Race Eco Chain Ltd Q1 FY2023-24 PAT rises to Rs. 90.83 lakhs

Race Eco Chain 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. 110.7760 crores during the period ended June 30, 2023 as compared to Rs. 92.5092 crores during the period ended March 31, 2023.

The company has posted net profit / (loss) of Rs. 0.9083 crores for the period ended June 30, 2023 as against net profit / (loss) of Rs. 0.4447 crores for the period ended March 31, 2023.

The company has reported EPS of Rs. 0.55 for the period ended June 30, 2023 as compared to Rs. 0.27 for the period ended March 31, 2023.

Financials	Q1 FY2024	Q4 FY2023	% Change
Total Income	₹ 110.7760 crs	₹92.5092 crs	19.75%
Net Profit	₹0.9083 crs	₹0.4447 crs	104.25%
EPS	₹0.55	₹0.27	103.70%

Financial Results (Q1 FY2024) - YoY Comparison

The company has reported total income of Rs. 110.7760 crores during the period ended June 30, 2023 as compared to Rs.42.9870 crores during the period ended June 30, 2022.

The company has posted net profit / (loss) of Rs.0.9083 crores for the period ended June 30, 2023 as against net profit / (loss) of Rs.0.1929 crores for the period ended June 30, 2022.

The company has reported EPS of Rs.0.55 for the period ended June 30, 2023 as compared to Rs.0.12 for the period ended June 30, 2022.

Financials	Q1 FY2024	Q1 FY2023	% Change
Total Income	₹ 110.7760 crs	₹42.9870 crs	157.70%
Net Profit	₹0.9083 crs	₹0.1929 crs	370.87%
EPS	₹0.55	₹0.12	358.33%

Shares of Race Eco Chain Ltd was last trading in BSE at Rs. 266.65 as compared to the previous close of Rs. 259.10. The total number of shares traded during the day was 6546 in over 264 trades.

The stock hit an intraday high of Rs. 267.25 and intraday low of 254.05. The net turnover during the day was Rs. 1725611.00.

Source : Equity Bulls

Keywords

RaceEcoChain Q1FY24 ResultUpdate