Balrampur Chini Mills Ltd Q1 FY24 consolidated net profit increases QoQ to Rs. 73.50 crores

Balrampur Chini Mills Limited has reported Consolidated financial results for the period ended June 30, 2023.

Financial Results (Q1 FY2024) - YoY Comparison

The company has reported total income of Rs. 1401.8168 crores during the period ended June 30, 2023 as compared to Rs. 1507.8351 crores during the period ended June 30, 2022.

The company has posted net profit / (loss) of Rs. 73.5051 crores for the period ended June 30, 2023 as against net profit / (loss) of Rs. 254.4468 crores for the period ended June 30, 2022.

The company has reported EPS of Rs. 3.64 for the period ended June 30, 2023 as compared to Rs. 12.51 for the period ended June 30, 2022.

Financials	Q1 FY2024	Q1 FY2023	% Change
Total Income	₹ 1401.8168 crs	₹1507.8351 crs	-7.03%
Net Profit	₹73.5051 crs	₹254.4468 crs	-71.11%
EPS	₹3.64	₹12.51	-70.90%

Financial Results (Q1 FY2024) - QoQ Comparison

The company has reported total income of Rs. 1401.8168 crores during the period ended June 30, 2023 as compared to Rs.1094.5885 crores during the period ended March 31, 2023.

The company has posted net profit / (loss) of Rs.73.5051 crores for the period ended June 30, 2023 as against net profit / (loss) of Rs.12.3804 crores for the period ended March 31, 2023.

The company has reported EPS of Rs.3.64 for the period ended June 30, 2023 as compared to Rs.0.61 for the period ended March 31, 2023.

Financials	Q1 FY2024	Q4 FY2023	% Change
Total Income	₹ 1401.8168 crs	₹1094.5885 crs	28.07%
Net Profit	₹73.5051 crs	₹12.3804 crs	493.72%
EPS	₹3.64	₹0.61	496.72%

Shares of Balrampur Chini Mills Limited was last trading in BSE at Rs. 412.85 as compared to the previous close of Rs. 409.70. The total number of shares traded during the day was 62570 in over 1743 trades.

The stock hit an intraday high of Rs. 415.45 and intraday low of 406.95. The net turnover during the day was Rs. 25690321.00.

Source : Equity Bulls

Keywords

BalrampurChiniMills Q1FY24 ResultUpdate