Diligent Media Corporation Ltd Q1FY24 net profit lower at Rs. 2.13 crore

Diligent Media Corporation Limited 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. 4.7853 crores during the period ended June 30, 2023 as compared to Rs. 7.0063 crores during the period ended March 31, 2023.

The company has posted net profit / (loss) of Rs. 2.1321 crores for the period ended June 30, 2023 as against net profit / (loss) of Rs. 75.9858 crores for the period ended March 31, 2023.

The company has reported EPS of Rs. 0.18 for the period ended June 30, 2023 as compared to Rs. 6.45 for the period ended March 31, 2023.

Financials	Q1 FY2024	Q4 FY2023	% Change
Total Income	₹ 4.7853 crs	₹7.0063 crs	-31.70%
Net Profit	₹2.1321 crs	₹75.9858 crs	-97.19%
EPS	₹0.18	₹6.45	-97.21%

Financial Results (Q1 FY2024) - YoY Comparison

The company has reported total income of Rs. 4.7853 crores during the period ended June 30, 2023 as compared to Rs.2.5837 crores during the period ended June 30, 2022.

The company has posted net profit / (loss) of Rs.2.1321 crores for the period ended June 30, 2023 as against net profit / (loss) of Rs.35.0614 crores for the period ended June 30, 2022.

The company has reported EPS of Rs.0.18 for the period ended June 30, 2023 as compared to Rs.2.98 for the period ended June 30, 2022.

Financials	Q1 FY2024	Q1 FY2023	% Change
Total Income	₹ 4.7853 crs	₹2.5837 crs	85.21%
Net Profit	₹2.1321 crs	₹35.0614 crs	-93.92%
EPS	₹0.18	₹2.98	-93.96%

Shares of Diligent Media Corporation Limited was last trading in BSE at Rs. 3.03 as compared to the previous close of Rs. 3.04. The total number of shares traded during the day was 109405 in over 87 trades.

The stock hit an intraday high of Rs. 3.11 and intraday low of 2.85. The net turnover during the day was Rs. 325959.00.

Source : Equity Bulls

Keywords

DiligentMediaCorporation Q1FY24 ResultUpdate