Gujarat Containers Ltd Q3 FY24 PAT drops QoQ to Rs. 2.17 crore

GUJARAT CONTAINERS 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. 37.7259 crores during the period ended December 31, 2023 as compared to Rs. 35.6982 crores during the period ended September 30, 2023.

The company has posted net profit / (loss) of Rs. 2.1711 crores for the period ended December 31, 2023 as against net profit / (loss) of Rs. 2.5741 crores for the period ended September 30, 2023.

The company has reported EPS of Rs. 3.84 for the period ended December 31, 2023 as compared to Rs. 4.56 for the period ended September 30, 2023.

Financials	Q3 FY2024	Q2 FY2024	% Change
Total Income	₹ 37.7259 crs	₹35.6982 crs	5.68%
Net Profit	₹2.1711 crs	₹2.5741 crs	-15.66%
EPS	₹3.84	₹4.56	-15.79%

Financial Results (Q3 FY2024) - YoY Comparison

The company has reported total income of Rs. 37.7259 crores during the period ended December 31, 2023 as compared to Rs.26.0463 crores during the period ended December 31, 2022.

The company has posted net profit / (loss) of Rs.2.1711 crores for the period ended December 31, 2023 as against net profit / (loss) of Rs.1.9892 crores for the period ended December 31, 2022.

The company has reported EPS of Rs.3.84 for the period ended December 31, 2023 as compared to Rs.3.52 for the period ended December 31, 2022.

Financials	Q3 FY2024	Q3 FY2023	% Change
Total Income	₹ 37.7259 crs	₹26.0463 crs	44.84%
Net Profit	₹2.1711 crs	₹1.9892 crs	9.14%
EPS	₹3.84	₹3.52	9.09%

Financial Results (9 Months Ended FY2024) - YoY Comparison

The company has reported total income of Rs.105.3474 crores during the 9 Months period ended December 31, 2023 as compared to Rs.103.9069 crores during the 9 Months period ended December 31, 2022.

The company has posted net profit / (loss) of Rs.7.0153 crores for the 9 Months period ended December 31, 2023 as against net profit / (loss) of Rs.8.6806 crores for the 9 Months period ended December 31, 2022.

The company has reported EPS of Rs.12.42 for the 9 Months period ended December 31, 2023 as compared to Rs.15.38 for the 9 Months period ended December 31, 2022.

Financials	9 Months Ended FY2024	9 Months Ended FY2023	% Change
Total Income	₹105.3474 crs	₹103.9069 crs	1.39%
Net Profit	₹7.0153 crs	₹8.6806 crs	-19.18%
EPS	₹12.42	₹15.38	-19.25%

Shares of GUJARAT CONTAINERS LTD. was last trading in BSE at Rs. 173.25 as compared to the previous close of Rs. 165.00. The total number of shares traded during the day was 1900 in over 17 trades.

The stock hit an intraday high of Rs. 173.25 and intraday low of 165.05. The net turnover during the day was Rs. 324190.00.

Source : Equity Bulls

Keywords

GujaratContainers Q3FY24 9MFY24 ResultUpdate