Stock Report

Sambandam Spinning Mills Ltd Q3 FY24 consolidated loss at Rs. 3.73 crore



Posted On : 2024-02-04 19:36:36( TIMEZONE : IST )

Sambandam Spinning Mills Ltd Q3 FY24 consolidated loss at Rs. 3.73 crore

SAMBANDAM SPINNING MILLS 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. 54.2041 crores during the period ended December 31, 2023 as compared to Rs. 50.8954 crores during the period ended September 30, 2023.

The company has posted net profit / (loss) of Rs. -3.7384 crores for the period ended December 31, 2023 as against net profit / (loss) of Rs. 0.3279 crores for the period ended September 30, 2023.

The company has reported EPS of Rs. -8.77 for the period ended December 31, 2023 as compared to Rs. 0.77 for the period ended September 30, 2023.

Financials Q3 FY2024 Q2 FY2024 % Change
Total Income ₹ 54.2041 crs ₹50.8954 crs Up Tick / Down Tick6.50%
Net Profit ₹-3.7384 crs ₹0.3279 crs Up Tick / Down Tick-1,240.10%
EPS ₹-8.77 ₹0.77 Up Tick / Down Tick-1,238.96%

Financial Results (Q3 FY2024) - YoY Comparison

The company has reported total income of Rs. 54.2041 crores during the period ended December 31, 2023 as compared to Rs.56.5512 crores during the period ended December 31, 2022.

The company has posted net profit / (loss) of Rs.-3.7384 crores for the period ended December 31, 2023 as against net profit / (loss) of Rs.-7.2768 crores for the period ended December 31, 2022.

The company has reported EPS of Rs.-8.77 for the period ended December 31, 2023 as compared to Rs.-17.06 for the period ended December 31, 2022.

Financials Q3 FY2024 Q3 FY2023 % Change
Total Income ₹ 54.2041 crs ₹56.5512 crs Up Tick / Down Tick-4.15%
Net Profit ₹-3.7384 crs ₹-7.2768 crs Up Tick / Down Tick48.63%
EPS ₹-8.77 ₹-17.06 Up Tick / Down Tick48.59%

Financial Results (9 Months Ended FY2024) - YoY Comparison

The company has reported total income of Rs.157.9665 crores during the 9 Months period ended December 31, 2023 as compared to Rs.214.1415 crores during the 9 Months period ended December 31, 2022.

The company has posted net profit / (loss) of Rs.-6.5243 crores for the 9 Months period ended December 31, 2023 as against net profit / (loss) of Rs.-11.1225 crores for the 9 Months period ended December 31, 2022.

The company has reported EPS of Rs.-15.30 for the 9 Months period ended December 31, 2023 as compared to Rs.-26.08 for the 9 Months period ended December 31, 2022.

Financials 9 Months Ended FY2024 9 Months Ended FY2023 % Change
Total Income ₹157.9665 crs ₹214.1415 crs Up Tick / Down Tick-26.23%
Net Profit ₹-6.5243 crs ₹-11.1225 crs Up Tick / Down Tick41.34%
EPS ₹-15.30 ₹-26.08 Up Tick / Down Tick41.33%

Shares of SAMBANDAM SPINNING MILLS LTD. was last trading in BSE at Rs. 169.45 as compared to the previous close of Rs. 171.50. The total number of shares traded during the day was 353 in over 13 trades.

The stock hit an intraday high of Rs. 171.55 and intraday low of 168.50. The net turnover during the day was Rs. 59638.00.

Source : Equity Bulls

Keywords

SambandamSpinningMills Q3FY24 9MFY24 ResultUpdate