Stock Report

Axtel Industries Ltd posts Rs. 5.31 crores net profit in Q4 FY2024



Posted On : 2024-05-04 22:37:11( TIMEZONE : IST )

Axtel Industries Ltd posts Rs. 5.31 crores net profit in Q4 FY2024

AXTEL INDUSTRIES LTD. has reported Standalone financial results for the period ended March 31, 2024.

Financial Results (Q4 FY2024) - QoQ Comparison

The company has reported total income of Rs. 52.7592 crores during the period ended March 31, 2024 as compared to Rs. 54.5481 crores during the period ended December 31, 2023.

The company has posted net profit / (loss) of Rs. 5.3119 crores for the period ended March 31, 2024 as against net profit / (loss) of Rs. 9.5797 crores for the period ended December 31, 2023.

The company has reported EPS of Rs. 3.29 for the period ended March 31, 2024 as compared to Rs. 5.93 for the period ended December 31, 2023.

Financials Q4 FY2024 Q3 FY2024 % Change
Total Income ₹ 52.7592 crs ₹54.5481 crs Up Tick / Down Tick-3.28%
Net Profit ₹5.3119 crs ₹9.5797 crs Up Tick / Down Tick-44.55%
EPS ₹3.29 ₹5.93 Up Tick / Down Tick-44.52%

Financial Results (Q4 FY2024) - YoY Comparison

The company has reported total income of Rs. 52.7592 crores during the period ended March 31, 2024 as compared to Rs.69.5958 crores during the period ended March 31, 2023.

The company has posted net profit / (loss) of Rs.5.3119 crores for the period ended March 31, 2024 as against net profit / (loss) of Rs.11.0868 crores for the period ended March 31, 2023.

The company has reported EPS of Rs.3.29 for the period ended March 31, 2024 as compared to Rs.6.86 for the period ended March 31, 2023.

Financials Q4 FY2024 Q4 FY2023 % Change
Total Income ₹ 52.7592 crs ₹69.5958 crs Up Tick / Down Tick-24.19%
Net Profit ₹5.3119 crs ₹11.0868 crs Up Tick / Down Tick-52.09%
EPS ₹3.29 ₹6.86 Up Tick / Down Tick-52.04%

Financial Results (Year Ended FY2024) - YoY Comparison

The company has reported total income of Rs.226.5261 crores during the Financial Year ended March 31, 2024 as compared to Rs.183.8205 crores during the Financial Year ended March 31, 2023.

The company has posted net profit / (loss) of Rs.32.1334 crores for the Financial Year ended March 31, 2024 as against net profit / (loss) of Rs.17.3028 crores for the Financial Year ended March 31, 2023.

The company has reported EPS of Rs.19.89 for the Financial Year ended March 31, 2024 as compared to Rs.10.71 for the Financial Year ended March 31, 2023.

Financials Year Ended FY2024 Year Ended FY2023 % Change
Total Income ₹226.5261 crs ₹183.8205 crs Up Tick / Down Tick23.23%
Net Profit ₹32.1334 crs ₹17.3028 crs Up Tick / Down Tick85.71%
EPS ₹19.89 ₹10.71 Up Tick / Down Tick85.71%

Shares of AXTEL INDUSTRIES LTD. was last trading in BSE at Rs. 669.90 as compared to the previous close of Rs. 649.90. The total number of shares traded during the day was 19668 in over 415 trades.

The stock hit an intraday high of Rs. 675.50 and intraday low of 641.35. The net turnover during the day was Rs. 13017809.00.

Source : Equity Bulls

Keywords

AxtelIndustries Q4FY24 FY2024 ResultUpdate