Kunststoffe Industries Ltd Q1FY24 net profit lower at Rs. 27.81 lakhs

KUNSTSTOFFE INDUSTRIES 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. 3.3919 crores during the period ended June 30, 2023 as compared to Rs. 4.1372 crores during the period ended March 31, 2023.

The company has posted net profit / (loss) of Rs. 0.2781 crores for the period ended June 30, 2023 as against net profit / (loss) of Rs. 0.4290 crores for the period ended March 31, 2023.

The company has reported EPS of Rs. 0.40 for the period ended June 30, 2023 as compared to Rs. 0.62 for the period ended March 31, 2023.

Financials	Q1 FY2024	Q4 FY2023	% Change
Total Income	₹ 3.3919 crs	₹4.1372 crs	-18.01%
Net Profit	₹0.2781 crs	₹0.4290 crs	-35.17%
EPS	₹0.40	₹0.62	-35.48%

Financial Results (Q1 FY2024) - YoY Comparison

The company has reported total income of Rs. 3.3919 crores during the period ended June 30, 2023 as compared to Rs.3.4901 crores during the period ended June 30, 2022.

The company has posted net profit / (loss) of Rs.0.2781 crores for the period ended June 30, 2023 as against net profit / (loss) of Rs.0.3935 crores for the period ended June 30, 2022.

The company has reported EPS of Rs.0.40 for the period ended June 30, 2023 as compared to Rs.0.57 for the period ended June 30, 2022.

Financials	Q1 FY2024	Q1 FY2023	% Change
Total Income	₹ 3.3919 crs	₹3.4901 crs	-2.81%
Net Profit	₹0.2781 crs	₹0.3935 crs	-29.33%
EPS	₹0.40	₹0.57	-29.82%

Shares of KUNSTSTOFFE INDUSTRIES LTD. was last trading in BSE at Rs. 26.30 as compared to the previous close of Rs. 23.87. The total number of shares traded during the day was 2060 in over 29 trades.

The stock hit an intraday high of Rs. 27.70 and intraday low of 23.67. The net turnover during the day was Rs. 52518.00.

Source : Equity Bulls

Keywords

KunststoffeIndustries Q1FY24 ResultUpdate