Asian Granito India Ltd Q1 FY24 consolidated loss at Rs. 2.44 crore

Asian Granito India 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. 340.3107 crores during the period ended June 30, 2023 as compared to Rs. 458.8176 crores during the period ended March 31, 2023.

The company has posted net profit / (loss) of Rs. -2.4415 crores for the period ended June 30, 2023 as against net profit / (loss) of Rs. -44.6887 crores for the period ended March 31, 2023.

The company has reported EPS of Rs. -0.19 for the period ended June 30, 2023 as compared to Rs. -3.53 for the period ended March 31, 2023.

Financials	Q1 FY2024	Q4 FY2023	% Change
Total Income	₹ 340.3107 crs	₹458.8176 crs	-25.83%
Net Profit	₹-2.4415 crs	₹-44.6887 crs	94.54%
EPS	₹-0.19	₹-3.53	94.62%

Financial Results (Q1 FY2024) - YoY Comparison

The company has reported total income of Rs. 340.3107 crores during the period ended June 30, 2023 as compared to Rs.311.9378 crores during the period ended June 30, 2022.

The company has posted net profit / (loss) of Rs.-2.4415 crores for the period ended June 30, 2023 as against net profit / (loss) of Rs.-2.0969 crores for the period ended June 30, 2022.

The company has reported EPS of Rs.-0.19 for the period ended June 30, 2023 as compared to Rs.-0.23 for the period ended June 30, 2022.

Financials	Q1 FY2024	Q1 FY2023	% Change
Total Income	₹ 340.3107 crs	₹311.9378 crs	9.10%
Net Profit	₹-2.4415 crs	₹-2.0969 crs	16.43%
EPS	₹-0.19	₹-0.23	17.39%

Shares of Asian Granito India Limited was last trading in BSE at Rs. 48.80 as compared to the previous close of Rs. 47.43. The total number of shares traded during the day was 283087 in over 1700 trades.

The stock hit an intraday high of Rs. 49.94 and intraday low of 47.43. The net turnover during the day was Rs. 13834224.00.

Source : Equity Bulls

Keywords

AsianGranitoIndia Q1FY24 ResultUpdate