Stock Report

Asian Tea and Exports Ltd Q3 FY2024 consolidated profit up at Rs. 49.27 lakhs

Posted On : 2024-01-27 22:23:35( TIMEZONE : IST )

ASIAN TEA & EXPORTS LTD. has reported Consolidated financial results for the period ended December 31, 2023.

Financial Results (Q3 FY2024) - QoQ Comparison

The company has reported total income of Rs. 10.1953 crores during the period ended December 31, 2023 as compared to Rs. 10.3052 crores during the period ended September 30, 2023.

The company has posted net profit / (loss) of Rs. 0.4927 crores for the period ended December 31, 2023 as against net profit / (loss) of Rs. 0.1436 crores for the period ended September 30, 2023.

The company has reported EPS of Rs. 0.25 for the period ended December 31, 2023 as compared to Rs. 0.07 for the period ended September 30, 2023.

Financials	Q3 FY2024	Q2 FY2024	% Change
Total Income	₹ 10.1953 crs	₹10.3052 crs	-1.07%
Net Profit	₹0.4927 crs	₹0.1436 crs	243.11%
EPS	₹0.25	₹0.07	257.14%

Financial Results (Q3 FY2024) - YoY Comparison

The company has reported total income of Rs. 10.1953 crores during the period ended December 31, 2023 as compared to Rs.7.1583 crores during the period ended December 31, 2022.

The company has posted net profit / (loss) of Rs.0.4927 crores for the period ended December 31, 2023 as against net profit / (loss) of Rs.0.3009 crores for the period ended December 31, 2022.

The company has reported EPS of Rs.0.25 for the period ended December 31, 2023 as compared to Rs.0.15 for the period ended December 31, 2022.

Financials	Q3 FY2024	Q3 FY2023	% Change
Total Income	₹ 10.1953 crs	₹7.1583 crs	42.43%
Net Profit	₹0.4927 crs	₹0.3009 crs	63.74%
EPS	₹0.25	₹0.15	66.67%

Financial Results (9 Months Ended FY2024) - YoY Comparison

The company has reported total income of Rs.26.8046 crores during the 9 Months period ended December 31, 2023 as compared to Rs.27.8511 crores during the 9 Months period ended December 31, 2022.

The company has posted net profit / (loss) of Rs.1.1725 crores for the 9 Months period ended December 31, 2023 as against net profit / (loss) of Rs.1.9672 crores for the 9 Months period ended December 31, 2022.

The company has reported EPS of Rs.0.59 for the 9 Months period ended December 31, 2023 as compared to Rs.0.98 for the 9 Months period ended December 31, 2022.

Financials	9 Months Ended FY2024	9 Months Ended FY2023	% Change
Total Income	₹26.8046 crs	₹27.8511 crs	-3.76%
Net Profit	₹1.1725 crs	₹1.9672 crs	-40.40%
EPS	₹0.59	₹0.98	-39.80%

Shares of ASIAN TEA & EXPORTS LTD. was last trading in BSE at Rs. 17.17 as compared to the previous close of Rs. 16.84. The total number of shares traded during the day was 35212 in over 226 trades.

The stock hit an intraday high of Rs. 17.50 and intraday low of 16.66. The net turnover during the day was Rs. 602812.00.