Stock Report

Zenith Fibres Ltd Q2 FY2024 net profit at Rs. 94.71 lakhs

Posted On : 2023-11-05 16:42:33( TIMEZONE : IST )

ZENITH FIBRES 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. 11.2336 crores during the period ended September 30, 2023 as compared to Rs. 6.1175 crores during the period ended June 30, 2023.

The company has posted net profit / (loss) of Rs. 0.9471 crores for the period ended September 30, 2023 as against net profit / (loss) of Rs. -0.3215 crores for the period ended June 30, 2023.

The company has reported EPS of Rs. 2.40 for the period ended September 30, 2023 as compared to Rs. -0.82 for the period ended June 30, 2023.

Financials	Q2 FY2024	Q1 FY2024	% Change
Total Income	₹ 11.2336 crs	₹6.1175 crs	83.63%
Net Profit	₹0.9471 crs	₹-0.3215 crs	394.59%
EPS	₹2.40	₹-0.82	392.68%

Financial Results (Q2 FY2024) - YoY Comparison

The company has reported total income of Rs. 11.2336 crores during the period ended September 30, 2023 as compared to Rs.15.7452 crores during the period ended September 30, 2022.

The company has posted net profit / (loss) of Rs.0.9471 crores for the period ended September 30, 2023 as against net profit / (loss) of Rs.1.5981 crores for the period ended September 30, 2022.

The company has reported EPS of Rs.2.40 for the period ended September 30, 2023 as compared to Rs.4.05 for the period ended September 30, 2022.

Financials	Q2 FY2024	Q2 FY2023	% Change
Total Income	₹ 11.2336 crs	₹15.7452 crs	-28.65%
Net Profit	₹0.9471 crs	₹1.5981 crs	-40.74%
EPS	₹2.40	₹4.05	-40.74%

Financial Results (Half Year Ended FY2024) - YoY Comparison

The company has reported total income of Rs.17.3511 crores during the 6 Months period ended September 30, 2023 as compared to Rs.30.9273 crores during the 6 Months period ended September 30, 2022.

The company has posted net profit / (loss) of Rs.0.6257 crores for the 6 Months period ended September 30, 2023 as against net profit / (loss) of Rs.2.5339 crores for the 6 Months period ended September 30, 2022.

The company has reported EPS of Rs.1.59 for the 6 Months period ended September 30, 2023 as compared to Rs.6.42 for the 6 Months period ended September 30, 2022.

Financials	Half Year Ended FY2024	Half Year Ended FY2023	% Change
Total Income	₹17.3511 crs	₹30.9273 crs	-43.90%
Net Profit	₹0.6257 crs	₹2.5339 crs	-75.31%
EPS	₹1.59	₹6.42	-75.23%

Shares of ZENITH FIBRES LTD. was last trading in BSE at Rs. 66.00 as compared to the previous close of Rs. 65.80. The total number of shares traded during the day was 1022 in over 17 trades.

The stock hit an intraday high of Rs. 66.00 and intraday low of 65.80. The net turnover during the day was Rs. 67365.00.