Stock Report

Ddev Plastiks Industries Ltd posts net profit of Rs. 42.26 crores in Q2 FY24

Posted On : 2023-11-13 12:37:28( TIMEZONE : IST )

Ddev Plastiks Industries 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. 647.8104 crores during the period ended September 30, 2023 as compared to Rs. 645.5055 crores during the period ended June 30, 2023.

The company has posted net profit / (loss) of Rs. 42.2656 crores for the period ended September 30, 2023 as against net profit / (loss) of Rs. 37.8104 crores for the period ended June 30, 2023.

The company has reported EPS of Rs. 4.08 for the period ended September 30, 2023 as compared to Rs. 3.65 for the period ended June 30, 2023.

Financials	Q2 FY2024	Q1 FY2024	% Change
Total Income	₹ 647.8104 crs	₹645.5055 crs	0.36%
Net Profit	₹42.2656 crs	₹37.8104 crs	11.78%
EPS	₹4.08	₹3.65	11.78%

Financial Results (Q2 FY2024) - YoY Comparison

The company has reported total income of Rs. 647.8104 crores during the period ended September 30, 2023 as compared to Rs.656.0211 crores during the period ended September 30, 2022.

The company has posted net profit / (loss) of Rs.42.2656 crores for the period ended September 30, 2023 as against net profit / (loss) of Rs.18.7131 crores for the period ended September 30, 2022.

The company has reported EPS of Rs.4.08 for the period ended September 30, 2023 as compared to Rs.1.99 for the period ended September 30, 2022.

Financials	Q2 FY2024	Q2 FY2023	% Change
Total Income	₹ 647.8104 crs	₹656.0211 crs	-1.25%
Net Profit	₹42.2656 crs	₹18.7131 crs	125.86%
EPS	₹4.08	₹1.99	105.03%

Financial Results (Half Year Ended FY2024) - YoY Comparison

The company has reported total income of Rs.1293.3158 crores during the 6 Months period ended September 30, 2023 as compared to Rs.1198.2104 crores during the 6 Months period ended September 30, 2022.

The company has posted net profit / (loss) of Rs.80.0760 crores for the 6 Months period ended September 30, 2023 as against net profit / (loss) of Rs.33.0332 crores for the 6 Months period ended September 30, 2022.

The company has reported EPS of Rs.7.74 for the 6 Months period ended September 30, 2023 as compared to Rs.3.51 for the 6 Months period ended September 30, 2022.

Financials	Half Year Ended FY2024	Half Year Ended FY2023	% Change
Total Income	₹1293.3158 crs	₹1198.2104 crs	7.94%
Net Profit	₹80.0760 crs	₹33.0332 crs	142.41%
EPS	₹7.74	₹3.51	120.51%

Shares of Ddev Plastiks Industries Ltd was last trading in BSE at Rs. 207.80 as compared to the previous close of Rs. 209.40. The total number of shares traded during the day was 127530 in over 845 trades.

The stock hit an intraday high of Rs. 209.10 and intraday low of 203.40. The net turnover during the day was Rs. 26456560.00.