Stock Report

Globe Multi Ventures Ltd Q2 FY2023-24 net profit at Rs. 65.08 lakhs



Posted On : 2023-11-15 11:06:20( TIMEZONE : IST )

Globe Multi Ventures Ltd Q2 FY2023-24 net profit at Rs. 65.08 lakhs

Globe Commercials 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. 35.9808 crores during the period ended September 30, 2023 as compared to Rs. 35.2648 crores during the period ended June 30, 2023.

The company has posted net profit / (loss) of Rs. 0.6508 crores for the period ended September 30, 2023 as against net profit / (loss) of Rs. 0.6363 crores for the period ended June 30, 2023.

The company has reported EPS of Rs. 1.08 for the period ended September 30, 2023 as compared to Rs. 1.06 for the period ended June 30, 2023.

Financials Q2 FY2024 Q1 FY2024 % Change
Total Income ₹ 35.9808 crs ₹35.2648 crs Up Tick / Down Tick2.03%
Net Profit ₹0.6508 crs ₹0.6363 crs Up Tick / Down Tick2.28%
EPS ₹1.08 ₹1.06 Up Tick / Down Tick1.89%

Financial Results (Q2 FY2024) - YoY Comparison

The company has reported total income of Rs. 35.9808 crores during the period ended September 30, 2023 as compared to Rs.35.6862 crores during the period ended September 30, 2022.

The company has posted net profit / (loss) of Rs.0.6508 crores for the period ended September 30, 2023 as against net profit / (loss) of Rs.0.4420 crores for the period ended September 30, 2022.

The company has reported EPS of Rs.1.08 for the period ended September 30, 2023 as compared to Rs.1.47 for the period ended September 30, 2022.

Financials Q2 FY2024 Q2 FY2023 % Change
Total Income ₹ 35.9808 crs ₹35.6862 crs Up Tick / Down Tick0.83%
Net Profit ₹0.6508 crs ₹0.4420 crs Up Tick / Down Tick47.24%
EPS ₹1.08 ₹1.47 Up Tick / Down Tick-26.53%

Financial Results (Half Year Ended FY2024) - YoY Comparison

The company has reported total income of Rs.71.2456 crores during the 6 Months period ended September 30, 2023 as compared to Rs.68.7929 crores during the 6 Months period ended September 30, 2022.

The company has posted net profit / (loss) of Rs.1.2871 crores for the 6 Months period ended September 30, 2023 as against net profit / (loss) of Rs.1.0608 crores for the 6 Months period ended September 30, 2022.

The company has reported EPS of Rs.2.14 for the 6 Months period ended September 30, 2023 as compared to Rs.3.53 for the 6 Months period ended September 30, 2022.

Financials Half Year Ended FY2024 Half Year Ended FY2023 % Change
Total Income ₹71.2456 crs ₹68.7929 crs Up Tick / Down Tick3.57%
Net Profit ₹1.2871 crs ₹1.0608 crs Up Tick / Down Tick21.33%
EPS ₹2.14 ₹3.53 Up Tick / Down Tick-39.38%

Shares of Globe Commercials Ltd was last trading in BSE at Rs. 26.60 as compared to the previous close of Rs. 28.00. The total number of shares traded during the day was 289 in over 7 trades.

The stock hit an intraday high of Rs. 26.60 and intraday low of 26.60. The net turnover during the day was Rs. 7687.00.

Source : Equity Bulls

Keywords

GlobeCommercials Q2FY24 H1FY24 ResultUpdate