Solitaire Machine Tools Ltd Q1 FY2024 net profit at Rs. 37.74 lakhs

SOLITAIRE MACHINE TOOLS 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. 2.0379 crores during the period ended June 30, 2023 as compared to Rs. 8.2508 crores during the period ended March 31, 2023.

The company has posted net profit / (loss) of Rs. 0.3774 crores for the period ended June 30, 2023 as against net profit / (loss) of Rs. 0.6428 crores for the period ended March 31, 2023.

The company has reported EPS of Rs. 0.83 for the period ended June 30, 2023 as compared to Rs. 1.42 for the period ended March 31, 2023.

Financials	Q1 FY2024	Q4 FY2023	% Change
Total Income	₹ 2.0379 crs	₹8.2508 crs	-75.30%
Net Profit	₹0.3774 crs	₹0.6428 crs	-41.29%
EPS	₹0.83	₹1.42	-41.55%

Financial Results (Q1 FY2024) - YoY Comparison

The company has reported total income of Rs. 2.0379 crores during the period ended June 30, 2023 as compared to Rs.3.6990 crores during the period ended June 30, 2022.

The company has posted net profit / (loss) of Rs.0.3774 crores for the period ended June 30, 2023 as against net profit / (loss) of Rs.0.2697 crores for the period ended June 30, 2022.

The company has reported EPS of Rs.0.83 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	₹ 2.0379 crs	₹3.6990 crs	-44.91%
Net Profit	₹0.3774 crs	₹0.2697 crs	39.93%
EPS	₹0.83	₹0.59	40.68%

Shares of SOLITAIRE MACHINE TOOLS LTD. was last trading in BSE at Rs. 67.39 as compared to the previous close of Rs. 70.71. The total number of shares traded during the day was 18773 in over 118 trades.

The stock hit an intraday high of Rs. 71.00 and intraday low of 67.18. The net turnover during the day was Rs. 1274285.00.

Source : Equity Bulls

Keywords

SolitaireMachineTools Q1FY24 ResultUpdate