HB Estate Developers Ltd consolidated Q1 FY2024 loss at Rs. 1.20 crore

HB ESTATE DEVELOPERS 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. 24.1529 crores during the period ended June 30, 2023 as compared to Rs. 29.6759 crores during the period ended March 31, 2023.

The company has posted net profit / (loss) of Rs. -1.2095 crores for the period ended June 30, 2023 as against net profit / (loss) of Rs. -11.4166 crores for the period ended March 31, 2023.

The company has reported EPS of Rs. -0.62 for the period ended June 30, 2023 as compared to Rs. -5.87 for the period ended March 31, 2023.

Financials	Q1 FY2024	Q4 FY2023	% Change
Total Income	₹ 24.1529 crs	₹29.6759 crs	-18.61%
Net Profit	₹-1.2095 crs	₹-11.4166 crs	89.41%
EPS	₹-0.62	₹-5.87	89.44%

Financial Results (Q1 FY2024) - YoY Comparison

The company has reported total income of Rs. 24.1529 crores during the period ended June 30, 2023 as compared to Rs.19.7333 crores during the period ended June 30, 2022.

The company has posted net profit / (loss) of Rs.-1.2095 crores for the period ended June 30, 2023 as against net profit / (loss) of Rs.-1.2823 crores for the period ended June 30, 2022.

The company has reported EPS of Rs.-0.62 for the period ended June 30, 2023 as compared to Rs.-0.66 for the period ended June 30, 2022.

Financials	Q1 FY2024	Q1 FY2023	% Change
Total Income	₹ 24.1529 crs	₹19.7333 crs	22.40%
Net Profit	₹-1.2095 crs	₹-1.2823 crs	5.68%
EPS	₹-0.62	₹-0.66	6.06%

Shares of HB ESTATE DEVELOPERS LTD. was last trading in BSE at Rs. 34.58 as compared to the previous close of Rs. 33.92. The total number of shares traded during the day was 5032 in over 48 trades.

The stock hit an intraday high of Rs. 37.00 and intraday low of 33.00. The net turnover during the day was Rs. 170248.00.

Source : Equity Bulls

Keywords

HBEstateDevelopers Q1FY24 ResultUpdate