Stock Report

Surat Textile Mills Ltd Q1FY24 net profit at Rs. 2.74 crore

Posted On : 2023-08-11 22:47:33( TIMEZONE : IST )

SURAT TEXTILE MILLS 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. 20.3069 crores during the period ended June 30, 2023 as compared to Rs. 14.9746 crores during the period ended March 31, 2023.

The company has posted net profit / (loss) of Rs. 2.7454 crores for the period ended June 30, 2023 as against net profit / (loss) of Rs. -0.9959 crores for the period ended March 31, 2023.

The company has reported EPS of Rs. 0.12 for the period ended June 30, 2023 as compared to Rs. -0.04 for the period ended March 31, 2023.

Financials	Q1 FY2024	Q4 FY2023	% Change
Total Income	₹ 20.3069 crs	₹14.9746 crs	35.61%
Net Profit	₹2.7454 crs	₹-0.9959 crs	375.67%
EPS	₹0.12	₹-0.04	400.00%

Financial Results (Q1 FY2024) - YoY Comparison

The company has reported total income of Rs. 20.3069 crores during the period ended June 30, 2023 as compared to Rs.0.5970 crores during the period ended June 30, 2022.

The company has posted net profit / (loss) of Rs.2.7454 crores for the period ended June 30, 2023 as against net profit / (loss) of Rs.59.8050 crores for the period ended June 30, 2022.

The company has reported EPS of Rs.0.12 for the period ended June 30, 2023 as compared to Rs.2.70 for the period ended June 30, 2022.

Financials	Q1 FY2024	Q1 FY2023	% Change
Total Income	₹ 20.3069 crs	₹0.5970 crs	3,301.49%
Net Profit	₹2.7454 crs	₹59.8050 crs	-95.41%
EPS	₹0.12	₹2.70	-95.56%

Shares of SURAT TEXTILE MILLS LTD. was last trading in BSE at Rs. 8.07 as compared to the previous close of Rs. 8.10. The total number of shares traded during the day was 147543 in over 677 trades.

The stock hit an intraday high of Rs. 8.12 and intraday low of 8.00. The net turnover during the day was Rs. 1188826.00.