Stock Report

Gandhi Special Tubes Ltd Q2 FY2024 net profit declines to Rs. 13.24 crores



Posted On : 2023-11-02 08:37:28( TIMEZONE : IST )

Gandhi Special Tubes Ltd Q2 FY2024 net profit declines to Rs. 13.24 crores

Gandhi Special Tubes Limited 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. 46.5987 crores during the period ended September 30, 2023 as compared to Rs. 50.2628 crores during the period ended June 30, 2023.

The company has posted net profit / (loss) of Rs. 13.2457 crores for the period ended September 30, 2023 as against net profit / (loss) of Rs. 15.7687 crores for the period ended June 30, 2023.

The company has reported EPS of Rs. 10.90 for the period ended September 30, 2023 as compared to Rs. 12.98 for the period ended June 30, 2023.

Financials Q2 FY2024 Q1 FY2024 % Change
Total Income ₹ 46.5987 crs ₹50.2628 crs Up Tick / Down Tick-7.29%
Net Profit ₹13.2457 crs ₹15.7687 crs Up Tick / Down Tick-16.00%
EPS ₹10.90 ₹12.98 Up Tick / Down Tick-16.02%

Financial Results (Q2 FY2024) - YoY Comparison

The company has reported total income of Rs. 46.5987 crores during the period ended September 30, 2023 as compared to Rs.53.8410 crores during the period ended September 30, 2022.

The company has posted net profit / (loss) of Rs.13.2457 crores for the period ended September 30, 2023 as against net profit / (loss) of Rs.15.3577 crores for the period ended September 30, 2022.

The company has reported EPS of Rs.10.90 for the period ended September 30, 2023 as compared to Rs.12.64 for the period ended September 30, 2022.

Financials Q2 FY2024 Q2 FY2023 % Change
Total Income ₹ 46.5987 crs ₹53.8410 crs Up Tick / Down Tick-13.45%
Net Profit ₹13.2457 crs ₹15.3577 crs Up Tick / Down Tick-13.75%
EPS ₹10.90 ₹12.64 Up Tick / Down Tick-13.77%

Financial Results (Half Year Ended FY2024) - YoY Comparison

The company has reported total income of Rs.96.8615 crores during the 6 Months period ended September 30, 2023 as compared to Rs.98.0418 crores during the 6 Months period ended September 30, 2022.

The company has posted net profit / (loss) of Rs.29.0144 crores for the 6 Months period ended September 30, 2023 as against net profit / (loss) of Rs.27.3187 crores for the 6 Months period ended September 30, 2022.

The company has reported EPS of Rs.23.88 for the 6 Months period ended September 30, 2023 as compared to Rs.22.48 for the 6 Months period ended September 30, 2022.

Financials Half Year Ended FY2024 Half Year Ended FY2023 % Change
Total Income ₹96.8615 crs ₹98.0418 crs Up Tick / Down Tick-1.20%
Net Profit ₹29.0144 crs ₹27.3187 crs Up Tick / Down Tick6.21%
EPS ₹23.88 ₹22.48 Up Tick / Down Tick6.23%

Shares of Gandhi Special Tubes Limited was last trading in BSE at Rs. 742.95 as compared to the previous close of Rs. 736.65. The total number of shares traded during the day was 335 in over 56 trades.

The stock hit an intraday high of Rs. 758.00 and intraday low of 740.05. The net turnover during the day was Rs. 249478.00.

Source : Equity Bulls

Keywords

GandhiSpecialTubes Q2FY24 H1FY24 ResultUpdate