Stock Report

Kuantum Papers Ltd posts increase in Q1FY24 net profit to Rs. 65.13 crores

Posted On : 2023-07-26 15:21:28( TIMEZONE : IST )

Kuantum Papers Limited 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. 313.6481 crores during the period ended June 30, 2023 as compared to Rs. 343.8502 crores during the period ended March 31, 2023.

The company has posted net profit / (loss) of Rs. 65.1323 crores for the period ended June 30, 2023 as against net profit / (loss) of Rs. 65.0518 crores for the period ended March 31, 2023.

The company has reported EPS of Rs. 7.46 for the period ended June 30, 2023 as compared to Rs. 7.45 for the period ended March 31, 2023.

Financials	Q1 FY2024	Q4 FY2023	% Change
Total Income	₹ 313.6481 crs	₹343.8502 crs	-8.78%
Net Profit	₹65.1323 crs	₹65.0518 crs	0.12%
EPS	₹7.46	₹7.45	0.13%

Financial Results (Q1 FY2024) - YoY Comparison

The company has reported total income of Rs. 313.6481 crores during the period ended June 30, 2023 as compared to Rs.275.5188 crores during the period ended June 30, 2022.

The company has posted net profit / (loss) of Rs.65.1323 crores for the period ended June 30, 2023 as against net profit / (loss) of Rs.-38.8501 crores for the period ended June 30, 2022.

The company has reported EPS of Rs.7.46 for the period ended June 30, 2023 as compared to Rs.-4.45 for the period ended June 30, 2022.

Financials	Q1 FY2024	Q1 FY2023	% Change
Total Income	₹ 313.6481 crs	₹275.5188 crs	13.84%
Net Profit	₹65.1323 crs	₹-38.8501 crs	267.65%
EPS	₹7.46	₹-4.45	267.64%

Shares of Kuantum Papers Limited was last trading in BSE at Rs. 191.05 as compared to the previous close of Rs. 188.20. The total number of shares traded during the day was 30877 in over 641 trades.

The stock hit an intraday high of Rs. 192.35 and intraday low of 186.45. The net turnover during the day was Rs. 5873289.00.