Stock Report

COSYN Ltd consolidated Q2 FY2024 net profit at Rs. 35.74 lakhs



Posted On : 2023-10-17 23:54:53( TIMEZONE : IST )

COSYN Ltd consolidated Q2 FY2024 net profit at Rs. 35.74 lakhs

COSYN Ltd has reported Consolidated financial results for the period ended September 30, 2023.

Financial Results (Q2 FY2024) - QoQ Comparison

The company has reported total income of Rs. 4.2704 crores during the period ended September 30, 2023 as compared to Rs. 3.1743 crores during the period ended June 30, 2023.

The company has posted net profit / (loss) of Rs. 0.3573 crores for the period ended September 30, 2023 as against net profit / (loss) of Rs. -1.1452 crores for the period ended June 30, 2023.

The company has reported EPS of Rs. 0.48 for the period ended September 30, 2023 as compared to Rs. -1.53 for the period ended June 30, 2023.

Financials Q2 FY2024 Q1 FY2024 % Change
Total Income ₹ 4.2704 crs ₹3.1743 crs Up Tick / Down Tick34.53%
Net Profit ₹0.3573 crs ₹-1.1452 crs Up Tick / Down Tick131.20%
EPS ₹0.48 ₹-1.53 Up Tick / Down Tick131.37%

Financial Results (Q2 FY2024) - YoY Comparison

The company has reported total income of Rs. 4.2704 crores during the period ended September 30, 2023 as compared to Rs.5.2139 crores during the period ended September 30, 2022.

The company has posted net profit / (loss) of Rs.0.3573 crores for the period ended September 30, 2023 as against net profit / (loss) of Rs.0.1453 crores for the period ended September 30, 2022.

The company has reported EPS of Rs.0.48 for the period ended September 30, 2023 as compared to Rs.0.19 for the period ended September 30, 2022.

Financials Q2 FY2024 Q2 FY2023 % Change
Total Income ₹ 4.2704 crs ₹5.2139 crs Up Tick / Down Tick-18.10%
Net Profit ₹0.3573 crs ₹0.1453 crs Up Tick / Down Tick145.91%
EPS ₹0.48 ₹0.19 Up Tick / Down Tick152.63%

Financial Results (Half Year Ended FY2024) - YoY Comparison

The company has reported total income of Rs.7.4447 crores during the 6 Months period ended September 30, 2023 as compared to Rs.8.2444 crores during the 6 Months period ended September 30, 2022.

The company has posted net profit / (loss) of Rs.-0.7879 crores for the 6 Months period ended September 30, 2023 as against net profit / (loss) of Rs.0.2271 crores for the 6 Months period ended September 30, 2022.

The company has reported EPS of Rs.-1.05 for the 6 Months period ended September 30, 2023 as compared to Rs.0.30 for the 6 Months period ended September 30, 2022.

Financials Half Year Ended FY2024 Half Year Ended FY2023 % Change
Total Income ₹7.4447 crs ₹8.2444 crs Up Tick / Down Tick-9.70%
Net Profit ₹-0.7879 crs ₹0.2271 crs Up Tick / Down Tick-446.94%
EPS ₹-1.05 ₹0.30 Up Tick / Down Tick-450.00%

Shares of COSYN Ltd was last trading in BSE at Rs. 38.85 as compared to the previous close of Rs. 35.21. The total number of shares traded during the day was 72556 in over 374 trades.

The stock hit an intraday high of Rs. 39.89 and intraday low of 35.35. The net turnover during the day was Rs. 2749109.00.

Source : Equity Bulls

Keywords

COSYN Q2FY24 H1FY24 ResultUpdate