Bang Overseas Ltd Q1 FY24 consolidated loss at Rs. 1.13 crore

Bang Overseas Limited 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. 30.5268 crores during the period ended June 30, 2023 as compared to Rs. 33.3536 crores during the period ended March 31, 2023.

The company has posted net profit / (loss) of Rs. -1.1386 crores for the period ended June 30, 2023 as against net profit / (loss) of Rs. 0.0101 crores for the period ended March 31, 2023.

The company has reported EPS of Rs. -0.84 for the period ended June 30, 2023 as compared to Rs. 0.01 for the period ended March 31, 2023.

Financials	Q1 FY2024	Q4 FY2023	% Change
Total Income	₹ 30.5268 crs	₹33.3536 crs	-8.48%
Net Profit	₹ -1.1386 crs	₹0.0101 crs	-11,373.27%
EPS	₹-0.84	₹0.01	-8,500.00%

Financial Results (Q1 FY2024) - YoY Comparison

The company has reported total income of Rs. 30.5268 crores during the period ended June 30, 2023 as compared to Rs.26.5964 crores during the period ended June 30, 2022.

The company has posted net profit / (loss) of Rs. -1.1386 crores for the period ended June 30, 2023 as against net profit / (loss) of Rs.1.0040 crores for the period ended June 30, 2022.

The company has reported EPS of Rs.-0.84 for the period ended June 30, 2023 as compared to Rs.0.74 for the period ended June 30, 2022.

Financials	Q1 FY2024	Q1 FY2023	% Change
Total Income	₹ 30.5268 crs	₹26.5964 crs	14.78%
Net Profit	₹ -1.1386 crs	₹1.0040 crs	-213.41%
EPS	₹-0.84	₹0.74	-213.51%

Shares of Bang Overseas Limited was last trading in BSE at Rs. 48.00 as compared to the previous close of Rs. 48.10. The total number of shares traded during the day was 11238 in over 83 trades.

The stock hit an intraday high of Rs. 49.28 and intraday low of 47.10. The net turnover during the day was Rs. 538934.00.

Source : Equity Bulls

Keywords

BangOverseas Q1FY24 ResultUpdate