Borosil Limited’s Financial Performance: Q1 FY2024 Insights and Bold Moves
QoQ Performance: Riding the Waves
Borosil Limited, the glassware juggernaut, unveiled its Q1 FY2024 consolidated financial results, showcasing intriguing changes over the past quarter.
- Total Income: ₹ 252.7493 crores, a slight dip from ₹ 264.3136 crores (March 2023).
- Net Profit/(Loss): ₹ 7.2252 crores, a substantial shift from ₹ 22.0898 crores (March 2023).
- Earnings Per Share (EPS): ₹ 0.63, down from ₹ 1.93 (March 2023).
This paints an intriguing picture of Borosil’s recent financial landscape.
YoY Progress: Steady Growth Amidst Challenges
Comparing Q1 FY2024 with the same period last year, Borosil Limited continues to steer through the tides of change.
- Total Income: ₹ 252.7493 crores, a robust surge from ₹ 217.9805 crores (June 2022).
- Net Profit/(Loss): ₹ 7.2252 crores, demonstrating resilience against ₹ 19.2543 crores (June 2022).
- Earnings Per Share (EPS): ₹ 0.63, showcasing steady progress from ₹ 1.69 (June 2022).
In a dynamic market, Borosil’s performance maintains its upward trajectory.
Market Impact: Trading and Turnover
On the trading front, Borosil Limited’s shares made noteworthy movements:
- Last trading price: ₹ 453.65, compared to the prior close of ₹ 446.40.
- Shares traded: 92,320 in over 6,090 trades.
- Intraday high: ₹ 456.40, intraday low: ₹ 446.35.
- Net turnover during the day: ₹ 41,777,194.00.
These figures reveal the company’s active presence in the market.
Borosil Limited’s financial report leaves us with a vivid snapshot of its recent performance, reflecting both challenges and triumphs in the ever-evolving economic landscape.