Abans Enterprises Ltd Q1FY24 consolidated net profit at Rs. 3.31 crore

Abans Enterprises Ltd 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. 281.0848 crores during the period ended June 30, 2023 as compared to Rs. 344.3855 crores during the period ended March 31, 2023.

The company has posted net profit / (loss) of Rs. 3.3150 crores for the period ended June 30, 2023 as against net profit / (loss) of Rs. 1.3074 crores for the period ended March 31, 2023.

The company has reported EPS of Rs. 2.57 for the period ended June 30, 2023 as compared to Rs. 1.03 for the period ended March 31, 2023.

Financials	Q1 FY2024	Q4 FY2023	% Change
Total Income	₹ 281.0848 crs	₹344.3855 crs	-18.38%
Net Profit	₹3.3150 crs	₹1.3074 crs	153.56%
EPS	₹2.57	₹1.03	149.51%

Financial Results (Q1 FY2024) - YoY Comparison

The company has reported total income of Rs. 281.0848 crores during the period ended June 30, 2023 as compared to Rs.498.9768 crores during the period ended June 30, 2022.

The company has posted net profit / (loss) of Rs.3.3150 crores for the period ended June 30, 2023 as against net profit / (loss) of Rs.8.7093 crores for the period ended June 30, 2022.

The company has reported EPS of Rs.2.57 for the period ended June 30, 2023 as compared to Rs.6.65 for the period ended June 30, 2022.

Financials	Q1 FY2024	Q1 FY2023	% Change
Total Income	₹ 281.0848 crs	₹498.9768 crs	-43.67%
Net Profit	₹3.3150 crs	₹8.7093 crs	-61.94%
EPS	₹2.57	₹6.65	-61.35%

Shares of Abans Enterprises Ltd was last trading in BSE at Rs. 170.60 as compared to the previous close of Rs. 178.05. The total number of shares traded during the day was 5104 in over 28 trades.

The stock hit an intraday high of Rs. 178.95 and intraday low of 170.00. The net turnover during the day was Rs. 900765.00.

Source : Equity Bulls

Keywords

AbansEnterprises Q1FY24 ResultUpdate