Salzer Electronics' consolidated PAT for Q1FY24 increases QoQ to Rs. 9.93 crores

Salzer Electronics 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. 289.4079 crores during the period ended June 30, 2023 as compared to Rs. 303.0586 crores during the period ended March 31, 2023.

The company has posted net profit / (loss) of Rs. 9.9393 crores for the period ended June 30, 2023 as against net profit / (loss) of Rs. 9.6144 crores for the period ended March 31, 2023.

The company has reported EPS of Rs. 5.62 for the period ended June 30, 2023 as compared to Rs. 5.44 for the period ended March 31, 2023.

Financials	Q1 FY2024	Q4 FY2023	% Change
Total Income	₹ 289.4079 crs	₹303.0586 crs	-4.50%
Net Profit	₹9.9393 crs	₹9.6144 crs	3.38%
EPS	₹5.62	₹5.44	3.31%

Financial Results (Q1 FY2024) - YoY Comparison

The company has reported total income of Rs. 289.4079 crores during the period ended June 30, 2023 as compared to Rs.239.1284 crores during the period ended June 30, 2022.

The company has posted net profit / (loss) of Rs.9.9393 crores for the period ended June 30, 2023 as against net profit / (loss) of Rs.8.1101 crores for the period ended June 30, 2022.

The company has reported EPS of Rs.5.62 for the period ended June 30, 2023 as compared to Rs.6.03 for the period ended June 30, 2022.

Financials	Q1 FY2024	Q1 FY2023	% Change
Total Income	₹ 289.4079 crs	₹239.1284 crs	21.03%
Net Profit	₹9.9393 crs	₹8.1101 crs	22.55%
EPS	₹5.62	₹6.03	-6.80%

Shares of Salzer Electronics Limited was last trading in BSE at Rs. 350.10 as compared to the previous close of Rs. 356.90. The total number of shares traded during the day was 21224 in over 792 trades.

The stock hit an intraday high of Rs. 360.00 and intraday low of 345.75. The net turnover during the day was Rs. 7402745.00.

Source : Equity Bulls

Keywords

SalzerElectronics Q1FY24 ResultUpdate