Stove Kraft Ltd Q1 FY2023-24 net profit up at Rs. 8.19 crore

Stove Kraft 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. 299.366 crores during the period ended June 30, 2023 as compared to Rs. 279.783 crores during the period ended March 31, 2023.

The company has posted net profit / (loss) of Rs. 8.198 crores for the period ended June 30, 2023 as against net profit / (loss) of Rs. -6.002 crores for the period ended March 31, 2023.

The company has reported EPS of Rs. 2.48 for the period ended June 30, 2023 as compared to Rs. -1.82 for the period ended March 31, 2023.

Financials	Q1 FY2024	Q4 FY2023	% Change
Total Income	₹ 299.366 crs	₹279.783 crs	7.00%
Net Profit	₹8.198 crs	₹-6.002 crs	236.59%
EPS	₹2.48	₹-1.82	236.26%

Financial Results (Q1 FY2024) - YoY Comparison

The company has reported total income of Rs. 299.366 crores during the period ended June 30, 2023 as compared to Rs.273.602 crores during the period ended June 30, 2022.

The company has posted net profit / (loss) of Rs.8.198 crores for the period ended June 30, 2023 as against net profit / (loss) of Rs.8.079 crores for the period ended June 30, 2022.

The company has reported EPS of Rs.2.48 for the period ended June 30, 2023 as compared to Rs.2.44 for the period ended June 30, 2022.

Financials	Q1 FY2024	Q1 FY2023	% Change
Total Income	₹ 299.366 crs	₹273.602 crs	9.42%
Net Profit	₹8.198 crs	₹8.079 crs	1.47%
EPS	₹2.48	₹2.44	1.64%

Shares of Stove Kraft Limited was last trading in BSE at Rs. 470.50 as compared to the previous close of Rs. 480.05. The total number of shares traded during the day was 22030 in over 1471 trades.

The stock hit an intraday high of Rs. 482.00 and intraday low of 464.70. The net turnover during the day was Rs. 10380666.00.

Source : Equity Bulls

Keywords

StoveKraft Q1FY24 ResultUpdate