Stock Report

Linc Ltd Q2 FY2024 net profit up QoQ at Rs. 7.70 crores



Posted On : 2023-11-03 22:31:58( TIMEZONE : IST )

Linc Ltd Q2 FY2024 net profit up QoQ at Rs. 7.70 crores

Linc Pen & Plastics 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. 133.1479 crores during the period ended September 30, 2023 as compared to Rs. 113.2216 crores during the period ended June 30, 2023.

The company has posted net profit / (loss) of Rs. 7.7064 crores for the period ended September 30, 2023 as against net profit / (loss) of Rs. 7.3850 crores for the period ended June 30, 2023.

The company has reported EPS of Rs. 5.18 for the period ended September 30, 2023 as compared to Rs. 4.97 for the period ended June 30, 2023.

Financials Q2 FY2024 Q1 FY2024 % Change
Total Income ₹ 133.1479 crs ₹113.2216 crs Up Tick / Down Tick17.60%
Net Profit ₹7.7064 crs ₹7.3850 crs Up Tick / Down Tick4.35%
EPS ₹5.18 ₹4.97 Up Tick / Down Tick4.23%

Financial Results (Q2 FY2024) - YoY Comparison

The company has reported total income of Rs. 133.1479 crores during the period ended September 30, 2023 as compared to Rs.127.8201 crores during the period ended September 30, 2022.

The company has posted net profit / (loss) of Rs.7.7064 crores for the period ended September 30, 2023 as against net profit / (loss) of Rs.9.5562 crores for the period ended September 30, 2022.

The company has reported EPS of Rs.5.18 for the period ended September 30, 2023 as compared to Rs.6.42 for the period ended September 30, 2022.

Financials Q2 FY2024 Q2 FY2023 % Change
Total Income ₹ 133.1479 crs ₹127.8201 crs Up Tick / Down Tick4.17%
Net Profit ₹7.7064 crs ₹9.5562 crs Up Tick / Down Tick-19.36%
EPS ₹5.18 ₹6.42 Up Tick / Down Tick-19.31%

Financial Results (Half Year Ended FY2024) - YoY Comparison

The company has reported total income of Rs.246.3695 crores during the 6 Months period ended September 30, 2023 as compared to Rs.227.0814 crores during the 6 Months period ended September 30, 2022.

The company has posted net profit / (loss) of Rs.15.0914 crores for the 6 Months period ended September 30, 2023 as against net profit / (loss) of Rs.13.9370 crores for the 6 Months period ended September 30, 2022.

The company has reported EPS of Rs.10.15 for the 6 Months period ended September 30, 2023 as compared to Rs.9.37 for the 6 Months period ended September 30, 2022.

Financials Half Year Ended FY2024 Half Year Ended FY2023 % Change
Total Income ₹246.3695 crs ₹227.0814 crs Up Tick / Down Tick8.49%
Net Profit ₹15.0914 crs ₹13.9370 crs Up Tick / Down Tick8.28%
EPS ₹10.15 ₹9.37 Up Tick / Down Tick8.32%

Shares of Linc Pen & Plastics Limited was last trading in BSE at Rs. 820.10 as compared to the previous close of Rs. 811.45. The total number of shares traded during the day was 2034 in over 221 trades.

The stock hit an intraday high of Rs. 825.50 and intraday low of 814.95. The net turnover during the day was Rs. 1668302.00.

Source : Equity Bulls

Keywords

Linc Q2FY24 H1FY24 ResultUpdate