Stock Report

Balaji Amines Ltd Q3 FY24 consolidated net profit rises QoQ to Rs. 49.37 crores

Posted On : 2024-02-01 00:31:16( TIMEZONE : IST )

Balaji Amines 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. 391.8208 crores during the period ended December 31, 2023 as compared to Rs. 387.3148 crores during the period ended September 30, 2023.

The company has posted net profit / (loss) of Rs. 49.3736 crores for the period ended December 31, 2023 as against net profit / (loss) of Rs. 34.7128 crores for the period ended September 30, 2023.

The company has reported EPS of Rs. 15.24 for the period ended December 31, 2023 as compared to Rs. 10.71 for the period ended September 30, 2023.

Financials	Q3 FY2024	Q2 FY2024	% Change
Total Income	₹ 391.8208 crs	₹387.3148 crs	1.16%
Net Profit	₹49.3736 crs	₹34.7128 crs	42.23%
EPS	₹15.24	₹10.71	42.30%

Financial Results (Q3 FY2024) - YoY Comparison

The company has reported total income of Rs. 391.8208 crores during the period ended December 31, 2023 as compared to Rs.588.4716 crores during the period ended December 31, 2022.

The company has posted net profit / (loss) of Rs.49.3736 crores for the period ended December 31, 2023 as against net profit / (loss) of Rs.62.5719 crores for the period ended December 31, 2022.

The company has reported EPS of Rs.15.24 for the period ended December 31, 2023 as compared to Rs.19.31 for the period ended December 31, 2022.

Financials	Q3 FY2024	Q3 FY2023	% Change
Total Income	₹ 391.8208 crs	₹588.4716 crs	-33.42%
Net Profit	₹49.3736 crs	₹62.5719 crs	-21.09%
EPS	₹15.24	₹19.31	-21.08%

Financial Results (9 Months Ended FY2024) - YoY Comparison

The company has reported total income of Rs.1248.4559 crores during the 9 Months period ended December 31, 2023 as compared to Rs.1893.7419 crores during the 9 Months period ended December 31, 2022.

The company has posted net profit / (loss) of Rs.136.8196 crores for the 9 Months period ended December 31, 2023 as against net profit / (loss) of Rs.278.1102 crores for the 9 Months period ended December 31, 2022.

The company has reported EPS of Rs.42.23 for the 9 Months period ended December 31, 2023 as compared to Rs.85.83 for the 9 Months period ended December 31, 2022.

Financials	9 Months Ended FY2024	9 Months Ended FY2023	% Change
Total Income	₹1248.4559 crs	₹1893.7419 crs	-34.07%
Net Profit	₹136.8196 crs	₹278.1102 crs	-50.80%
EPS	₹42.23	₹85.83	-50.80%

Shares of Balaji Amines Limited was last trading in BSE at Rs. 2437.20 as compared to the previous close of Rs. 2300.30. The total number of shares traded during the day was 24872 in over 3491 trades.

The stock hit an intraday high of Rs. 2485.45 and intraday low of 2281.45. The net turnover during the day was Rs. 59943309.00.