Stock Report

Anand Rayons Ltd Q2FY24 net profit at Rs. 66.29 lakhs



Posted On : 2023-11-02 18:41:18( TIMEZONE : IST )

Anand Rayons Ltd Q2FY24 net profit at Rs. 66.29 lakhs

Anand Rayons 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. 84.5483 crores during the period ended September 30, 2023 as compared to Rs. 74.5396 crores during the period ended June 30, 2023.

The company has posted net profit / (loss) of Rs. 0.6629 crores for the period ended September 30, 2023 as against net profit / (loss) of Rs. 0.9236 crores for the period ended June 30, 2023.

The company has reported EPS of Rs. 0.44 for the period ended September 30, 2023 as compared to Rs. 0.62 for the period ended June 30, 2023.

Financials Q2 FY2024 Q1 FY2024 % Change
Total Income ₹84.5483 crs ₹74.5396 crs Up Tick / Down Tick13.43%
Net Profit ₹0.6629 crs ₹0.9236 crs Up Tick / Down Tick-28.23%
EPS ₹0.44 ₹0.62 Up Tick / Down Tick-29.03%

Financial Results (Q2 FY2024) - YoY Comparison

The company has reported total income of Rs.84.5483 crores during the period ended September 30, 2023 as compared to Rs.90.9570 crores during the period ended September 30, 2022.

The company has posted net profit / (loss) of Rs.0.6629 crores for the period ended September 30, 2023 as against net profit / (loss) of Rs.0.6543 crores for the period ended September 30, 2022.

The company has reported EPS of Rs.0.44 for the period ended September 30, 2023 as compared to Rs.0.44 for the period ended September 30, 2022.

Financials Q2 FY2024 Q2 FY2023 % Change
Total Income ₹84.5483 crs ₹90.9570 crs Up Tick / Down Tick-7.05%
Net Profit ₹0.6629 crs ₹0.6543 crs Up Tick / Down Tick1.31%
EPS ₹0.44 ₹0.44 Up Tick / Down Tick0.00%

Financial Results (Half Year Ended FY2024) - YoY Comparison

The company has reported total income of Rs.159.0879 crores during the 6 Months period ended September 30, 2023 as compared to Rs.178.8149 crores during the 6 Months period ended September 30, 2022.

The company has posted net profit / (loss) of Rs.1.5865 crores for the 6 Months period ended September 30, 2023 as against net profit / (loss) of Rs.1.7616 crores for the 6 Months period ended September 30, 2022.

The company has reported EPS of Rs.1.06 for the 6 Months period ended September 30, 2023 as compared to Rs.1.18 for the 6 Months period ended September 30, 2022.

Financials Half Year Ended FY2024 Half Year Ended FY2023 % Change
Total Income ₹159.0879 crs ₹178.8149 crs Up Tick / Down Tick-11.03%
Net Profit ₹1.5865 crs ₹1.7616 crs Up Tick / Down Tick-9.94%
EPS ₹1.06 ₹1.18 Up Tick / Down Tick-10.17%

Shares of Anand Rayons Ltd was last trading in BSE at Rs. 38.95 as compared to the previous close of Rs. 38.37. The total number of shares traded during the day was 4291 in over 44 trades.

The stock hit an intraday high of Rs. 40.50 and intraday low of 38.22. The net turnover during the day was Rs. 166354.00.

Source : Equity Bulls

Keywords

AnandRayons Q2FY24 H1FY24 ResultUpdate