Stock Report

SAR Auto Products Ltd Q3 FY24 net profit higher at Rs. 49.48 lakhs

Posted On : 2024-01-23 14:11:24( TIMEZONE : IST )

SAR Auto Products Ltd has reported Standalone financial results for the period ended December 31, 2023.

Financial Results (Q3 FY2024) - QoQ Comparison

The company has reported total income of Rs. 5.8359 crores during the period ended December 31, 2023 as compared to Rs. 5.3469 crores during the period ended September 30, 2023.

The company has posted net profit / (loss) of Rs. 0.4948 crores for the period ended December 31, 2023 as against net profit / (loss) of Rs. 0.4241 crores for the period ended September 30, 2023.

The company has reported EPS of Rs. 1.04 for the period ended December 31, 2023 as compared to Rs. 0.89 for the period ended September 30, 2023.

Financials	Q3 FY2024	Q2 FY2024	% Change
Total Income	₹ 5.8359 crs	₹5.3469 crs	9.15%
Net Profit	₹0.4948 crs	₹0.4241 crs	16.67%
EPS	₹1.04	₹0.89	16.85%

Financial Results (Q3 FY2024) - YoY Comparison

The company has reported total income of Rs. 5.8359 crores during the period ended December 31, 2023 as compared to Rs.2.7179 crores during the period ended December 31, 2022.

The company has posted net profit / (loss) of Rs.0.4948 crores for the period ended December 31, 2023 as against net profit / (loss) of Rs.0.2427 crores for the period ended December 31, 2022.

The company has reported EPS of Rs.1.04 for the period ended December 31, 2023 as compared to Rs.0.51 for the period ended December 31, 2022.

Financials	Q3 FY2024	Q3 FY2023	% Change
Total Income	₹ 5.8359 crs	₹2.7179 crs	114.72%
Net Profit	₹0.4948 crs	₹0.2427 crs	103.87%
EPS	₹1.04	₹0.51	103.92%

Financial Results (9 Months Ended FY2024) - YoY Comparison

The company has reported total income of Rs.15.0688 crores during the 9 Months period ended December 31, 2023 as compared to Rs.8.1170 crores during the 9 Months period ended December 31, 2022.

The company has posted net profit / (loss) of Rs.1.2272 crores for the 9 Months period ended December 31, 2023 as against net profit / (loss) of Rs.0.9342 crores for the 9 Months period ended December 31, 2022.

The company has reported EPS of Rs.2.58 for the 9 Months period ended December 31, 2023 as compared to Rs.1.96 for the 9 Months period ended December 31, 2022.

Financials	9 Months Ended FY2024	9 Months Ended FY2023	% Change
Total Income	₹15.0688 crs	₹8.1170 crs	85.64%
Net Profit	₹1.2272 crs	₹0.9342 crs	31.36%
EPS	₹2.58	₹1.96	31.63%

Shares of SAR Auto Products Ltd was last trading in BSE at Rs. 1799.80 as compared to the previous close of Rs. 1823.00. The total number of shares traded during the day was 16 in over 5 trades.

The stock hit an intraday high of Rs. 1799.80 and intraday low of 1731.85. The net turnover during the day was Rs. 28457.00.