Stock Report

Gujarat Cotex Ltd Q2 FY2024 net profit at Rs. 2.21 lakhs



Posted On : 2023-10-20 13:19:02( TIMEZONE : IST )

Gujarat Cotex Ltd Q2 FY2024 net profit at Rs. 2.21 lakhs

GUJARAT COTEX LTD. has reported Standalone financial results for the period ended September 30, 2023.

Financial Results (Q2 FY2024) - QoQ Comparison

The company has reported total income of Rs. 3.9509 crores during the period ended September 30, 2023 as compared to Rs. 4.8959 crores during the period ended June 30, 2023.

The company has posted net profit / (loss) of Rs. 0.0221 crores for the period ended September 30, 2023 as against net profit / (loss) of Rs. 0.0144 crores for the period ended June 30, 2023.

The company has reported EPS of Rs. 0.02 for the period ended September 30, 2023 as compared to Rs. 0.01 for the period ended June 30, 2023.

Financials Q2 FY2024 Q1 FY2024 % Change
Total Income ₹ 3.9509 crs ₹4.8959 crs Up Tick / Down Tick-19.30%
Net Profit ₹0.0221 crs ₹0.0144 crs Up Tick / Down Tick53.47%
EPS ₹0.02 ₹0.01 Up Tick / Down Tick100.00%

Financial Results (Q2 FY2024) - YoY Comparison

The company has reported total income of Rs. 3.9509 crores during the period ended September 30, 2023 as compared to Rs.4.8809 crores during the period ended September 30, 2022.

The company has posted net profit / (loss) of Rs.0.0221 crores for the period ended September 30, 2023 as against net profit / (loss) of Rs.0.0556 crores for the period ended September 30, 2022.

The company has reported EPS of Rs.0.02 for the period ended September 30, 2023 as compared to Rs.0.04 for the period ended September 30, 2022.

Financials Q2 FY2024 Q2 FY2023 % Change
Total Income ₹ 3.9509 crs ₹4.8809 crs Up Tick / Down Tick-19.05%
Net Profit ₹0.0221 crs ₹0.0556 crs Up Tick / Down Tick-60.25%
EPS ₹0.02 ₹0.04 Up Tick / Down Tick-50.00%

Financial Results (Half Year Ended FY2024) - YoY Comparison

The company has reported total income of Rs.8.8468 crores during the 6 Months period ended September 30, 2023 as compared to Rs.9.8034 crores during the 6 Months period ended September 30, 2022.

The company has posted net profit / (loss) of Rs.0.0365 crores for the 6 Months period ended September 30, 2023 as against net profit / (loss) of Rs.0.0825 crores for the 6 Months period ended September 30, 2022.

The company has reported EPS of Rs.0.03 for the 6 Months period ended September 30, 2023 as compared to Rs.0.06 for the 6 Months period ended September 30, 2022.

Financials Half Year Ended FY2024 Half Year Ended FY2023 % Change
Total Income ₹8.8468 crs ₹9.8034 crs Up Tick / Down Tick-9.76%
Net Profit ₹0.0365 crs ₹0.0825 crs Up Tick / Down Tick-55.76%
EPS ₹0.03 ₹0.06 Up Tick / Down Tick-50.00%

Shares of GUJARAT COTEX LTD. was last trading in BSE at Rs. 3.41 as compared to the previous close of Rs. 3.71. The total number of shares traded during the day was 21224 in over 44 trades.

The stock hit an intraday high of Rs. 3.71 and intraday low of 3.41. The net turnover during the day was Rs. 77073.00.

Source : Equity Bulls

Keywords

GujaratCotex Q2FY24 H1FY24 ResultUpdate