Automotive Stampings and Assemblies Ltd Q3FY24 PAT climbs to Rs. 4.73 crores

Automotive Stampings and Assemblies Limited 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. 216.6496 crores during the period ended December 31, 2023 as compared to Rs. 212.3160 crores during the period ended September 30, 2023.

The company has posted net profit / (loss) of Rs. 4.7395 crores for the period ended December 31, 2023 as against net profit / (loss) of Rs. 3.9850 crores for the period ended September 30, 2023.

The company has reported EPS of Rs. 2.99 for the period ended December 31, 2023 as compared to Rs. 2.51 for the period ended September 30, 2023.

Financials	Q3 FY2024	Q2 FY2024	% Change
Total Income	₹ 216.6496 crs	₹212.3160 crs	2.04%
Net Profit	₹4.7395 crs	₹3.9850 crs	18.93%
EPS	₹2.99	₹2.51	19.12%

Financial Results (Q3 FY2024) - YoY Comparison

The company has reported total income of Rs. 216.6496 crores during the period ended December 31, 2023 as compared to Rs.193.5411 crores during the period ended December 31, 2022.

The company has posted net profit / (loss) of Rs.4.7395 crores for the period ended December 31, 2023 as against net profit / (loss) of Rs.2.0361 crores for the period ended December 31, 2022.

The company has reported EPS of Rs.2.99 for the period ended December 31, 2023 as compared to Rs.1.28 for the period ended December 31, 2022.

Financials	Q3 FY2024	Q3 FY2023	% Change
Total Income	₹ 216.6496 crs	₹193.5411 crs	11.94%
Net Profit	₹4.7395 crs	₹2.0361 crs	132.77%
EPS	₹2.99	₹1.28	133.59%

Financial Results (9 Months Ended FY2024) - YoY Comparison

The company has reported total income of Rs.648.2932 crores during the 9 Months period ended December 31, 2023 as compared to Rs.619.7196 crores during the 9 Months period ended December 31, 2022.

The company has posted net profit / (loss) of Rs.12.5506 crores for the 9 Months period ended December 31, 2023 as against net profit / (loss) of Rs.4.9515 crores for the 9 Months period ended December 31, 2022.

The company has reported EPS of Rs.7.91 for the 9 Months period ended December 31, 2023 as compared to Rs.3.12 for the 9 Months period ended December 31, 2022.

Financials	9 Months Ended FY2024	9 Months Ended FY2023	% Change
Total Income	₹648.2932 crs	₹619.7196 crs	4.61%
Net Profit	₹12.5506 crs	₹4.9515 crs	153.47%
EPS	₹7.91	₹3.12	153.53%

Shares of Automotive Stampings and Assemblies Limited was last trading in BSE at Rs. 486.55 as compared to the previous close of Rs. 455.35. The total number of shares traded during the day was 18059 in over 1041 trades.

The stock hit an intraday high of Rs. 489.00 and intraday low of 454.90. The net turnover during the day was Rs. 8671736.00.

Source : Equity Bulls

Keywords

AutomotiveStampingsandAssemblies Q3FY24 9MFY24 ResultUpdate