Sadbhav Engineering Ltd Q1FY24 consolidated loss at Rs. 10.23 crore

Sadbhav Engineering Limited 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. 760.5088 crores during the period ended June 30, 2023 as compared to Rs. 580.1897 crores during the period ended March 31, 2023.

The company has posted net profit / (loss) of Rs. -10.2390 crores for the period ended June 30, 2023 as against net profit / (loss) of Rs. -24.8836 crores for the period ended March 31, 2023.

The company has reported EPS of Rs. -0.6 for the period ended June 30, 2023 as compared to Rs. -1.45 for the period ended March 31, 2023.

Financials	Q1 FY2024	Q4 FY2023	% Change
Total Income	₹ 760.5088 crs	₹580.1897 crs	31.08%
Net Profit	₹-10.2390 crs	₹-24.8836 crs	58.85%
EPS	₹-0.6	₹-1.45	58.62%

Financial Results (Q1 FY2024) - YoY Comparison

The company has reported total income of Rs. 760.5088 crores during the period ended June 30, 2023 as compared to Rs.579.5518 crores during the period ended June 30, 2022.

The company has posted net profit / (loss) of Rs.-10.2390 crores for the period ended June 30, 2023 as against net profit / (loss) of Rs.-172.3973 crores for the period ended June 30, 2022.

The company has reported EPS of Rs.-0.6 for the period ended June 30, 2023 as compared to Rs.-10.05 for the period ended June 30, 2022.

Financials	Q1 FY2024	Q1 FY2023	% Change
Total Income	₹ 760.5088 crs	₹579.5518 crs	31.22%
Net Profit	₹-10.2390 crs	₹-172.3973 crs	94.06%
EPS	₹-0.6	₹-10.05	94.03%

Shares of Sadbhav Engineering Limited was last trading in BSE at Rs. 10.79 as compared to the previous close of Rs. 10.89. The total number of shares traded during the day was 51212 in over 79 trades.

The stock hit an intraday high of Rs. 10.90 and intraday low of 10.70. The net turnover during the day was Rs. 557276.00.

Source : Equity Bulls

Keywords

SadbhavEngineering Q1FY24 ResultUpdate