Ram Ratna Wires Ltd Q4 FY2023-24 consolidated net profit increases to Rs. 17.60 crores

RAM RATNA WIRES LTD. 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. 806.2483 crores during the period ended March 31, 2024 as compared to Rs. 702.4308 crores during the period ended December 31, 2023.

The company has posted net profit / (loss) of Rs. 17.6007 crores for the period ended March 31, 2024 as against net profit / (loss) of Rs. 11.5294 crores for the period ended December 31, 2023.

The company has reported EPS of Rs. 4 for the period ended March 31, 2024 as compared to Rs. 2.62 for the period ended December 31, 2023.

Financials	Q4 FY2024	Q3 FY2024	% Change
Total Income	₹ 806.2483 crs	₹702.4308 crs	14.78%
Net Profit	₹17.6007 crs	₹11.5294 crs	52.66%
EPS	₹4	₹2.62	52.67%

Financial Results (Q4 FY2024) - YoY Comparison

The company has reported total income of Rs. 806.2483 crores during the period ended March 31, 2024 as compared to Rs.727.8030 crores during the period ended March 31, 2023.

The company has posted net profit / (loss) of Rs.17.6007 crores for the period ended March 31, 2024 as against net profit / (loss) of Rs.15.0631 crores for the period ended March 31, 2023.

The company has reported EPS of Rs.4 for the period ended March 31, 2024 as compared to Rs.3.42 for the period ended March 31, 2023.

Financials	Q4 FY2024	Q4 FY2023	% Change
Total Income	₹ 806.2483 crs	₹727.8030 crs	10.78%
Net Profit	₹17.6007 crs	₹15.0631 crs	16.85%
EPS	₹4	₹3.42	16.96%

Financial Results (Year Ended FY2024) - YoY Comparison

The company has reported total income of Rs.2998.2534 crores during the Financial Year ended March 31, 2024 as compared to Rs.2656.5140 crores during the Financial Year ended March 31, 2023.

The company has posted net profit / (loss) of Rs.52.2615 crores for the Financial Year ended March 31, 2024 as against net profit / (loss) of Rs.44.8922 crores for the Financial Year ended March 31, 2023.

The company has reported EPS of Rs.11.88 for the Financial Year ended March 31, 2024 as compared to Rs.10.20 for the Financial Year ended March 31, 2023.

Financials	Year Ended FY2024	Year Ended FY2023	% Change
Total Income	₹2998.2534 crs	₹2656.5140 crs	12.86%
Net Profit	₹52.2615 crs	₹44.8922 crs	16.42%
EPS	₹11.88	₹10.20	16.47%

Shares of RAM RATNA WIRES LTD. was last trading in BSE at Rs. 384.60 as compared to the previous close of Rs. 386.70. The total number of shares traded during the day was 10162 in over 807 trades.

The stock hit an intraday high of Rs. 402.50 and intraday low of 378.15. The net turnover during the day was Rs. 4020122.00.

Source : Equity Bulls

Keywords

RamRatnaWires Q4FY24 FY2024 ResultUpdate