Stock Report

Sumeet Industries Ltd consolidated Q3FY24 loss reduces to Rs. 16.53 crores



Posted On : 2024-02-01 23:15:35( TIMEZONE : IST )

Sumeet Industries Ltd consolidated Q3FY24 loss reduces to Rs. 16.53 crores

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. 227.1310 crores during the period ended December 31, 2023 as compared to Rs. 242.0037 crores during the period ended September 30, 2023.

The company has posted net profit / (loss) of Rs. -16.5384 crores for the period ended December 31, 2023 as against net profit / (loss) of Rs. -18.9707 crores for the period ended September 30, 2023.

The company has reported EPS of Rs. -1.51 for the period ended December 31, 2023 as compared to Rs. -1.95 for the period ended September 30, 2023.

Financials Q3 FY2024 Q2 FY2024 % Change
Total Income ₹ 227.1310 crs ₹242.0037 crs Up Tick / Down Tick-6.15%
Net Profit ₹-16.5384 crs ₹-18.9707 crs Up Tick / Down Tick12.82%
EPS ₹-1.51 ₹-1.95 Up Tick / Down Tick22.56%

Financial Results (Q3 FY2024) - YoY Comparison

The company has reported total income of Rs. 227.1310 crores during the period ended December 31, 2023 as compared to Rs.264.9005 crores during the period ended December 31, 2022.

The company has posted net profit / (loss) of Rs.-16.5384 crores for the period ended December 31, 2023 as against net profit / (loss) of Rs.-25.1321 crores for the period ended December 31, 2022.

The company has reported EPS of Rs.-1.51 for the period ended December 31, 2023 as compared to Rs.-2.32 for the period ended December 31, 2022.

Financials Q3 FY2024 Q3 FY2023 % Change
Total Income ₹ 227.1310 crs ₹264.9005 crs Up Tick / Down Tick-14.26%
Net Profit ₹-16.5384 crs ₹-25.1321 crs Up Tick / Down Tick34.19%
EPS ₹-1.51 ₹-2.32 Up Tick / Down Tick34.91%

Financial Results (9 Months Ended FY2024) - YoY Comparison

The company has reported total income of Rs.714.1795 crores during the 9 Months period ended December 31, 2023 as compared to Rs.796.2786 crores during the 9 Months period ended December 31, 2022.

The company has posted net profit / (loss) of Rs.-51.2614 crores for the 9 Months period ended December 31, 2023 as against net profit / (loss) of Rs.-63.8074 crores for the 9 Months period ended December 31, 2022.

The company has reported EPS of Rs.-4.96 for the 9 Months period ended December 31, 2023 as compared to Rs.-6.30 for the 9 Months period ended December 31, 2022.

Financials 9 Months Ended FY2024 9 Months Ended FY2023 % Change
Total Income ₹714.1795 crs ₹796.2786 crs Up Tick / Down Tick-10.31%
Net Profit ₹-51.2614 crs ₹-63.8074 crs Up Tick / Down Tick19.66%
EPS ₹-4.96 ₹-6.30 Up Tick / Down Tick21.27%

Source : Equity Bulls

Keywords

SumeetIndustries Q3FY24 9MFY24 ResultUpdate