Stock Report

Facor Alloys Ltd Q2 FY24 consolidated loss at Rs. 46.58 lakhs



Posted On : 2023-11-14 18:11:05( TIMEZONE : IST )

Facor Alloys Ltd Q2 FY24 consolidated loss at Rs. 46.58 lakhs

FACOR ALLOYS 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. 48.5796 crores during the period ended September 30, 2023 as compared to Rs. 100.0330 crores during the period ended June 30, 2023.

The company has posted net profit / (loss) of Rs. -0.4658 crores for the period ended September 30, 2023 as against net profit / (loss) of Rs. -8.0523 crores for the period ended June 30, 2023.

The company has reported EPS of Rs. -0.02 for the period ended September 30, 2023 as compared to Rs. -0.41 for the period ended June 30, 2023.

Financials Q2 FY2024 Q1 FY2024 % Change
Total Income ₹ 48.5796 crs ₹100.0330 crs Up Tick / Down Tick-51.44%
Net Profit ₹-0.4658 crs ₹-8.0523 crs Up Tick / Down Tick94.22%
EPS ₹-0.02 ₹-0.41 Up Tick / Down Tick95.12%

Financial Results (Q2 FY2024) - YoY Comparison

The company has reported total income of Rs. 48.5796 crores during the period ended September 30, 2023 as compared to Rs.70.1007 crores during the period ended September 30, 2022.

The company has posted net profit / (loss) of Rs.-0.4658 crores for the period ended September 30, 2023 as against net profit / (loss) of Rs.22.2804 crores for the period ended September 30, 2022.

The company has reported EPS of Rs.-0.02 for the period ended September 30, 2023 as compared to Rs.1.14 for the period ended September 30, 2022.

Financials Q2 FY2024 Q2 FY2023 % Change
Total Income ₹ 48.5796 crs ₹70.1007 crs Up Tick / Down Tick-30.70%
Net Profit ₹-0.4658 crs ₹22.2804 crs Up Tick / Down Tick-102.09%
EPS ₹-0.02 ₹1.14 Up Tick / Down Tick-101.75%

Financial Results (Half Year Ended FY2024) - YoY Comparison

The company has reported total income of Rs.148.6126 crores during the 6 Months period ended September 30, 2023 as compared to Rs.132.5968 crores during the 6 Months period ended September 30, 2022.

The company has posted net profit / (loss) of Rs.-8.5181 crores for the 6 Months period ended September 30, 2023 as against net profit / (loss) of Rs.24.1898 crores for the 6 Months period ended September 30, 2022.

The company has reported EPS of Rs.-0.44 for the 6 Months period ended September 30, 2023 as compared to Rs.1.24 for the 6 Months period ended September 30, 2022.

Financials Half Year Ended FY2024 Half Year Ended FY2023 % Change
Total Income ₹148.6126 crs ₹132.5968 crs Up Tick / Down Tick12.08%
Net Profit ₹-8.5181 crs ₹24.1898 crs Up Tick / Down Tick-135.21%
EPS ₹-0.44 ₹1.24 Up Tick / Down Tick-135.48%

Shares of FACOR ALLOYS LTD. was last trading in BSE at Rs. 8.58 as compared to the previous close of Rs. 8.79. The total number of shares traded during the day was 377775 in over 891 trades.

The stock hit an intraday high of Rs. 8.85 and intraday low of 8.50. The net turnover during the day was Rs. 3248493.00.

Source : Equity Bulls

Keywords

FacorAlloys Q2FY24 H1FY24 ResultUpdate