Jyoti Resins and Adhesives Ltd Q1 FY2023-24 PAT at Rs. 15.74 crores

JYOTI RESINS & ADHESIVES 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. 61.7450 crores during the period ended June 30, 2023 as compared to Rs. 66.8296 crores during the period ended March 31, 2023.

The company has posted net profit / (loss) of Rs. 15.7439 crores for the period ended June 30, 2023 as against net profit / (loss) of Rs. 16.4064 crores for the period ended March 31, 2023.

The company has reported EPS of Rs. 13.12 for the period ended June 30, 2023 as compared to Rs. 13.67 for the period ended March 31, 2023.

Financials	Q1 FY2024	Q4 FY2023	% Change
Total Income	₹ 61.7450 crs	₹66.8296 crs	-7.61%
Net Profit	₹15.7439 crs	₹16.4064 crs	-4.04%
EPS	₹13.12	₹13.67	-4.02%

Financial Results (Q1 FY2024) - YoY Comparison

The company has reported total income of Rs. 61.7450 crores during the period ended June 30, 2023 as compared to Rs.64.1147 crores during the period ended June 30, 2022.

The company has posted net profit / (loss) of Rs.15.7439 crores for the period ended June 30, 2023 as against net profit / (loss) of Rs.9.0737 crores for the period ended June 30, 2022.

The company has reported EPS of Rs.13.12 for the period ended June 30, 2023 as compared to Rs.7.56 for the period ended June 30, 2022.

Financials	Q1 FY2024	Q1 FY2023	% Change
Total Income	₹ 61.7450 crs	₹64.1147 crs	-3.70%
Net Profit	₹15.7439 crs	₹9.0737 crs	73.51%
EPS	₹13.12	₹7.56	73.54%

Shares of JYOTI RESINS & ADHESIVES LTD. was last trading in BSE at Rs. 1503.10 as compared to the previous close of Rs. 1514.90. The total number of shares traded during the day was 64785 in over 4701 trades.

The stock hit an intraday high of Rs. 1598.70 and intraday low of 1422.00. The net turnover during the day was Rs. 99696012.00.

Source : Equity Bulls

Keywords

JyotiResinsandAdhesives Q1FY24 ResultUpdate