Sheshadri Industries Ltd Q1FY24 loss at Rs. 1.09 crore

Sheshadri 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. 7.3038 crores during the period ended June 30, 2023 as compared to Rs. 8.3120 crores during the period ended March 31, 2023.

The company has posted net profit / (loss) of Rs. -1.0981 crores for the period ended June 30, 2023 as against net profit / (loss) of Rs. 1.2674 crores for the period ended March 31, 2023.

The company has reported EPS of Rs. -2.21 for the period ended June 30, 2023 as compared to Rs. 2.56 for the period ended March 31, 2023.

Financials	Q1 FY2024	Q4 FY2023	% Change
Total Income	₹ 7.3038 crs	₹8.3120 crs	-12.13%
Net Profit	₹-1.0981 crs	₹1.2674 crs	-186.64%
EPS	₹-2.21	₹2.56	-186.33%

Financial Results (Q1 FY2024) - YoY Comparison

The company has reported total income of Rs. 7.3038 crores during the period ended June 30, 2023 as compared to Rs.14.3264 crores during the period ended June 30, 2022.

The company has posted net profit / (loss) of Rs.-1.0981 crores for the period ended June 30, 2023 as against net profit / (loss) of Rs.9.8041 crores for the period ended June 30, 2022.

The company has reported EPS of Rs.-2.21 for the period ended June 30, 2023 as compared to Rs.19.77 for the period ended June 30, 2022.

Financials	Q1 FY2024	Q1 FY2023	% Change
Total Income	₹ 7.3038 crs	₹14.3264 crs	-49.02%
Net Profit	₹-1.0981 crs	₹9.8041 crs	-111.20%
EPS	₹-2.21	₹19.77	-111.18%

Shares of Sheshadri Industries Ltd was last trading in BSE at Rs. 16.75 as compared to the previous close of Rs. 17.31. The total number of shares traded during the day was 2584 in over 28 trades.

The stock hit an intraday high of Rs. 17.30 and intraday low of 16.75. The net turnover during the day was Rs. 43967.00.

Source : Equity Bulls

Keywords

SheshadriIndustries Q1FY24 ResultUpdate