Ganga Papers India Ltd Q1 FY2023-24 PAT at Rs. 30.57 lakhs

GANGA PAPERS INDIA 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. 62.1955 crores during the period ended June 30, 2023 as compared to Rs. 72.9322 crores during the period ended March 31, 2023.

The company has posted net profit / (loss) of Rs. 0.3057 crores for the period ended June 30, 2023 as against net profit / (loss) of Rs. 0.2306 crores for the period ended March 31, 2023.

The company has reported EPS of Rs. 0.28 for the period ended June 30, 2023 as compared to Rs. 0.21 for the period ended March 31, 2023.

Financials	Q1 FY2024	Q4 FY2023	% Change
Total Income	₹ 62.1955 crs	₹72.9322 crs	-14.72%
Net Profit	₹0.3057 crs	₹0.2306 crs	32.57%
EPS	₹0.28	₹0.21	33.33%

Financial Results (Q1 FY2024) - YoY Comparison

The company has reported total income of Rs. 62.1955 crores during the period ended June 30, 2023 as compared to Rs.86.3317 crores during the period ended June 30, 2022.

The company has posted net profit / (loss) of Rs.0.3057 crores for the period ended June 30, 2023 as against net profit / (loss) of Rs.1.3152 crores for the period ended June 30, 2022.

The company has reported EPS of Rs.0.28 for the period ended June 30, 2023 as compared to Rs.1.22 for the period ended June 30, 2022.

Financials	Q1 FY2024	Q1 FY2023	% Change
Total Income	₹ 62.1955 crs	₹86.3317 crs	-27.96%
Net Profit	₹0.3057 crs	₹1.3152 crs	-76.76%
EPS	₹0.28	₹1.22	-77.05%

Shares of GANGA PAPERS INDIA LTD. was last trading in BSE at Rs. 72.60 as compared to the previous close of Rs. 72.64. The total number of shares traded during the day was 16 in over 3 trades.

The stock hit an intraday high of Rs. 72.64 and intraday low of 69.61. The net turnover during the day was Rs. 1158.00.

Source : Equity Bulls

Keywords

GangaPapersIndia Q1FY24 ResultUpdate