Majestic Auto Ltd posts Rs. 2.38 crore consolidated PAT in Q1FY24

MAJESTIC AUTO 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. 17.1350 crores during the period ended June 30, 2023 as compared to Rs. 19.0810 crores during the period ended March 31, 2023.

The company has posted net profit / (loss) of Rs. 2.3837 crores for the period ended June 30, 2023 as against net profit / (loss) of Rs. -0.7442 crores for the period ended March 31, 2023.

The company has reported EPS of Rs. 2.40 for the period ended June 30, 2023 as compared to Rs. -0.50 for the period ended March 31, 2023.

Financials	Q1 FY2024	Q4 FY2023	% Change
Total Income	₹ 17.1350 crs	₹19.0810 crs	-10.20%
Net Profit	₹2.3837 crs	₹-0.7442 crs	420.30%
EPS	₹2.40	₹-0.50	580.00%

Financial Results (Q1 FY2024) - YoY Comparison

The company has reported total income of Rs. 17.1350 crores during the period ended June 30, 2023 as compared to Rs.12.9536 crores during the period ended June 30, 2022.

The company has posted net profit / (loss) of Rs.2.3837 crores for the period ended June 30, 2023 as against net profit / (loss) of Rs.0.1747 crores for the period ended June 30, 2022.

The company has reported EPS of Rs.2.40 for the period ended June 30, 2023 as compared to Rs.0.44 for the period ended June 30, 2022.

Financials	Q1 FY2024	Q1 FY2023	% Change
Total Income	₹ 17.1350 crs	₹12.9536 crs	32.28%
Net Profit	₹2.3837 crs	₹0.1747 crs	1,264.45%
EPS	₹2.40	₹0.44	445.45%

Shares of MAJESTIC AUTO LTD. was last trading in BSE at Rs. 163.90 as compared to the previous close of Rs. 161.80. The total number of shares traded during the day was 2984 in over 54 trades.

The stock hit an intraday high of Rs. 166.80 and intraday low of 160.00. The net turnover during the day was Rs. 488166.00.

Source : Equity Bulls

Keywords

MajesticAuto Q1FY24 ResultUpdate