The Andhra Petrochemicals Ltd Q1 FY2023-24 net profit at Rs. 1.18 crore

ANDHRA PETROCHEMICALS 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. 196.5321 crores during the period ended June 30, 2023 as compared to Rs. 168.3789 crores during the period ended March 31, 2023.

The company has posted net profit / (loss) of Rs. 1.1840 crores for the period ended June 30, 2023 as against net profit / (loss) of Rs. 6.0247 crores for the period ended March 31, 2023.

The company has reported EPS of Rs. 0.14 for the period ended June 30, 2023 as compared to Rs. 0.71 for the period ended March 31, 2023.

Financials	Q1 FY2024	Q4 FY2023	% Change
Total Income	₹ 196.5321 crs	₹168.3789 crs	16.72%
Net Profit	₹1.1840 crs	₹6.0247 crs	-80.35%
EPS	₹0.14	₹0.71	-80.28%

Financial Results (Q1 FY2024) - YoY Comparison

The company has reported total income of Rs. 196.5321 crores during the period ended June 30, 2023 as compared to Rs.249.5369 crores during the period ended June 30, 2022.

The company has posted net profit / (loss) of Rs.1.1840 crores for the period ended June 30, 2023 as against net profit / (loss) of Rs.29.2275 crores for the period ended June 30, 2022.

The company has reported EPS of Rs.0.14 for the period ended June 30, 2023 as compared to Rs.3.44 for the period ended June 30, 2022.

Financials	Q1 FY2024	Q1 FY2023	% Change
Total Income	₹ 196.5321 crs	₹249.5369 crs	-21.24%
Net Profit	₹1.1840 crs	₹29.2275 crs	-95.95%
EPS	₹0.14	₹3.44	-95.93%

Shares of ANDHRA PETROCHEMICALS LTD. was last trading in BSE at Rs. 62.27 as compared to the previous close of Rs. 65.28. The total number of shares traded during the day was 69667 in over 719 trades.

The stock hit an intraday high of Rs. 64.75 and intraday low of 61.30. The net turnover during the day was Rs. 4419301.00.

Source : Equity Bulls

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TheAndhraPetrochemicals Q1FY24 ResultUpdate