Laffans Petrochemicals Ltd Q3 FY24 PAT surges to Rs. 2.18 crore

LAFFANS PETROCHEMICALS 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. 6.5326 crores during the period ended December 31, 2023 as compared to Rs. 2.7971 crores during the period ended September 30, 2023.

The company has posted net profit / (loss) of Rs. 2.1837 crores for the period ended December 31, 2023 as against net profit / (loss) of Rs. 0.9073 crores for the period ended September 30, 2023.

The company has reported EPS of Rs. 2.73 for the period ended December 31, 2023 as compared to Rs. 1.13 for the period ended September 30, 2023.

Financials	Q3 FY2024	Q2 FY2024	% Change
Total Income	₹ 6.5326 crs	₹2.7971 crs	133.55%
Net Profit	₹2.1837 crs	₹0.9073 crs	140.68%
EPS	₹2.73	₹1.13	141.59%

Financial Results (Q3 FY2024) - YoY Comparison

The company has reported total income of Rs. 6.5326 crores during the period ended December 31, 2023 as compared to Rs.3.8504 crores during the period ended December 31, 2022.

The company has posted net profit / (loss) of Rs.2.1837 crores for the period ended December 31, 2023 as against net profit / (loss) of Rs.0.9106 crores for the period ended December 31, 2022.

The company has reported EPS of Rs.2.73 for the period ended December 31, 2023 as compared to Rs.1.14 for the period ended December 31, 2022.

Financials	Q3 FY2024	Q3 FY2023	% Change
Total Income	₹ 6.5326 crs	₹3.8504 crs	69.66%
Net Profit	₹2.1837 crs	₹0.9106 crs	139.81%
EPS	₹2.73	₹1.14	139.47%

Financial Results (9 Months Ended FY2024) - YoY Comparison

The company has reported total income of Rs.12.1913 crores during the 9 Months period ended December 31, 2023 as compared to Rs.18.0051 crores during the 9 Months period ended December 31, 2022.

The company has posted net profit / (loss) of Rs.5.1173 crores for the 9 Months period ended December 31, 2023 as against net profit / (loss) of Rs.-0.4024 crores for the 9 Months period ended December 31, 2022.

The company has reported EPS of Rs.6.40 for the 9 Months period ended December 31, 2023 as compared to Rs.-0.50 for the 9 Months period ended December 31, 2022.

Financials	9 Months Ended FY2024	9 Months Ended FY2023	% Change
Total Income	₹12.1913 crs	₹18.0051 crs	-32.29%
Net Profit	₹5.1173 crs	₹-0.4024 crs	1,371.69%
EPS	₹6.40	₹-0.50	1,380.00%

Shares of LAFFANS PETROCHEMICALS LTD. was last trading in BSE at Rs. 52.44 as compared to the previous close of Rs. 45.50. The total number of shares traded during the day was 211277 in over 450 trades.

The stock hit an intraday high of Rs. 53.00 and intraday low of 46.98. The net turnover during the day was Rs. 10929433.00.

Source : Equity Bulls

Keywords

LaffansPetrochemicals Q3FY24 9MFY24 ResultUpdate