Stock Report

Stylam Industries Ltd posts consolidated PAT of Rs. 31.75 crores in Q2 FY2024

Posted On : 2023-11-06 15:29:52( TIMEZONE : IST )

Stylam Industries Limited 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. 235.8454 crores during the period ended September 30, 2023 as compared to Rs. 226.2074 crores during the period ended June 30, 2023.

The company has posted net profit / (loss) of Rs. 31.7518 crores for the period ended September 30, 2023 as against net profit / (loss) of Rs. 27.7803 crores for the period ended June 30, 2023.

The company has reported EPS of Rs. 18.73 for the period ended September 30, 2023 as compared to Rs. 16.39 for the period ended June 30, 2023.

Financials	Q2 FY2024	Q1 FY2024	% Change
Total Income	₹ 235.8454 crs	₹226.2074 crs	4.26%
Net Profit	₹31.7518 crs	₹27.7803 crs	14.30%
EPS	₹18.73	₹16.39	14.28%

Financial Results (Q2 FY2024) - YoY Comparison

The company has reported total income of Rs. 235.8454 crores during the period ended September 30, 2023 as compared to Rs.246.5968 crores during the period ended September 30, 2022.

The company has posted net profit / (loss) of Rs.31.7518 crores for the period ended September 30, 2023 as against net profit / (loss) of Rs.24.2109 crores for the period ended September 30, 2022.

The company has reported EPS of Rs.18.73 for the period ended September 30, 2023 as compared to Rs.14.26 for the period ended September 30, 2022.

Financials	Q2 FY2024	Q2 FY2023	% Change
Total Income	₹ 235.8454 crs	₹246.5968 crs	-4.36%
Net Profit	₹31.7518 crs	₹24.2109 crs	31.15%
EPS	₹18.73	₹14.26	31.35%

Financial Results (Half Year Ended FY2024) - YoY Comparison

The company has reported total income of Rs.462.0528 crores during the 6 Months period ended September 30, 2023 as compared to Rs.481.8411 crores during the 6 Months period ended September 30, 2022.

The company has posted net profit / (loss) of Rs.59.5321 crores for the 6 Months period ended September 30, 2023 as against net profit / (loss) of Rs.45.1593 crores for the 6 Months period ended September 30, 2022.

The company has reported EPS of Rs.35.13 for the 6 Months period ended September 30, 2023 as compared to Rs.26.65 for the 6 Months period ended September 30, 2022.

Financials	Half Year Ended FY2024	Half Year Ended FY2023	% Change
Total Income	₹462.0528 crs	₹481.8411 crs	-4.11%
Net Profit	₹59.5321 crs	₹45.1593 crs	31.83%
EPS	₹35.13	₹26.65	31.82%

Shares of Stylam Industries Limited was last trading in BSE at Rs. 1742.60 as compared to the previous close of Rs. 1697.40. The total number of shares traded during the day was 530 in over 120 trades.

The stock hit an intraday high of Rs. 1746.45 and intraday low of 1698.85. The net turnover during the day was Rs. 912820.00.