Rathi Bars Ltd Q1 FY24 PAT up at Rs. 98.58 lakhs

RATHI BARS 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. 169.9217 crores during the period ended June 30, 2023 as compared to Rs. 198.6814 crores during the period ended March 31, 2023.

The company has posted net profit / (loss) of Rs. 0.9858 crores for the period ended June 30, 2023 as against net profit / (loss) of Rs. 0.9135 crores for the period ended March 31, 2023.

The company has reported EPS of Rs. 0.60 for the period ended June 30, 2023 as compared to Rs. 0.56 for the period ended March 31, 2023.

Financials	Q1 FY2024	Q4 FY2023	% Change
Total Income	₹ 169.9217 crs	₹198.6814 crs	-14.48%
Net Profit	₹0.9858 crs	₹0.9135 crs	7.91%
EPS	₹0.60	₹0.56	7.14%

Financial Results (Q1 FY2024) - YoY Comparison

The company has reported total income of Rs. 169.9217 crores during the period ended June 30, 2023 as compared to Rs.129.0673 crores during the period ended June 30, 2022.

The company has posted net profit / (loss) of Rs.0.9858 crores for the period ended June 30, 2023 as against net profit / (loss) of Rs.0.9697 crores for the period ended June 30, 2022.

The company has reported EPS of Rs.0.60 for the period ended June 30, 2023 as compared to Rs.0.59 for the period ended June 30, 2022.

Financials	Q1 FY2024	Q1 FY2023	% Change
Total Income	₹ 169.9217 crs	₹129.0673 crs	31.65%
Net Profit	₹0.9858 crs	₹0.9697 crs	1.66%
EPS	₹0.60	₹0.59	1.69%

Shares of RATHI BARS LTD. was last trading in BSE at Rs. 25.34 as compared to the previous close of Rs. 25.49. The total number of shares traded during the day was 26889 in over 116 trades.

The stock hit an intraday high of Rs. 26.00 and intraday low of 25.00. The net turnover during the day was Rs. 679747.00.

Source : Equity Bulls

Keywords

RathiBars Q1FY24 ResultUpdate