Parker Agrochem Exports Ltd Q2 FY2024 net profit jumps to Rs. 1.19 crore

PARKER AGROCHEM EXPORTS 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. 2.1538 crores during the period ended September 30, 2023 as compared to Rs. 1.0220 crores during the period ended June 30, 2023.

The company has posted net profit / (loss) of Rs. 1.1984 crores for the period ended September 30, 2023 as against net profit / (loss) of Rs. 0.1099 crores for the period ended June 30, 2023.

The company has reported EPS of Rs. 2.51 for the period ended September 30, 2023 as compared to Rs. 0.23 for the period ended June 30, 2023.

Financials	Q2 FY2024	Q1 FY2024	% Change
Total Income	₹ 2.1538 crs	₹1.0220 crs	110.74%
Net Profit	₹1.1984 crs	₹0.1099 crs	990.45%
EPS	₹2.51	₹0.23	991.30%

Financial Results (Q2 FY2024) - YoY Comparison

The company has reported total income of Rs. 2.1538 crores during the period ended September 30, 2023 as compared to Rs.1.0491 crores during the period ended September 30, 2022.

The company has posted net profit / (loss) of Rs.1.1984 crores for the period ended September 30, 2023 as against net profit / (loss) of Rs.0.2148 crores for the period ended September 30, 2022.

The company has reported EPS of Rs.2.51 for the period ended September 30, 2023 as compared to Rs.0.45 for the period ended September 30, 2022.

Financials	Q2 FY2024	Q2 FY2023	% Change
Total Income	₹ 2.1538 crs	₹1.0491 crs	105.30%
Net Profit	₹1.1984 crs	₹0.2148 crs	457.91%
EPS	₹2.51	₹0.45	457.78%

Financial Results (Half Year Ended FY2024) - YoY Comparison

The company has reported total income of Rs.3.1758 crores during the 6 Months period ended September 30, 2023 as compared to Rs.1.9944 crores during the 6 Months period ended September 30, 2022.

The company has posted net profit / (loss) of Rs.1.3083 crores for the 6 Months period ended September 30, 2023 as against net profit / (loss) of Rs.0.1514 crores for the 6 Months period ended September 30, 2022.

The company has reported EPS of Rs.2.74 for the 6 Months period ended September 30, 2023 as compared to Rs.0.32 for the 6 Months period ended September 30, 2022.

Financials	Half Year Ended FY2024	Half Year Ended FY2023	% Change
Total Income	₹3.1758 crs	₹1.9944 crs	59.24%
Net Profit	₹1.3083 crs	₹0.1514 crs	764.13%
EPS	₹2.74	₹0.32	756.25%

Shares of PARKER AGROCHEM EXPORTS LTD. was last trading in BSE at Rs. 12.39 as compared to the previous close of Rs. 11.87. The total number of shares traded during the day was 2044 in over 11 trades.

The stock hit an intraday high of Rs. 12.39 and intraday low of 11.28. The net turnover during the day was Rs. 23081.00.

Source : Equity Bulls

Keywords

ParkerAgrochemExports Q2FY24 H1FY24 ResultUpdate