NIBE Ltd Q1 FY24 consolidated PAT at Rs. 82.33 lakhs

NIBE Ltd 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. 26.0225 crores during the period ended June 30, 2023 as compared to Rs. 62.8809 crores during the period ended March 31, 2023.

The company has posted net profit / (loss) of Rs. 0.8233 crores for the period ended June 30, 2023 as against net profit / (loss) of Rs. -0.4549 crores for the period ended March 31, 2023.

The company has reported EPS of Rs. 0.70 for the period ended June 30, 2023 as compared to Rs. -0.60 for the period ended March 31, 2023.

Financials	Q1 FY2024	Q4 FY2023	% Change
Total Income	₹ 26.0225 crs	₹62.8809 crs	-58.62%
Net Profit	₹0.8233 crs	₹-0.4549 crs	280.98%
EPS	₹0.70	₹-0.60	216.67%

Financial Results (Q1 FY2024) - YoY Comparison

The company has reported total income of Rs. 26.0225 crores during the period ended June 30, 2023 as compared to Rs.10.3309 crores during the period ended June 30, 2022.

The company has posted net profit / (loss) of Rs.0.8233 crores for the period ended June 30, 2023 as against net profit / (loss) of Rs.0.1006 crores for the period ended June 30, 2022.

The company has reported EPS of Rs.0.70 for the period ended June 30, 2023 as compared to Rs.0.10 for the period ended June 30, 2022.

Financials	Q1 FY2024	Q1 FY2023	% Change
Total Income	₹ 26.0225 crs	₹10.3309 crs	151.89%
Net Profit	₹0.8233 crs	₹0.1006 crs	718.39%
EPS	₹0.70	₹0.10	600.00%

Shares of NIBE Ltd was last trading in BSE at Rs. 456.70 as compared to the previous close of Rs. 447.75. The total number of shares traded during the day was 40932 in over 98 trades.

The stock hit an intraday high of Rs. 456.70 and intraday low of 455.00. The net turnover during the day was Rs. 18689044.00.

Source : Equity Bulls

Keywords

NIBE Q1FY24 ResultUpdate