Menon Pistons Ltd consolidated Q1 FY24 net profit higher at Rs. 7.73 crores

MENON PISTONS 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. 71.9735 crores during the period ended June 30, 2023 as compared to Rs. 63.1745 crores during the period ended March 31, 2023.

The company has posted net profit / (loss) of Rs. 7.7386 crores for the period ended June 30, 2023 as against net profit / (loss) of Rs. 5.4673 crores for the period ended March 31, 2023.

The company has reported EPS of Rs. 1.52 for the period ended June 30, 2023 as compared to Rs. 1.07 for the period ended March 31, 2023.

Financials	Q1 FY2024	Q4 FY2023	% Change
Total Income	₹ 71.9735 crs	₹63.1745 crs	13.93%
Net Profit	₹7.7386 crs	₹5.4673 crs	41.54%
EPS	₹1.52	₹1.07	42.06%

Financial Results (Q1 FY2024) - YoY Comparison

The company has reported total income of Rs. 71.9735 crores during the period ended June 30, 2023 as compared to Rs.59.3091 crores during the period ended June 30, 2022.

The company has posted net profit / (loss) of Rs.7.7386 crores for the period ended June 30, 2023 as against net profit / (loss) of Rs.6.0134 crores for the period ended June 30, 2022.

The company has reported EPS of Rs.1.52 for the period ended June 30, 2023 as compared to Rs.1.18 for the period ended June 30, 2022.

Financials	Q1 FY2024	Q1 FY2023	% Change
Total Income	₹ 71.9735 crs	₹59.3091 crs	21.35%
Net Profit	₹7.7386 crs	₹6.0134 crs	28.69%
EPS	₹1.52	₹1.18	28.81%

Shares of MENON PISTONS LTD. was last trading in BSE at Rs. 61.47 as compared to the previous close of Rs. 58.15. The total number of shares traded during the day was 405401 in over 1511 trades.

The stock hit an intraday high of Rs. 63.00 and intraday low of 58.15. The net turnover during the day was Rs. 24723573.00.

Source : Equity Bulls

Keywords

MenonPistons Q1FY24 ResultUpdate