Stock Report

Kaveri Seed Company Ltd reports consolidated PAT of Rs. 11.77 crore in Q3 FY24

Posted On : 2024-02-03 20:07:05( TIMEZONE : IST )

Kaveri Seed Company 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. 155.6786 crores during the period ended December 31, 2023 as compared to Rs. 184.8306 crores during the period ended September 30, 2023.

The company has posted net profit / (loss) of Rs. 11.7792 crores for the period ended December 31, 2023 as against net profit / (loss) of Rs. 13.7168 crores for the period ended September 30, 2023.

The company has reported EPS of Rs. 2.52 for the period ended December 31, 2023 as compared to Rs. 2.65 for the period ended September 30, 2023.

Financials	Q3 FY2024	Q2 FY2024	% Change
Total Income	₹ 155.6786 crs	₹184.8306 crs	-15.77%
Net Profit	₹11.7792 crs	₹13.7168 crs	-14.13%
EPS	₹2.52	₹2.65	-4.91%

Financial Results (Q3 FY2024) - YoY Comparison

The company has reported total income of Rs. 155.6786 crores during the period ended December 31, 2023 as compared to Rs.175.9831 crores during the period ended December 31, 2022.

The company has posted net profit / (loss) of Rs.11.7792 crores for the period ended December 31, 2023 as against net profit / (loss) of Rs.38.0932 crores for the period ended December 31, 2022.

The company has reported EPS of Rs.2.52 for the period ended December 31, 2023 as compared to Rs.7.42 for the period ended December 31, 2022.

Financials	Q3 FY2024	Q3 FY2023	% Change
Total Income	₹ 155.6786 crs	₹175.9831 crs	-11.54%
Net Profit	₹11.7792 crs	₹38.0932 crs	-69.08%
EPS	₹2.52	₹7.42	-66.04%

Financial Results (9 Months Ended FY2024) - YoY Comparison

The company has reported total income of Rs.1088.2640 crores during the 9 Months period ended December 31, 2023 as compared to Rs.1043.6050 crores during the 9 Months period ended December 31, 2022.

The company has posted net profit / (loss) of Rs.299.0135 crores for the 9 Months period ended December 31, 2023 as against net profit / (loss) of Rs.287.2150 crores for the 9 Months period ended December 31, 2022.

The company has reported EPS of Rs.54.27 for the 9 Months period ended December 31, 2023 as compared to Rs.50.14 for the 9 Months period ended December 31, 2022.

Financials	9 Months Ended FY2024	9 Months Ended FY2023	% Change
Total Income	₹1088.2640 crs	₹1043.6050 crs	4.28%
Net Profit	₹299.0135 crs	₹287.2150 crs	4.11%
EPS	₹54.27	₹50.14	8.24%

Shares of Kaveri Seed Company Limited was last trading in BSE at Rs. 673.95 as compared to the previous close of Rs. 715.45. The total number of shares traded during the day was 55519 in over 3472 trades.

The stock hit an intraday high of Rs. 728.65 and intraday low of 664.25. The net turnover during the day was Rs. 38540108.00.