Southern Latex Ltd Q1 FY2024 net profit at Rs. 0.87 lakhs

SOUTHERN LATEX LTD. has reported Standalone financial results for the period ended June 30, 2023.

Financial Results (Q1 FY2024) - QoQ Comparison

The company has reported total income of Rs. 0.06 crores during the period ended June 30, 2023 as compared to Rs. 0.3590 crores during the period ended March 31, 2023.

The company has posted net profit / (loss) of Rs. 0.0087 crores for the period ended June 30, 2023 as against net profit / (loss) of Rs. 0.1963 crores for the period ended March 31, 2023.

The company has reported EPS of Rs. 0.012 for the period ended June 30, 2023 as compared to Rs. 0.267 for the period ended March 31, 2023.

Financials	Q1 FY2024	Q4 FY2023	% Change
Total Income	₹ 0.06 crs	₹0.3590 crs	-83.29%
Net Profit	₹0.0087 crs	₹0.1963 crs	-95.57%
EPS	₹0.012	₹0.267	-95.51%

Financial Results (Q1 FY2024) - YoY Comparison

The company has reported total income of Rs. 0.06 crores during the period ended June 30, 2023 as compared to Rs.0.06 crores during the period ended June 30, 2022.

The company has posted net profit / (loss) of Rs.0.0087 crores for the period ended June 30, 2023 as against net profit / (loss) of Rs.0.0047 crores for the period ended June 30, 2022.

The company has reported EPS of Rs.0.012 for the period ended June 30, 2023 as compared to Rs.0.006 for the period ended June 30, 2022.

Financials	Q1 FY2024	Q1 FY2023	% Change
Total Income	₹ 0.06 crs	₹0.06 crs	0.00%
Net Profit	₹0.0087 crs	₹0.0047 crs	85.11%
EPS	₹0.012	₹0.006	100.00%

Shares of SOUTHERN LATEX LTD. was last trading in BSE at Rs. 17.55 as compared to the previous close of Rs. 16.72. The total number of shares traded during the day was 633 in over 8 trades.

The stock hit an intraday high of Rs. 17.55 and intraday low of 17.00. The net turnover during the day was Rs. 11036.00.

Source : Equity Bulls

Keywords

SouthernLatex Q1FY24 ResultUpdate