Stock Report

Abans Enterprises Ltd consolidated Q2 FY2023-24 net profit slips to Rs. 2.22 crore



Posted On : 2023-11-13 13:41:07( TIMEZONE : IST )

Abans Enterprises Ltd consolidated Q2 FY2023-24 net profit slips to Rs. 2.22 crore

Abans Enterprises 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. 437.8367 crores during the period ended September 30, 2023 as compared to Rs. 281.0848 crores during the period ended June 30, 2023.

The company has posted net profit / (loss) of Rs. 2.2286 crores for the period ended September 30, 2023 as against net profit / (loss) of Rs. 3.3150 crores for the period ended June 30, 2023.

The company has reported EPS of Rs. 1.66 for the period ended September 30, 2023 as compared to Rs. 2.57 for the period ended June 30, 2023.

Financials Q2 FY2024 Q1 FY2024 % Change
Total Income ₹ 437.8367 crs ₹281.0848 crs Up Tick / Down Tick55.77%
Net Profit ₹2.2286 crs ₹3.3150 crs Up Tick / Down Tick-32.77%
EPS ₹1.66 ₹2.57 Up Tick / Down Tick-35.41%

Financial Results (Q2 FY2024) - YoY Comparison

The company has reported total income of Rs. 437.8367 crores during the period ended September 30, 2023 as compared to Rs.591.5298 crores during the period ended September 30, 2022.

The company has posted net profit / (loss) of Rs.2.2286 crores for the period ended September 30, 2023 as against net profit / (loss) of Rs.2.7955 crores for the period ended September 30, 2022.

The company has reported EPS of Rs.1.66 for the period ended September 30, 2023 as compared to Rs.2.15 for the period ended September 30, 2022.

Financials Q2 FY2024 Q2 FY2023 % Change
Total Income ₹ 437.8367 crs ₹591.5298 crs Up Tick / Down Tick-25.98%
Net Profit ₹2.2286 crs ₹2.7955 crs Up Tick / Down Tick-20.28%
EPS ₹1.66 ₹2.15 Up Tick / Down Tick-22.79%

Financial Results (Half Year Ended FY2024) - YoY Comparison

The company has reported total income of Rs.718.9215 crores during the 6 Months period ended September 30, 2023 as compared to Rs.1087.5375 crores during the 6 Months period ended September 30, 2022.

The company has posted net profit / (loss) of Rs.5.5436 crores for the 6 Months period ended September 30, 2023 as against net profit / (loss) of Rs.11.5048 crores for the 6 Months period ended September 30, 2022.

The company has reported EPS of Rs.4.23 for the 6 Months period ended September 30, 2023 as compared to Rs.8.80 for the 6 Months period ended September 30, 2022.

Financials Half Year Ended FY2024 Half Year Ended FY2023 % Change
Total Income ₹718.9215 crs ₹1087.5375 crs Up Tick / Down Tick-33.89%
Net Profit ₹5.5436 crs ₹11.5048 crs Up Tick / Down Tick-51.81%
EPS ₹4.23 ₹8.80 Up Tick / Down Tick-51.93%

Shares of Abans Enterprises Ltd was last trading in BSE at Rs. 150.05 as compared to the previous close of Rs. 149.50. The total number of shares traded during the day was 2322 in over 15 trades.

The stock hit an intraday high of Rs. 153.95 and intraday low of 146.05. The net turnover during the day was Rs. 353903.00.

Source : Equity Bulls

Keywords

AbansEnterprises Q2FY24 H1FY24 ResultUpdate