Coral Laboratories Ltd Q1 FY2024 net profit up at Rs. 1.84 crore

CORAL LABORATORIES 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. 14.8383 crores during the period ended June 30, 2023 as compared to Rs. 12.5991 crores during the period ended March 31, 2023.

The company has posted net profit / (loss) of Rs. 1.8418 crores for the period ended June 30, 2023 as against net profit / (loss) of Rs. -0.8922 crores for the period ended March 31, 2023.

The company has reported EPS of Rs. 5.16 for the period ended June 30, 2023 as compared to Rs. -2.50 for the period ended March 31, 2023.

Financials	Q1 FY2024	Q4 FY2023	% Change
Total Income	₹ 14.8383 crs	₹12.5991 crs	17.77%
Net Profit	₹1.8418 crs	₹-0.8922 crs	306.43%
EPS	₹5.16	₹-2.50	306.40%

Financial Results (Q1 FY2024) - YoY Comparison

The company has reported total income of Rs. 14.8383 crores during the period ended June 30, 2023 as compared to Rs.18.2826 crores during the period ended June 30, 2022.

The company has posted net profit / (loss) of Rs.1.8418 crores for the period ended June 30, 2023 as against net profit / (loss) of Rs.1.5852 crores for the period ended June 30, 2022.

The company has reported EPS of Rs.5.16 for the period ended June 30, 2023 as compared to Rs.4.44 for the period ended June 30, 2022.

Financials	Q1 FY2024	Q1 FY2023	% Change
Total Income	₹ 14.8383 crs	₹18.2826 crs	-18.84%
Net Profit	₹1.8418 crs	₹1.5852 crs	16.19%
EPS	₹5.16	₹4.44	16.22%

Shares of CORAL LABORATORIES LTD. was last trading in BSE at Rs. 260.70 as compared to the previous close of Rs. 259.95. The total number of shares traded during the day was 276 in over 30 trades.

The stock hit an intraday high of Rs. 263.50 and intraday low of 252.00. The net turnover during the day was Rs. 72034.00.

Source : Equity Bulls

Keywords

CoralLaboratories Q1FY24 ResultUpdate