Signet Industries Ltd Q1 FY2024 PAT falls QoQ to Rs. 3.20 crore

Signet Industries Limited 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. 289.2949 crores during the period ended June 30, 2023 as compared to Rs. 313.6809 crores during the period ended March 31, 2023.

The company has posted net profit / (loss) of Rs. 3.2004 crores for the period ended June 30, 2023 as against net profit / (loss) of Rs. 4.5187 crores for the period ended March 31, 2023.

The company has reported EPS of Rs. 0.96 for the period ended June 30, 2023 as compared to Rs. 1.41 for the period ended March 31, 2023.

Financials	Q1 FY2024	Q4 FY2023	% Change
Total Income	₹ 289.2949 crs	₹313.6809 crs	-7.77%
Net Profit	₹3.2004 crs	₹4.5187 crs	-29.17%
EPS	₹0.96	₹1.41	-31.91%

Financial Results (Q1 FY2024) - YoY Comparison

The company has reported total income of Rs. 289.2949 crores during the period ended June 30, 2023 as compared to Rs.219.4472 crores during the period ended June 30, 2022.

The company has posted net profit / (loss) of Rs.3.2004 crores for the period ended June 30, 2023 as against net profit / (loss) of Rs.1.4744 crores for the period ended June 30, 2022.

The company has reported EPS of Rs.0.96 for the period ended June 30, 2023 as compared to Rs.0.38 for the period ended June 30, 2022.

Financials	Q1 FY2024	Q1 FY2023	% Change
Total Income	₹ 289.2949 crs	₹219.4472 crs	31.83%
Net Profit	₹3.2004 crs	₹1.4744 crs	117.06%
EPS	₹0.96	₹0.38	152.63%

Shares of Signet Industries Limited was last trading in BSE at Rs. 44.10 as compared to the previous close of Rs. 44.98. The total number of shares traded during the day was 6234 in over 37 trades.

The stock hit an intraday high of Rs. 46.89 and intraday low of 43.25. The net turnover during the day was Rs. 279270.00.

Source : Equity Bulls

Keywords

SignetIndustries Q1FY24 ResultUpdate