Vikram Thermo India Ltd Q2 FY2023-24 net profit jumps to Rs. 8.25 crores

VIKRAM THERMO (INDIA) 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. 34.0571 crores during the period ended September 30, 2023 as compared to Rs. 29.9298 crores during the period ended June 30, 2023.

The company has posted net profit / (loss) of Rs. 8.2517 crores for the period ended September 30, 2023 as against net profit / (loss) of Rs. 5.7574 crores for the period ended June 30, 2023.

The company has reported EPS of Rs. 2.63 for the period ended September 30, 2023 as compared to Rs. 1.84 for the period ended June 30, 2023.

Financials	Q2 FY2024	Q1 FY2024	% Change
Total Income	₹ 34.0571 crs	₹29.9298 crs	13.79%
Net Profit	₹8.2517 crs	₹5.7574 crs	43.32%
EPS	₹2.63	₹1.84	42.93%

Financial Results (Q2 FY2024) - YoY Comparison

The company has reported total income of Rs. 34.0571 crores during the period ended September 30, 2023 as compared to Rs.29.6545 crores during the period ended September 30, 2022.

The company has posted net profit / (loss) of Rs.8.2517 crores for the period ended September 30, 2023 as against net profit / (loss) of Rs.5.2841 crores for the period ended September 30, 2022.

The company has reported EPS of Rs.2.63 for the period ended September 30, 2023 as compared to Rs.1.68 for the period ended September 30, 2022.

Financials	Q2 FY2024	Q2 FY2023	% Change
Total Income	₹ 34.0571 crs	₹29.6545 crs	14.85%
Net Profit	₹8.2517 crs	₹5.2841 crs	56.16%
EPS	₹2.63	₹1.68	56.55%

Financial Results (Half Year Ended FY2024) - YoY Comparison

The company has reported total income of Rs.63.9869 crores during the 6 Months period ended September 30, 2023 as compared to Rs.55.1119 crores during the 6 Months period ended September 30, 2022.

The company has posted net profit / (loss) of Rs.14.0091 crores for the 6 Months period ended September 30, 2023 as against net profit / (loss) of Rs.9.7034 crores for the 6 Months period ended September 30, 2022.

The company has reported EPS of Rs.4.47 for the 6 Months period ended September 30, 2023 as compared to Rs.3.09 for the 6 Months period ended September 30, 2022.

Financials	Half Year Ended FY2024	Half Year Ended FY2023	% Change
Total Income	₹63.9869 crs	₹55.1119 crs	16.10%
Net Profit	₹14.0091 crs	₹9.7034 crs	44.37%
EPS	₹4.47	₹3.09	44.66%

Shares of VIKRAM THERMO (INDIA) LTD. was last trading in BSE at Rs. 119.25 as compared to the previous close of Rs. 115.45. The total number of shares traded during the day was 61296 in over 326 trades.

The stock hit an intraday high of Rs. 120.40 and intraday low of 115.05. The net turnover during the day was Rs. 7299905.00.

Source : Equity Bulls

Keywords

VikramThermoIndia Q2FY24 H1FY24 ResultUpdate