Stock Report

Lorenzini Apparels Ltd Q3FY24 profit higher at Rs. 2.37 crore



Posted On : 2024-02-03 19:43:11( TIMEZONE : IST )

Lorenzini Apparels Ltd Q3FY24 profit higher at Rs. 2.37 crore

Lorenzini Apparels 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. 14.3984 crores during the period ended December 31, 2023 as compared to Rs. 18.4920 crores during the period ended September 30, 2023.

The company has posted net profit / (loss) of Rs. 2.3729 crores for the period ended December 31, 2023 as against net profit / (loss) of Rs. 1.8662 crores for the period ended September 30, 2023.

The company has reported EPS of Rs. 2.34 for the period ended December 31, 2023 as compared to Rs. 1.84 for the period ended September 30, 2023.

Financials Q3 FY2024 Q2 FY2024 % Change
Total Income ₹ 14.3984 crs ₹18.4920 crs Up Tick / Down Tick-22.14%
Net Profit ₹2.3729 crs ₹1.8662 crs Up Tick / Down Tick27.15%
EPS ₹2.34 ₹1.84 Up Tick / Down Tick27.17%

Financial Results (Q3 FY2024) - YoY Comparison

The company has reported total income of Rs. 14.3984 crores during the period ended December 31, 2023 as compared to Rs.12.2064 crores during the period ended December 31, 2022.

The company has posted net profit / (loss) of Rs.2.3729 crores for the period ended December 31, 2023 as against net profit / (loss) of Rs.0.1719 crores for the period ended December 31, 2022.

The company has reported EPS of Rs.2.34 for the period ended December 31, 2023 as compared to Rs.0.17 for the period ended December 31, 2022.

Financials Q3 FY2024 Q3 FY2023 % Change
Total Income ₹ 14.3984 crs ₹12.2064 crs Up Tick / Down Tick17.96%
Net Profit ₹2.3729 crs ₹0.1719 crs Up Tick / Down Tick1,280.40%
EPS ₹2.34 ₹0.17 Up Tick / Down Tick1,276.47%

Financial Results (9 Months Ended FY2024) - YoY Comparison

The company has reported total income of Rs.47.1415 crores during the 9 Months period ended December 31, 2023 as compared to Rs.33.5081 crores during the 9 Months period ended December 31, 2022.

The company has posted net profit / (loss) of Rs.4.9816 crores for the 9 Months period ended December 31, 2023 as against net profit / (loss) of Rs.1.9811 crores for the 9 Months period ended December 31, 2022.

The company has reported EPS of Rs.4.91 for the 9 Months period ended December 31, 2023 as compared to Rs.1.95 for the 9 Months period ended December 31, 2022.

Financials 9 Months Ended FY2024 9 Months Ended FY2023 % Change
Total Income ₹47.1415 crs ₹33.5081 crs Up Tick / Down Tick40.69%
Net Profit ₹4.9816 crs ₹1.9811 crs Up Tick / Down Tick151.46%
EPS ₹4.91 ₹1.95 Up Tick / Down Tick151.79%

Shares of Lorenzini Apparels Ltd was last trading in BSE at Rs. 431.05 as compared to the previous close of Rs. 410.55. The total number of shares traded during the day was 2136 in over 80 trades.

The stock hit an intraday high of Rs. 431.05 and intraday low of 426.00. The net turnover during the day was Rs. 919288.00.

Source : Equity Bulls

Keywords

LorenziniApparels Q3FY24 9MFY24 ResultUpdate