Shilchar Technologies Ltd Q3FY24 net profit climbs to Rs. 26.09 crores

SHILCHAR TECHNOLOGIES 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. 121.1201 crores during the period ended December 31, 2023 as compared to Rs. 109.9038 crores during the period ended September 30, 2023.

The company has posted net profit / (loss) of Rs. 26.0941 crores for the period ended December 31, 2023 as against net profit / (loss) of Rs. 24.3953 crores for the period ended September 30, 2023.

The company has reported EPS of Rs. 34.21 for the period ended December 31, 2023 as compared to Rs. 31.99 for the period ended September 30, 2023.

Financials	Q3 FY2024	Q2 FY2024	% Change
Total Income	₹ 121.1201 crs	₹109.9038 crs	10.21%
Net Profit	₹26.0941 crs	₹24.3953 crs	6.96%
EPS	₹34.21	₹31.99	6.94%

Financial Results (Q3 FY2024) - YoY Comparison

The company has reported total income of Rs. 121.1201 crores during the period ended December 31, 2023 as compared to Rs.70.3927 crores during the period ended December 31, 2022.

The company has posted net profit / (loss) of Rs.26.0941 crores for the period ended December 31, 2023 as against net profit / (loss) of Rs.11.8934 crores for the period ended December 31, 2022.

The company has reported EPS of Rs.34.21 for the period ended December 31, 2023 as compared to Rs.31.19 for the period ended December 31, 2022.

Financials	Q3 FY2024	Q3 FY2023	% Change
Total Income	₹ 121.1201 crs	₹70.3927 crs	72.06%
Net Profit	₹26.0941 crs	₹11.8934 crs	119.40%
EPS	₹34.21	₹31.19	9.68%

Financial Results (9 Months Ended FY2024) - YoY Comparison

The company has reported total income of Rs.300.8119 crores during the 9 Months period ended December 31, 2023 as compared to Rs.191.9051 crores during the 9 Months period ended December 31, 2022.

The company has posted net profit / (loss) of Rs.66.87 crores for the 9 Months period ended December 31, 2023 as against net profit / (loss) of Rs.26.8455 crores for the 9 Months period ended December 31, 2022.

The company has reported EPS of Rs.87.68 for the 9 Months period ended December 31, 2023 as compared to Rs.70.40 for the 9 Months period ended December 31, 2022.

Financials	9 Months Ended FY2024	9 Months Ended FY2023	% Change
Total Income	₹300.8119 crs	₹191.9051 crs	56.75%
Net Profit	₹66.87 crs	₹26.8455 crs	149.09%
EPS	₹87.68	₹70.40	24.55%

Shares of SHILCHAR TECHNOLOGIES LTD. was last trading in BSE at Rs. 3786.80 as compared to the previous close of Rs. 3606.50. The total number of shares traded during the day was 28627 in over 2924 trades.

The stock hit an intraday high of Rs. 3786.80 and intraday low of 3500.00. The net turnover during the day was Rs. 106217598.00.

Source : Equity Bulls

Keywords

ShilcharTechnologies Q3FY24 9MFY24 ResultUpdate