Stock Report

Grovy India Ltd Q3 FY2023-24 net profit slides to Rs. 16.54 lakhs



Posted On : 2024-02-01 00:29:36( TIMEZONE : IST )

Grovy India Ltd Q3 FY2023-24 net profit slides to Rs. 16.54 lakhs

Grovy India 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. 6.0841 crores during the period ended December 31, 2023 as compared to Rs. 5.7628 crores during the period ended September 30, 2023.

The company has posted net profit / (loss) of Rs. 0.1654 crores for the period ended December 31, 2023 as against net profit / (loss) of Rs. 0.6299 crores for the period ended September 30, 2023.

The company has reported EPS of Rs. 0.50 for the period ended December 31, 2023 as compared to Rs. 1.89 for the period ended September 30, 2023.

Financials Q3 FY2024 Q2 FY2024 % Change
Total Income ₹ 6.0841 crs ₹5.7628 crs Up Tick / Down Tick5.58%
Net Profit ₹0.1654 crs ₹0.6299 crs Up Tick / Down Tick-73.74%
EPS ₹0.50 ₹1.89 Up Tick / Down Tick-73.54%

Financial Results (Q3 FY2024) - YoY Comparison

The company has reported total income of Rs. 6.0841 crores during the period ended December 31, 2023 as compared to Rs.3.3717 crores during the period ended December 31, 2022.

The company has posted net profit / (loss) of Rs.0.1654 crores for the period ended December 31, 2023 as against net profit / (loss) of Rs.0.3484 crores for the period ended December 31, 2022.

The company has reported EPS of Rs.0.50 for the period ended December 31, 2023 as compared to Rs.1.04 for the period ended December 31, 2022.

Financials Q3 FY2024 Q3 FY2023 % Change
Total Income ₹ 6.0841 crs ₹3.3717 crs Up Tick / Down Tick80.45%
Net Profit ₹0.1654 crs ₹0.3484 crs Up Tick / Down Tick-52.53%
EPS ₹0.50 ₹1.04 Up Tick / Down Tick-51.92%

Financial Results (9 Months Ended FY2024) - YoY Comparison

The company has reported total income of Rs.16.3875 crores during the 9 Months period ended December 31, 2023 as compared to Rs.10.3525 crores during the 9 Months period ended December 31, 2022.

The company has posted net profit / (loss) of Rs.0.9610 crores for the 9 Months period ended December 31, 2023 as against net profit / (loss) of Rs.0.8130 crores for the 9 Months period ended December 31, 2022.

The company has reported EPS of Rs.2.88 for the 9 Months period ended December 31, 2023 as compared to Rs.2.44 for the 9 Months period ended December 31, 2022.

Financials 9 Months Ended FY2024 9 Months Ended FY2023 % Change
Total Income ₹16.3875 crs ₹10.3525 crs Up Tick / Down Tick58.30%
Net Profit ₹0.9610 crs ₹0.8130 crs Up Tick / Down Tick18.20%
EPS ₹2.88 ₹2.44 Up Tick / Down Tick18.03%

Shares of Grovy India Ltd was last trading in BSE at Rs. 95.40 as compared to the previous close of Rs. 95.40. The total number of shares traded during the day was 9 in over 2 trades.

The stock hit an intraday high of Rs. 95.40 and intraday low of 95.40. The net turnover during the day was Rs. 858.00.

Source : Equity Bulls

Keywords

GrovyIndia Q3FY24 9MFY24 ResultUpdate