Softsol India Ltd posts consolidated PAT of Rs. 2.92 crore in Q2 FY24

SOFTSOL INDIA 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. 21.2116 crores during the period ended September 30, 2023 as compared to Rs. 19.7636 crores during the period ended June 30, 2023.

The company has posted net profit / (loss) of Rs. 2.9255 crores for the period ended September 30, 2023 as against net profit / (loss) of Rs. 2.4166 crores for the period ended June 30, 2023.

The company has reported EPS of Rs. 1.98 for the period ended September 30, 2023 as compared to Rs. 1.64 for the period ended June 30, 2023.

Financials	Q2 FY2024	Q1 FY2024	% Change
Total Income	₹21.2116 crs	₹19.7636 crs	7.33%
Net Profit	₹2.9255 crs	₹2.4166 crs	21.06%
EPS	₹1.98	₹1.64	20.73%

Financial Results (Q2 FY2024) - YoY Comparison

The company has reported total income of Rs.21.2116 crores during the period ended September 30, 2023 as compared to Rs.17.5549 crores during the period ended September 30, 2022.

The company has posted net profit / (loss) of Rs.2.9255 crores for the period ended September 30, 2023 as against net profit / (loss) of Rs.-3.0278 crores for the period ended September 30, 2022.

The company has reported EPS of Rs.1.98 for the period ended September 30, 2023 as compared to Rs.-1.80 for the period ended September 30, 2022.

Financials	Q2 FY2024	Q2 FY2023	% Change
Total Income	₹21.2116 crs	₹17.5549 crs	20.83%
Net Profit	₹2.9255 crs	₹-3.0278 crs	196.62%
EPS	₹1.98	₹-1.80	210.00%

Financial Results (Half Year Ended FY2024) - YoY Comparison

The company has reported total income of Rs.40.9752 crores during the 6 Months period ended September 30, 2023 as compared to Rs.20.6996 crores during the 6 Months period ended September 30, 2022.

The company has posted net profit / (loss) of Rs.5.3421 crores for the 6 Months period ended September 30, 2023 as against net profit / (loss) of Rs.-20.4238 crores for the 6 Months period ended September 30, 2022.

The company has reported EPS of Rs.3.62 for the 6 Months period ended September 30, 2023 as compared to Rs.-12.13 for the 6 Months period ended September 30, 2022.

Financials	Half Year Ended FY2024	Half Year Ended FY2023	% Change
Total Income	₹40.9752 crs	₹20.6996 crs	97.95%
Net Profit	₹5.3421 crs	₹-20.4238 crs	126.16%
EPS	₹3.62	₹-12.13	129.84%

Shares of SOFTSOL INDIA LTD. was last trading in BSE at Rs. 213.25 as compared to the previous close of Rs. 207.70. The total number of shares traded during the day was 696 in over 25 trades.

The stock hit an intraday high of Rs. 213.85 and intraday low of 200.60. The net turnover during the day was Rs. 147869.00.

Source : Equity Bulls

Keywords

SoftsolIndia Q2FY24 H1FY24 ResultUpdate