₹-23.71	40.78%

Financial Results (9 Months Ended FY2024) - YoY Comparison

The company has reported total income of Rs.115.2181 crores during the 9 Months period ended December 31, 2023 as compared to Rs.156.5798 crores during the 9 Months period ended December 31, 2022.

The company has posted net profit / (loss) of Rs.-12.0832 crores for the 9 Months period ended December 31, 2023 as against net profit / (loss) of Rs.-13.1369 crores for the 9 Months period ended December 31, 2022.

The company has reported EPS of Rs.-26.06 for the 9 Months period ended December 31, 2023 as compared to Rs.-28.33 for the 9 Months period ended December 31, 2022.

Financials	9 Months Ended FY2024	9 Months Ended FY2023	% Change
Total Income	₹115.2181 crs	₹156.5798 crs	-26.42%
Net Profit	₹-12.0832 crs	₹-13.1369 crs	8.02%
EPS	₹-26.06	₹-28.33	8.01%

Shares of JK Agri Genetics Ltd was last trading in BSE at Rs. 418.20 as compared to the previous close of Rs. 418.30. The total number of shares traded during the day was 189 in over 12 trades.

The stock hit an intraday high of Rs. 418.30 and intraday low of 414.90. The net turnover during the day was Rs. 78702.00.

Source : Equity Bulls

Keywords

JKAgriGenetics Q3FY24 9MFY24 ResultUpdate