Stock Report

Archean Chemical Industries Ltd Q3 FY2023-24 consolidated net profit at Rs. 101.52 crores



Posted On : 2024-02-04 19:34:50( TIMEZONE : IST )

Archean Chemical Industries Ltd Q3 FY2023-24 consolidated net profit at Rs. 101.52 crores

Archean Chemical Industries Limited 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. 421.8654 crores during the period ended December 31, 2023 as compared to Rs. 301.6565 crores during the period ended September 30, 2023.

The company has posted net profit / (loss) of Rs. 101.5279 crores for the period ended December 31, 2023 as against net profit / (loss) of Rs. 66.0006 crores for the period ended September 30, 2023.

The company has reported EPS of Rs. 8.23 for the period ended December 31, 2023 as compared to Rs. 5.34 for the period ended September 30, 2023.

Financials Q3 FY2024 Q2 FY2024 % Change
Total Income ₹ 421.8654 crs ₹301.6565 crs Up Tick / Down Tick39.85%
Net Profit ₹101.5279 crs ₹66.0006 crs Up Tick / Down Tick53.83%
EPS ₹8.23 ₹5.34 Up Tick / Down Tick54.12%

Financial Results (Q3 FY2024) - YoY Comparison

The company has reported total income of Rs. 421.8654 crores during the period ended December 31, 2023 as compared to Rs.372.3965 crores during the period ended December 31, 2022.

The company has posted net profit / (loss) of Rs.101.5279 crores for the period ended December 31, 2023 as against net profit / (loss) of Rs.98.0607 crores for the period ended December 31, 2022.

The company has reported EPS of Rs.8.23 for the period ended December 31, 2023 as compared to Rs.8.71 for the period ended December 31, 2022.

Financials Q3 FY2024 Q3 FY2023 % Change
Total Income ₹ 421.8654 crs ₹372.3965 crs Up Tick / Down Tick13.28%
Net Profit ₹101.5279 crs ₹98.0607 crs Up Tick / Down Tick3.54%
EPS ₹8.23 ₹8.71 Up Tick / Down Tick-5.51%

Financial Results (9 Months Ended FY2024) - YoY Comparison

The company has reported total income of Rs.1077.5452 crores during the 9 Months period ended December 31, 2023 as compared to Rs.1093.6310 crores during the 9 Months period ended December 31, 2022.

The company has posted net profit / (loss) of Rs.261.3847 crores for the 9 Months period ended December 31, 2023 as against net profit / (loss) of Rs.246.0497 crores for the 9 Months period ended December 31, 2022.

The company has reported EPS of Rs.21.21 for the 9 Months period ended December 31, 2023 as compared to Rs.23.13 for the 9 Months period ended December 31, 2022.

Financials 9 Months Ended FY2024 9 Months Ended FY2023 % Change
Total Income ₹1077.5452 crs ₹1093.6310 crs Up Tick / Down Tick-1.47%
Net Profit ₹261.3847 crs ₹246.0497 crs Up Tick / Down Tick6.23%
EPS ₹21.21 ₹23.13 Up Tick / Down Tick-8.30%

Shares of Archean Chemical Industries Limited was last trading in BSE at Rs. 619.50 as compared to the previous close of Rs. 627.60. The total number of shares traded during the day was 7927 in over 691 trades.

The stock hit an intraday high of Rs. 636.00 and intraday low of 617.35. The net turnover during the day was Rs. 4953170.00.

Source : Equity Bulls

Keywords

ArcheanChemicalIndustries Q3FY24 9MFY24 ResultUpdate