Eimco Elecon India Ltd consolidated Q1FY24 PAT slides QoQ to Rs. 5.36 crores

Eimco Elecon (India) Limited has reported Consolidated financial results for the period ended June 30, 2023.

Financial Results (Q1 FY2024) - QoQ Comparison

The company has reported total income of Rs. 48.3470 crores during the period ended June 30, 2023 as compared to Rs. 66.6058 crores during the period ended March 31, 2023.

The company has posted net profit / (loss) of Rs. 5.3645 crores for the period ended June 30, 2023 as against net profit / (loss) of Rs. 9.8117 crores for the period ended March 31, 2023.

The company has reported EPS of Rs. 9.30 for the period ended June 30, 2023 as compared to Rs. 17.01 for the period ended March 31, 2023.

Financials	Q1 FY2024	Q4 FY2023	% Change
Total Income	₹48.3470 crs	₹66.6058 crs	-27.41%
Net Profit	₹5.3645 crs	₹9.8117 crs	-45.33%
EPS	₹9.30	₹17.01	-45.33%

Financial Results (Q1 FY2024) - YoY Comparison

The company has reported total income of Rs.48.3470 crores during the period ended June 30, 2023 as compared to Rs.33.6642 crores during the period ended June 30, 2022.

The company has posted net profit / (loss) of Rs.5.3645 crores for the period ended June 30, 2023 as against net profit / (loss) of Rs.-1.2970 crores for the period ended June 30, 2022.

The company has reported EPS of Rs.9.30 for the period ended June 30, 2023 as compared to Rs.-2.25 for the period ended June 30, 2022.

Financials	Q1 FY2024	Q1 FY2023	% Change
Total Income	₹48.3470 crs	₹33.6642 crs	43.62%
Net Profit	₹5.3645 crs	₹-1.2970 crs	513.61%
EPS	₹9.30	₹-2.25	513.33%

Shares of Eimco Elecon (India) Limited was last trading in BSE at Rs. 674.35 as compared to the previous close of Rs. 642.25. The total number of shares traded during the day was 2473 in over 129 trades.

The stock hit an intraday high of Rs. 674.35 and intraday low of 641.50. The net turnover during the day was Rs. 1625433.00.

Source : Equity Bulls

Keywords

EimcoEleconIndia Q1FY24 ResultUpdate