Suryaamba Spinning Mills Ltd Q1 FY2023-24 net profit up QOQ at Rs. 80.80 lakhs

SURYAAMBA SPINNING 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. 59.2173 crores during the period ended June 30, 2023 as compared to Rs. 67.4736 crores during the period ended March 31, 2023.

The company has posted net profit / (loss) of Rs. 0.8080 crores for the period ended June 30, 2023 as against net profit / (loss) of Rs. 0.5480 crores for the period ended March 31, 2023.

The company has reported EPS of Rs. 2.76 for the period ended June 30, 2023 as compared to Rs. 1.87 for the period ended March 31, 2023.

Financials	Q1 FY2024	Q4 FY2023	% Change
Total Income	₹ 59.2173 crs	₹67.4736 crs	-12.24%
Net Profit	₹0.8080 crs	₹0.5480 crs	47.45%
EPS	₹2.76	₹1.87	47.59%

Financial Results (Q1 FY2024) - YoY Comparison

The company has reported total income of Rs. 59.2173 crores during the period ended June 30, 2023 as compared to Rs.60.5177 crores during the period ended June 30, 2022.

The company has posted net profit / (loss) of Rs.0.8080 crores for the period ended June 30, 2023 as against net profit / (loss) of Rs.3.9344 crores for the period ended June 30, 2022.

The company has reported EPS of Rs.2.76 for the period ended June 30, 2023 as compared to Rs.13.42 for the period ended June 30, 2022.

Financials	Q1 FY2024	Q1 FY2023	% Change
Total Income	₹ 59.2173 crs	₹60.5177 crs	-2.15%
Net Profit	₹0.8080 crs	₹3.9344 crs	-79.46%
EPS	₹2.76	₹13.42	-79.43%

Shares of SURYAAMBA SPINNING MILLS LTD. was last trading in BSE at Rs. 185.25 as compared to the previous close of Rs. 194.00. The total number of shares traded during the day was 407 in over 16 trades.

The stock hit an intraday high of Rs. 193.95 and intraday low of 184.50. The net turnover during the day was Rs. 76315.00.

Source : Equity Bulls

Keywords

SuryaambaSpinningMills Q1FY24 ResultUpdate