Globe Multi Ventures Ltd Q1FY24 net profit at Rs. 63.63 lakhs

Globe Commercials 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. 35.2648 crores during the period ended June 30, 2023 as compared to Rs. 32.3013 crores during the period ended March 31, 2023.

The company has posted net profit / (loss) of Rs. 0.6363 crores for the period ended June 30, 2023 as against net profit / (loss) of Rs. 0.8571 crores for the period ended March 31, 2023.

The company has reported EPS of Rs. 1.06 for the period ended June 30, 2023 as compared to Rs. 1.43 for the period ended March 31, 2023.

Financials	Q1 FY2024	Q4 FY2023	% Change
Total Income	₹ 35.2648 crs	₹32.3013 crs	9.17%
Net Profit	₹0.6363 crs	₹0.8571 crs	-25.76%
EPS	₹1.06	₹1.43	-25.87%

Financial Results (Q1 FY2024) - YoY Comparison

The company has reported total income of Rs. 35.2648 crores during the period ended June 30, 2023 as compared to Rs.33.1067 crores during the period ended June 30, 2022.

The company has posted net profit / (loss) of Rs.0.6363 crores for the period ended June 30, 2023 as against net profit / (loss) of Rs.0.6188 crores for the period ended June 30, 2022.

The company has reported EPS of Rs.1.06 for the period ended June 30, 2023 as compared to Rs.2.06 for the period ended June 30, 2022.

Financials	Q1 FY2024	Q1 FY2023	% Change
Total Income	₹ 35.2648 crs	₹33.1067 crs	6.52%
Net Profit	₹0.6363 crs	₹0.6188 crs	2.83%
EPS	₹1.06	₹2.06	-48.54%

Shares of Globe Commercials Ltd was last trading in BSE at Rs. 28.00 as compared to the previous close of Rs. 26.99. The total number of shares traded during the day was 909 in over 24 trades.

The stock hit an intraday high of Rs. 28.30 and intraday low of 26.00. The net turnover during the day was Rs. 24133.00.

Source : Equity Bulls

Keywords

GlobeMultiVentures Q1FY24 ResultUpdate