Stock Report

Riddhi Corporate Services Ltd Q2FY24 net profit slides to Rs. 1.03 crore



Posted On : 2023-11-13 20:43:31( TIMEZONE : IST )

Riddhi Corporate Services Ltd Q2FY24 net profit slides to Rs. 1.03 crore

Riddhi Corporate Services 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. 45.8626 crores during the period ended September 30, 2023 as compared to Rs. 48.2812 crores during the period ended June 30, 2023.

The company has posted net profit / (loss) of Rs. 1.0311 crores for the period ended September 30, 2023 as against net profit / (loss) of Rs. 1.6830 crores for the period ended June 30, 2023.

The company has reported EPS of Rs. 0.87 for the period ended September 30, 2023 as compared to Rs. 1.42 for the period ended June 30, 2023.

Financials Q2 FY2024 Q1 FY2024 % Change
Total Income ₹ 45.8626 crs ₹48.2812 crs Up Tick / Down Tick-5.01%
Net Profit ₹1.0311 crs ₹1.6830 crs Up Tick / Down Tick-38.73%
EPS ₹0.87 ₹1.42 Up Tick / Down Tick-38.73%

Financial Results (Q2 FY2024) - YoY Comparison

The company has reported total income of Rs. 45.8626 crores during the period ended September 30, 2023 as compared to Rs.50.0277 crores during the period ended September 30, 2022.

The company has posted net profit / (loss) of Rs.1.0311 crores for the period ended September 30, 2023 as against net profit / (loss) of Rs.2.2523 crores for the period ended September 30, 2022.

The company has reported EPS of Rs.0.87 for the period ended September 30, 2023 as compared to Rs.1.98 for the period ended September 30, 2022.

Financials Q2 FY2024 Q2 FY2023 % Change
Total Income ₹ 45.8626 crs ₹50.0277 crs Up Tick / Down Tick-8.33%
Net Profit ₹1.0311 crs ₹2.2523 crs Up Tick / Down Tick-54.22%
EPS ₹0.87 ₹1.98 Up Tick / Down Tick-56.06%

Financial Results (Half Year Ended FY2024) - YoY Comparison

The company has reported total income of Rs.94.1438 crores during the 6 Months period ended September 30, 2023 as compared to Rs.92.9838 crores during the 6 Months period ended September 30, 2022.

The company has posted net profit / (loss) of Rs.2.7141 crores for the 6 Months period ended September 30, 2023 as against net profit / (loss) of Rs.3.3588 crores for the 6 Months period ended September 30, 2022.

The company has reported EPS of Rs.2.29 for the 6 Months period ended September 30, 2023 as compared to Rs.2.95 for the 6 Months period ended September 30, 2022.

Financials Half Year Ended FY2024 Half Year Ended FY2023 % Change
Total Income ₹94.1438 crs ₹92.9838 crs Up Tick / Down Tick1.25%
Net Profit ₹2.7141 crs ₹3.3588 crs Up Tick / Down Tick-19.19%
EPS ₹2.29 ₹2.95 Up Tick / Down Tick-22.37%

Shares of Riddhi Corporate Services Ltd was last trading in BSE at Rs. 145.85 as compared to the previous close of Rs. 148.80. The total number of shares traded during the day was 2448 in over 19 trades.

The stock hit an intraday high of Rs. 145.85 and intraday low of 145.85. The net turnover during the day was Rs. 357040.00.

Source : Equity Bulls

Keywords

RiddhiCorporateServices Q2FY24 H1FY24 ResultUpdate