Stock Report

Investment and Precision Castings Ltd Q2 FY2024 consolidated PAT slips QoQ to Rs. 2.52 crore



Posted On : 2023-11-05 20:09:32( TIMEZONE : IST )

Investment and Precision Castings Ltd Q2 FY2024 consolidated PAT slips QoQ to Rs. 2.52 crore

INVESTMENT & PRECISION CASTINGS LTD. has reported Consolidated financial results for the period ended September 30, 2023.

Financial Results (Q2 FY2024) - QoQ Comparison

The company has reported total income of Rs. 44.9941 crores during the period ended September 30, 2023 as compared to Rs. 46.7812 crores during the period ended June 30, 2023.

The company has posted net profit / (loss) of Rs. 2.5270 crores for the period ended September 30, 2023 as against net profit / (loss) of Rs. 3.2585 crores for the period ended June 30, 2023.

The company has reported EPS of Rs. 5.05 for the period ended September 30, 2023 as compared to Rs. 6.52 for the period ended June 30, 2023.

Financials Q2 FY2024 Q1 FY2024 % Change
Total Income ₹ 44.9941 crs ₹46.7812 crs Up Tick / Down Tick-3.82%
Net Profit ₹2.5270 crs ₹3.2585 crs Up Tick / Down Tick-22.45%
EPS ₹5.05 ₹6.52 Up Tick / Down Tick-22.55%

Financial Results (Q2 FY2024) - YoY Comparison

The company has reported total income of Rs. 44.9941 crores during the period ended September 30, 2023 as compared to Rs.44.4520 crores during the period ended September 30, 2022.

The company has posted net profit / (loss) of Rs.2.5270 crores for the period ended September 30, 2023 as against net profit / (loss) of Rs.0.4381 crores for the period ended September 30, 2022.

The company has reported EPS of Rs.5.05 for the period ended September 30, 2023 as compared to Rs.0.88 for the period ended September 30, 2022.

Financials Q2 FY2024 Q2 FY2023 % Change
Total Income ₹ 44.9941 crs ₹44.4520 crs Up Tick / Down Tick1.22%
Net Profit ₹2.5270 crs ₹0.4381 crs Up Tick / Down Tick476.81%
EPS ₹5.05 ₹0.88 Up Tick / Down Tick473.86%

Financial Results (Half Year Ended FY2024) - YoY Comparison

The company has reported total income of Rs.91.7753 crores during the 6 Months period ended September 30, 2023 as compared to Rs.83.70 crores during the 6 Months period ended September 30, 2022.

The company has posted net profit / (loss) of Rs.5.7855 crores for the 6 Months period ended September 30, 2023 as against net profit / (loss) of Rs.0.7303 crores for the 6 Months period ended September 30, 2022.

The company has reported EPS of Rs.11.57 for the 6 Months period ended September 30, 2023 as compared to Rs.1.46 for the 6 Months period ended September 30, 2022.

Financials Half Year Ended FY2024 Half Year Ended FY2023 % Change
Total Income ₹91.7753 crs ₹83.70 crs Up Tick / Down Tick9.65%
Net Profit ₹5.7855 crs ₹0.7303 crs Up Tick / Down Tick692.21%
EPS ₹11.57 ₹1.46 Up Tick / Down Tick692.47%

Shares of INVESTMENT & PRECISION CASTINGS LTD. was last trading in BSE at Rs. 614.00 as compared to the previous close of Rs. 601.05. The total number of shares traded during the day was 6942 in over 116 trades.

The stock hit an intraday high of Rs. 622.00 and intraday low of 541.00. The net turnover during the day was Rs. 4103879.00.

Source : Equity Bulls

Keywords

InvestmentandPrecisionCastings Q2FY24 H1FY24 ResultUpdate