Rungta Irrigation Ltd reports PAT of Rs. 1.98 crore in Q1 FY24

RUNGTA IRRIGATION 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. 26.5864 crores during the period ended June 30, 2023 as compared to Rs. 45.3264 crores during the period ended March 31, 2023.

The company has posted net profit / (loss) of Rs. 1.9805 crores for the period ended June 30, 2023 as against net profit / (loss) of Rs. 1.0094 crores for the period ended March 31, 2023.

The company has reported EPS of Rs. 1.57 for the period ended June 30, 2023 as compared to Rs. 2.93 for the period ended March 31, 2023.

Financials	Q1 FY2024	Q4 FY2023	% Change
Total Income	₹ 26.5864 crs	₹45.3264 crs	-41.34%
Net Profit	₹1.9805 crs	₹1.0094 crs	96.21%
EPS	₹1.57	₹2.93	-46.42%

Financial Results (Q1 FY2024) - YoY Comparison

The company has reported total income of Rs. 26.5864 crores during the period ended June 30, 2023 as compared to Rs.21.3560 crores during the period ended June 30, 2022.

The company has posted net profit / (loss) of Rs.1.9805 crores for the period ended June 30, 2023 as against net profit / (loss) of Rs.0.4574 crores for the period ended June 30, 2022.

The company has reported EPS of Rs.1.57 for the period ended June 30, 2023 as compared to Rs.0.52 for the period ended June 30, 2022.

Financials	Q1 FY2024	Q1 FY2023	% Change
Total Income	₹ 26.5864 crs	₹21.3560 crs	24.49%
Net Profit	₹1.9805 crs	₹0.4574 crs	332.99%
EPS	₹1.57	₹0.52	201.92%

Shares of RUNGTA IRRIGATION LTD. was last trading in BSE at Rs. 48.75 as compared to the previous close of Rs. 48.74. The total number of shares traded during the day was 1268 in over 13 trades.

The stock hit an intraday high of Rs. 49.70 and intraday low of 48.74. The net turnover during the day was Rs. 62192.00.

Source : Equity Bulls

Keywords

RungtaIrrigation Q1FY24 ResultUpdate