Sunrise Industrial Traders Ltd Q2FY24 net profit drops to Rs. 80.20 lakhs

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. 1.5740 crores during the period ended September 30, 2023 as compared to Rs. 1.5689 crores during the period ended June 30, 2023.

The company has posted net profit / (loss) of Rs. 0.8020 crores for the period ended September 30, 2023 as against net profit / (loss) of Rs. 0.9911 crores for the period ended June 30, 2023.

The company has reported EPS of Rs. 16.07 for the period ended September 30, 2023 as compared to Rs. 19.86 for the period ended June 30, 2023.

Financials	Q2 FY2024	Q1 FY2024	% Change
Total Income	₹ 1.5740 crs	₹1.5689 crs	0.33%
Net Profit	₹0.8020 crs	₹0.9911 crs	-19.08%
EPS	₹16.07	₹19.86	-19.08%

Financial Results (Q2 FY2024) - YoY Comparison

The company has reported total income of Rs. 1.5740 crores during the period ended September 30, 2023 as compared to Rs.1.4002 crores during the period ended September 30, 2022.

The company has posted net profit / (loss) of Rs.0.8020 crores for the period ended September 30, 2023 as against net profit / (loss) of Rs.0.9293 crores for the period ended September 30, 2022.

The company has reported EPS of Rs.16.07 for the period ended September 30, 2023 as compared to Rs.18.62 for the period ended September 30, 2022.

Financials	Q2 FY2024	Q2 FY2023	% Change
Total Income	₹ 1.5740 crs	₹1.4002 crs	12.41%
Net Profit	₹0.8020 crs	₹0.9293 crs	-13.70%
EPS	₹16.07	₹18.62	-13.69%

Financial Results (Half Year Ended FY2024) - YoY Comparison

The company has reported total income of Rs.3.1429 crores during the 6 Months period ended September 30, 2023 as compared to Rs.2.5640 crores during the 6 Months period ended September 30, 2022.

The company has posted net profit / (loss) of Rs.1.7931 crores for the 6 Months period ended September 30, 2023 as against net profit / (loss) of Rs.1.4716 crores for the 6 Months period ended September 30, 2022.

The company has reported EPS of Rs.35.93 for the 6 Months period ended September 30, 2023 as compared to Rs.29.49 for the 6 Months period ended September 30, 2022.

Financials	Half Year Ended FY2024	Half Year Ended FY2023	% Change
Total Income	₹3.1429 crs	₹2.5640 crs	22.58%
Net Profit	₹1.7931 crs	₹1.4716 crs	21.85%
EPS	₹35.93	₹29.49	21.84%

Source : Equity Bulls

Keywords

SunriseIndustrialTraders Q2FY24 H1FY24 ResultUpdate