G G Dandekar Machine Works Ltd Q1 FY2024 consolidated loss reduces to Rs. 29.04 lakhs

G.G.DANDEKAR MACHINE WORKS LTD. 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. 0.9658 crores during the period ended June 30, 2023 as compared to Rs. 0.8235 crores during the period ended March 31, 2023.

The company has posted net profit / (loss) of Rs. -0.2904 crores for the period ended June 30, 2023 as against net profit / (loss) of Rs. -2.6648 crores for the period ended March 31, 2023.

The company has reported EPS of Rs. -0.21 for the period ended June 30, 2023 as compared to Rs. -5.82 for the period ended March 31, 2023.

Financials	Q1 FY2024	Q4 FY2023	% Change
Total Income	₹ 0.9658 crs	₹0.8235 crs	17.28%
Net Profit	₹-0.2904 crs	₹-2.6648 crs	89.10%
EPS	₹-0.21	₹-5.82	96.39%

Financial Results (Q1 FY2024) - YoY Comparison

The company has reported total income of Rs. 0.9658 crores during the period ended June 30, 2023 as compared to Rs.0.2351 crores during the period ended June 30, 2022.

The company has posted net profit / (loss) of Rs.-0.2904 crores for the period ended June 30, 2023 as against net profit / (loss) of Rs.-0.2847 crores for the period ended June 30, 2022.

The company has reported EPS of Rs.-0.21 for the period ended June 30, 2023 as compared to Rs.-1.17 for the period ended June 30, 2022.

Financials	Q1 FY2024	Q1 FY2023	% Change
Total Income	₹ 0.9658 crs	₹0.2351 crs	310.80%
Net Profit	₹-0.2904 crs	₹-0.2847 crs	2.00%
EPS	₹-0.21	₹-1.17	82.05%

Shares of G.G.DANDEKAR MACHINE WORKS LTD. was last trading in BSE at Rs. 60.39 as compared to the previous close of Rs. 59.77. The total number of shares traded during the day was 38 in over 5 trades.

The stock hit an intraday high of Rs. 60.97 and intraday low of 60.39. The net turnover during the day was Rs. 2295.00.

Source : Equity Bulls

Keywords

GGDandekarMachineWorks Q1FY24 ResultUpdate