Amforge Industries Ltd Q1 FY2024 net profit at Rs. 2.91 lakhs

AMFORGE INDUSTRIES 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. 0.5049 crores during the period ended June 30, 2023 as compared to Rs. 0.7806 crores during the period ended March 31, 2023.

The company has posted net profit / (loss) of Rs. 0.0291 crores for the period ended June 30, 2023 as against net profit / (loss) of Rs. 0.2785 crores for the period ended March 31, 2023.

The company has reported EPS of Rs. 0.02 for the period ended June 30, 2023 as compared to Rs. 0.19 for the period ended March 31, 2023.

Financials	Q1 FY2024	Q4 FY2023	% Change
Total Income	₹ 0.5049 crs	₹0.7806 crs	-35.32%
Net Profit	₹0.0291 crs	₹0.2785 crs	-89.55%
EPS	₹0.02	₹0.19	-89.47%

Financial Results (Q1 FY2024) - YoY Comparison

The company has reported total income of Rs. 0.5049 crores during the period ended June 30, 2023 as compared to Rs.0.6573 crores during the period ended June 30, 2022.

The company has posted net profit / (loss) of Rs.0.0291 crores for the period ended June 30, 2023 as against net profit / (loss) of Rs.0.0441 crores for the period ended June 30, 2022.

The company has reported EPS of Rs.0.02 for the period ended June 30, 2023 as compared to Rs.0.03 for the period ended June 30, 2022.

Financials	Q1 FY2024	Q1 FY2023	% Change
Total Income	₹ 0.5049 crs	₹0.6573 crs	-23.19%
Net Profit	₹0.0291 crs	₹0.0441 crs	-34.01%
EPS	₹0.02	₹0.03	-33.33%

Shares of AMFORGE INDUSTRIES LTD. was last trading in BSE at Rs. 6.11 as compared to the previous close of Rs. 6.39. The total number of shares traded during the day was 15929 in over 103 trades.

The stock hit an intraday high of Rs. 6.50 and intraday low of 6.00. The net turnover during the day was Rs. 98563.00.

Source : Equity Bulls

Keywords

AmforgeIndustries Q1FY24 ResultUpdate