Oil Country Tubular Ltd Q1 FY2024 loss at Rs. 18.71 crores

Oil Country Tubular Limited 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. 0.6314 crores during the period ended June 30, 2023 as compared to Rs. 1.1828 crores during the period ended March 31, 2023.

The company has posted net profit / (loss) of Rs. -18.7141 crores for the period ended June 30, 2023 as against net profit / (loss) of Rs. -13.8473 crores for the period ended March 31, 2023.

The company has reported EPS of Rs. -4.23 for the period ended June 30, 2023 as compared to Rs. -3.13 for the period ended March 31, 2023.

Financials	Q1 FY2024	Q4 FY2023	% Change
Total Income	₹ 0.6314 crs	₹1.1828 crs	-46.62%
Net Profit	₹-18.7141 crs	₹-13.8473 crs	35.15%
EPS	₹-4.23	₹-3.13	35.14%

Financial Results (Q1 FY2024) - YoY Comparison

The company has reported total income of Rs. 0.6314 crores during the period ended June 30, 2023 as compared to Rs.0.0053 crores during the period ended June 30, 2022.

The company has posted net profit / (loss) of Rs.-18.7141 crores for the period ended June 30, 2023 as against net profit / (loss) of Rs.-14.3572 crores for the period ended June 30, 2022.

The company has reported EPS of Rs.-4.23 for the period ended June 30, 2023 as compared to Rs.-3.24 for the period ended June 30, 2022.

Financials	Q1 FY2024	Q1 FY2023	% Change
Total Income	₹ 0.6314 crs	₹0.0053 crs	11,813.21%
Net Profit	₹-18.7141 crs	₹-14.3572 crs	30.35%
EPS	₹-4.23	₹-3.24	30.56%

Shares of Oil Country Tubular Limited was last trading in BSE at Rs. 20.85 as compared to the previous close of Rs. 21.27. The total number of shares traded during the day was 10985 in over 20 trades.

The stock hit an intraday high of Rs. 21.00 and intraday low of 20.85. The net turnover during the day was Rs. 229264.00.

Source : Equity Bulls

Keywords

OilCountryTubular Q1FY24 ResultUpdate