Chemfab Alkalis posts consolidated net profit of Rs. 9.50 crores in Q1 FY2024

Chemfab Alkalis Limited 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. 82.7560 crores during the period ended June 30, 2023 as compared to Rs. 74.7968 crores during the period ended March 31, 2023.

The company has posted net profit / (loss) of Rs. 9.5081 crores for the period ended June 30, 2023 as against net profit / (loss) of Rs. 15.2612 crores for the period ended March 31, 2023.

The company has reported EPS of Rs. 6.63 for the period ended June 30, 2023 as compared to Rs. 10.66 for the period ended March 31, 2023.

Financials	Q1 FY2024	Q4 FY2023	% Change
Total Income	₹ 82.7560 crs	₹74.7968 crs	10.64%
Net Profit	₹9.5081 crs	₹15.2612 crs	-37.70%
EPS	₹6.63	₹10.66	-37.80%

Financial Results (Q1 FY2024) - YoY Comparison

The company has reported total income of Rs. 82.7560 crores during the period ended June 30, 2023 as compared to Rs.98.7669 crores during the period ended June 30, 2022.

The company has posted net profit / (loss) of Rs.9.5081 crores for the period ended June 30, 2023 as against net profit / (loss) of Rs.21.3458 crores for the period ended June 30, 2022.

The company has reported EPS of Rs.6.63 for the period ended June 30, 2023 as compared to Rs.14.97 for the period ended June 30, 2022.

Financials	Q1 FY2024	Q1 FY2023	% Change
Total Income	₹ 82.7560 crs	₹98.7669 crs	-16.21%
Net Profit	₹9.5081 crs	₹21.3458 crs	-55.46%
EPS	₹6.63	₹14.97	-55.71%

Shares of Chemfab Alkalis Limited was last trading in BSE at Rs. 353.20 as compared to the previous close of Rs. 361.45. The total number of shares traded during the day was 7116 in over 522 trades.

The stock hit an intraday high of Rs. 360.75 and intraday low of 351.95. The net turnover during the day was Rs. 2537226.00.

Source : Equity Bulls

Keywords

ChemfabAlkalis Q1FY24 ResultUpdate