Anik Industries Ltd reports consolidated net profit of Rs. 3.62 crore in Q1FY24

Anik Industries 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. 18.8743 crores during the period ended June 30, 2023 as compared to Rs. 17.5395 crores during the period ended March 31, 2023.

The company has posted net profit / (loss) of Rs. 3.6266 crores for the period ended June 30, 2023 as against net profit / (loss) of Rs. -0.0433 crores for the period ended March 31, 2023.

The company has reported EPS of Rs. 1.31 for the period ended June 30, 2023 as compared to Rs. -0.02 for the period ended March 31, 2023.

Financials	Q1 FY2024	Q4 FY2023	% Change
Total Income	₹ 18.8743 crs	₹17.5395 crs	7.61%
Net Profit	₹3.6266 crs	₹-0.0433 crs	8,475.52%
EPS	₹1.31	₹-0.02	6,650.00%

Financial Results (Q1 FY2024) - YoY Comparison

The company has reported total income of Rs. 18.8743 crores during the period ended June 30, 2023 as compared to Rs.55.3902 crores during the period ended June 30, 2022.

The company has posted net profit / (loss) of Rs.3.6266 crores for the period ended June 30, 2023 as against net profit / (loss) of Rs.5.6858 crores for the period ended June 30, 2022.

The company has reported EPS of Rs.1.31 for the period ended June 30, 2023 as compared to Rs.2.05 for the period ended June 30, 2022.

Financials	Q1 FY2024	Q1 FY2023	% Change
Total Income	₹ 18.8743 crs	₹55.3902 crs	-65.92%
Net Profit	₹3.6266 crs	₹5.6858 crs	-36.22%
EPS	₹1.31	₹2.05	-36.10%

Shares of Anik Industries Limited was last trading in BSE at Rs. 38.88 as compared to the previous close of Rs. 40.81. The total number of shares traded during the day was 7074 in over 129 trades.

The stock hit an intraday high of Rs. 41.70 and intraday low of 38.60. The net turnover during the day was Rs. 281158.00.

Source : Equity Bulls

Keywords

AnikIndustries Q1FY24 ResultUpdate