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Elecon Engineering Company Ltd consolidated Q2 FY2023-24 net profit up at Rs. 103.65 crores



Posted On : 2024-04-20 21:56:49( TIMEZONE : IST )

Elecon Engineering Company Ltd consolidated Q2 FY2023-24 net profit up at Rs. 103.65 crores

Elecon Engineering Company Limited has reported Consolidated financial results for the period ended March 31, 2024.

Financial Results (Q4 FY2024) - QoQ Comparison

The company has reported total income of Rs. 577.66 crores during the period ended March 31, 2024 as compared to Rs. 483.54 crores during the period ended December 31, 2023.

The company has posted net profit / (loss) of Rs. 103.65 crores for the period ended March 31, 2024 as against net profit / (loss) of Rs. 90.40 crores for the period ended December 31, 2023.

The company has reported EPS of Rs. 9.24 for the period ended March 31, 2024 as compared to Rs. 8.06 for the period ended December 31, 2023.

Financials Q4 FY2024 Q3 FY2024 % Change
Total Income ₹ 577.66 crs ₹483.54 crs Up Tick / Down Tick19.46%
Net Profit ₹103.65 crs ₹90.40 crs Up Tick / Down Tick14.66%
EPS ₹9.24 ₹8.06 Up Tick / Down Tick14.64%

Financial Results (Q4 FY2024) - YoY Comparison

The company has reported total income of Rs. 577.66 crores during the period ended March 31, 2024 as compared to Rs.432.35 crores during the period ended March 31, 2023.

The company has posted net profit / (loss) of Rs.103.65 crores for the period ended March 31, 2024 as against net profit / (loss) of Rs.67.94 crores for the period ended March 31, 2023.

The company has reported EPS of Rs.9.24 for the period ended March 31, 2024 as compared to Rs.6.06 for the period ended March 31, 2023.

Financials Q4 FY2024 Q4 FY2023 % Change
Total Income ₹ 577.66 crs ₹432.35 crs Up Tick / Down Tick33.61%
Net Profit ₹103.65 crs ₹67.94 crs Up Tick / Down Tick52.56%
EPS ₹9.24 ₹6.06 Up Tick / Down Tick52.48%

Financial Results (Year Ended FY2024) - YoY Comparison

The company has reported total income of Rs.1981.48 crores during the Financial Year ended March 31, 2024 as compared to Rs.1549.74 crores during the Financial Year ended March 31, 2023.

The company has posted net profit / (loss) of Rs.355.58 crores for the Financial Year ended March 31, 2024 as against net profit / (loss) of Rs.237.51 crores for the Financial Year ended March 31, 2023.

The company has reported EPS of Rs.31.69 for the Financial Year ended March 31, 2024 as compared to Rs.21.17 for the Financial Year ended March 31, 2023.

Financials Year Ended FY2024 Year Ended FY2023 % Change
Total Income ₹1981.48 crs ₹1549.74 crs Up Tick / Down Tick27.86%
Net Profit ₹355.58 crs ₹237.51 crs Up Tick / Down Tick49.71%
EPS ₹31.69 ₹21.17 Up Tick / Down Tick49.69%

Shares of Elecon Engineering Company Limited was last trading in BSE at Rs. 1166.60 as compared to the previous close of Rs. 1061.65. The total number of shares traded during the day was 235729 in over 14751 trades.

The stock hit an intraday high of Rs. 1197.55 and intraday low of 1029.95. The net turnover during the day was Rs. 266963316.00.

Source : Equity Bulls

Keywords

EleconEngineeringCompany Q4FY24 FY2024 ResultUpdate