Enkei Wheels India Ltd Q1 CY2024 PAT climbs to Rs. 8.87 crores

ENKEI WHEELS (INDIA) LTD. has reported Standalone financial results for the period ended March 31, 2024.

Financial Results (Q1 CY2024) - QoQ Comparison

The company has reported total income of Rs. 228.141 crores during the period ended March 31, 2024 as compared to Rs. 200.748 crores during the period ended December 31, 2023.

The company has posted net profit / (loss) of Rs. 8.87 crores for the period ended March 31, 2024 as against net profit / (loss) of Rs. 2.11 crores for the period ended December 31, 2023.

The company has reported EPS of Rs. 4.93 for the period ended March 31, 2024 as compared to Rs. 1.17 for the period ended December 31, 2023.

Financials	Q1 CY2024	Q4 CY2023	% Change
Total Income	₹ 228.141 crs	₹200.748 crs	13.65%
Net Profit	₹8.87 crs	₹2.11 crs	320.38%
EPS	₹4.93	₹1.17	321.37%

Financial Results (Q1 CY2024) - YoY Comparison

The company has reported total income of Rs. 228.141 crores during the period ended March 31, 2024 as compared to Rs.134.442 crores during the period ended March 31, 2023.

The company has posted net profit / (loss) of Rs.8.87 crores for the period ended March 31, 2024 as against net profit / (loss) of Rs.-4.401 crores for the period ended March 31, 2023.

The company has reported EPS of Rs.4.93 for the period ended March 31, 2024 as compared to Rs.-2.45 for the period ended March 31, 2023.

Financials	Q1 CY2024	Q1 CY2023	% Change
Total Income	₹ 228.141 crs	₹134.442 crs	69.69%
Net Profit	₹8.87 crs	₹-4.401 crs	301.55%
EPS	₹4.93	₹-2.45	301.22%

Shares of ENKEI WHEELS (INDIA) LTD. was last trading in BSE at Rs. 645.85 as compared to the previous close of Rs. 632.95. The total number of shares traded during the day was 11876 in over 428 trades.

The stock hit an intraday high of Rs. 657.00 and intraday low of 620.00. The net turnover during the day was Rs. 7618581.00.

Source : Equity Bulls

Keywords

EnkeiWheelsIndia Q1CY2024 ResultUpdate