Bright Brothers Ltd Q3 FY24 consolidated loss at Rs. 1.09 crore

BRIGHT BROTHERS LTD. 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. 56.1522 crores during the period ended December 31, 2023 as compared to Rs. 58.1715 crores during the period ended September 30, 2023.

The company has posted net profit / (loss) of Rs. -1.0920 crores for the period ended December 31, 2023 as against net profit / (loss) of Rs. -2.2131 crores for the period ended September 30, 2023.

The company has reported EPS of Rs. -1.92 for the period ended December 31, 2023 as compared to Rs. -3.90 for the period ended September 30, 2023.

Financials	Q3 FY2024	Q2 FY2024	% Change
Total Income	₹ 56.1522 crs	₹58.1715 crs	-3.47%
Net Profit	₹-1.0920 crs	₹-2.2131 crs	50.66%
EPS	₹-1.92	₹-3.90	50.77%

Financial Results (Q3 FY2024) - YoY Comparison

The company has reported total income of Rs. 56.1522 crores during the period ended December 31, 2023 as compared to Rs.42.9357 crores during the period ended December 31, 2022.

The company has posted net profit / (loss) of Rs.-1.0920 crores for the period ended December 31, 2023 as against net profit / (loss) of Rs.-2.0291 crores for the period ended December 31, 2022.

The company has reported EPS of Rs.-1.92 for the period ended December 31, 2023 as compared to Rs.-3.57 for the period ended December 31, 2022.

Financials	Q3 FY2024	Q3 FY2023	% Change
Total Income	₹ 56.1522 crs	₹42.9357 crs	30.78%
Net Profit	₹-1.0920 crs	₹-2.0291 crs	46.18%
EPS	₹-1.92	₹-3.57	46.22%

Financial Results (9 Months Ended FY2024) - YoY Comparison

The company has reported total income of Rs.180.3780 crores during the 9 Months period ended December 31, 2023 as compared to Rs.160.5532 crores during the 9 Months period ended December 31, 2022.

The company has posted net profit / (loss) of Rs.-4.5457 crores for the 9 Months period ended December 31, 2023 as against net profit / (loss) of Rs.-2.6815 crores for the 9 Months period ended December 31, 2022.

The company has reported EPS of Rs.-8 for the 9 Months period ended December 31, 2023 as compared to Rs.-4.72 for the 9 Months period ended December 31, 2022.

Financials	9 Months Ended FY2024	9 Months Ended FY2023	% Change
Total Income	₹180.3780 crs	₹160.5532 crs	12.35%
Net Profit	₹-4.5457 crs	₹-2.6815 crs	69.52%
EPS	₹-8	₹-4.72	69.49%

Shares of BRIGHT BROTHERS LTD. was last trading in BSE at Rs. 181.95 as compared to the previous close of Rs. 190.55. The total number of shares traded during the day was 35884 in over 402 trades.

The stock hit an intraday high of Rs. 199.80 and intraday low of 173.00. The net turnover during the day was Rs. 6816542.00.

Source : Equity Bulls

Keywords

BrightBrothers Q3FY24 9MFY24 ResultUpdate