Samrat Forgings Ltd Q1 FY2024 PAT climbs to Rs. 1.41 crore

Samrat Forgings 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. 43.7966 crores during the period ended June 30, 2023 as compared to Rs. 45.4375 crores during the period ended March 31, 2023.

The company has posted net profit / (loss) of Rs. 1.4144 crores for the period ended June 30, 2023 as against net profit / (loss) of Rs. 1.0738 crores for the period ended March 31, 2023.

The company has reported EPS of Rs. 2.83 for the period ended June 30, 2023 as compared to Rs. 2.15 for the period ended March 31, 2023.

Financials	Q1 FY2024	Q4 FY2023	% Change
Total Income	₹ 43.7966 crs	₹45.4375 crs	-3.61%
Net Profit	₹1.4144 crs	₹1.0738 crs	31.72%
EPS	₹2.83	₹2.15	31.63%

Financial Results (Q1 FY2024) - YoY Comparison

The company has reported total income of Rs. 43.7966 crores during the period ended June 30, 2023 as compared to Rs.43.4089 crores during the period ended June 30, 2022.

The company has posted net profit / (loss) of Rs.1.4144 crores for the period ended June 30, 2023 as against net profit / (loss) of Rs.1.0633 crores for the period ended June 30, 2022.

The company has reported EPS of Rs.2.83 for the period ended June 30, 2023 as compared to Rs.2.13 for the period ended June 30, 2022.

Financials	Q1 FY2024	Q1 FY2023	% Change
Total Income	₹ 43.7966 crs	₹43.4089 crs	0.89%
Net Profit	₹1.4144 crs	₹1.0633 crs	33.02%
EPS	₹2.83	₹2.13	32.86%

Shares of Samrat Forgings Ltd was last trading in BSE at Rs. 275.55 as compared to the previous close of Rs. 275.55. The total number of shares traded during the day was 5 in over 3 trades.

The stock hit an intraday high of Rs. 275.55 and intraday low of 275.55. The net turnover during the day was Rs. 1377.00.

Source : Equity Bulls

Keywords

SamratForgings Q1FY24 ResultUpdate