Industrial Investment Trust Ltd Q1 FY2023-24 consolidated net profit at Rs. 2.44 crore

Industrial Investment Trust 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. 5.4308 crores during the period ended June 30, 2023 as compared to Rs. 0.5040 crores during the period ended March 31, 2023.

The company has posted net profit / (loss) of Rs. 2.4406 crores for the period ended June 30, 2023 as against net profit / (loss) of Rs. -6.4912 crores for the period ended March 31, 2023.

The company has reported EPS of Rs. 1.08 for the period ended June 30, 2023 as compared to Rs. -2.88 for the period ended March 31, 2023.

Financials	Q1 FY2024	Q4 FY2023	% Change
Total Income	₹ 5.4308 crs	₹0.5040 crs	977.54%
Net Profit	₹2.4406 crs	₹-6.4912 crs	137.60%
EPS	₹1.08	₹-2.88	137.50%

Financial Results (Q1 FY2024) - YoY Comparison

The company has reported total income of Rs. 5.4308 crores during the period ended June 30, 2023 as compared to Rs.5.0328 crores during the period ended June 30, 2022.

The company has posted net profit / (loss) of Rs.2.4406 crores for the period ended June 30, 2023 as against net profit / (loss) of Rs.4.9196 crores for the period ended June 30, 2022.

The company has reported EPS of Rs.1.08 for the period ended June 30, 2023 as compared to Rs.2.18 for the period ended June 30, 2022.

Financials	Q1 FY2024	Q1 FY2023	% Change
Total Income	₹ 5.4308 crs	₹5.0328 crs	7.91%
Net Profit	₹2.4406 crs	₹4.9196 crs	-50.39%
EPS	₹1.08	₹2.18	-50.46%

Shares of Industrial Investment Trust Limited was last trading in BSE at Rs. 101.65 as compared to the previous close of Rs. 105.50. The total number of shares traded during the day was 247 in over 3 trades.

The stock hit an intraday high of Rs. 105.00 and intraday low of 101.65. The net turnover during the day was Rs. 25275.00.

Source : Equity Bulls

Keywords

IndustrialInvestmentTrust Q1FY24 ResultUpdate