Surbhi Industries Ltd Q1 FY24 loss slides to Rs. 1.30 crore

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. 3.66274 crores during the period ended June 30, 2023 as compared to Rs. 8.29998 crores during the period ended March 31, 2023.

The company has posted net profit / (loss) of Rs. -1.30238 crores for the period ended June 30, 2023 as against net profit / (loss) of Rs. 0.07416 crores for the period ended March 31, 2023.

The company has reported EPS of Rs. -3.79 for the period ended June 30, 2023 as compared to Rs. 0.22 for the period ended March 31, 2023.

Financials	Q1 FY2024	Q4 FY2023	% Change
Total Income	₹ 3.66274 crs	₹8.29998 crs	-55.87%
Net Profit	₹-1.30238 crs	₹0.07416 crs	-1,856.18%
EPS	₹-3.79	₹0.22	-1,822.73%

Financial Results (Q1 FY2024) - YoY Comparison

The company has reported total income of Rs. 3.66274 crores during the period ended June 30, 2023 as compared to Rs.7.41323 crores during the period ended June 30, 2022.

The company has posted net profit / (loss) of Rs.-1.30238 crores for the period ended June 30, 2023 as against net profit / (loss) of Rs.0.31476 crores for the period ended June 30, 2022.

The company has reported EPS of Rs.-3.79 for the period ended June 30, 2023 as compared to Rs.0.92 for the period ended June 30, 2022.

Financials	Q1 FY2024	Q1 FY2023	% Change
Total Income	₹ 3.66274 crs	₹7.41323 crs	-50.59%
Net Profit	₹-1.30238 crs	₹0.31476 crs	-513.77%
EPS	₹-3.79	₹0.92	-511.96%

Source : Equity Bulls

Keywords

SurbhiIndustries Q1FY24 ResultUpdate