Bannari Amman Sugars Q2 FY24 results: profit rise by 81.27% YOY
Bannari Amman Sugars Q2 FY24 results: Revenue increased by 17.66% YoY & profit increased by 81.27% YoY
Bannari Amman Sugars declared their Q2 FY24 results on 25 Oct, 2023. The topline increased by 17.66% & the profit increased by 81.27% YoY. As compared to the previous quarter the revenue grew by 39.29% and the profit increased by 259.14%.
The Selling, general & administrative expenses rose by 4.43% q-o-q & increased by 8.24% Y-o-Y.
The operating income was up by 165.43% q-o-q & increased by 57.7% Y-o-Y.
The EPS is ₹38.93 for Q2 FY24 which increased by 81.32% Y-o-Y.
Bannari Amman Sugars has delivered -3.04% return in the last 1 week, -8.87% return in last 6 months and -8.28% YTD return.
Currently the Bannari Amman Sugars has a market cap of ₹3212.67 Cr and 52wk high/low of ₹3194 & ₹2532.1 respectively.
Bannari Amman Sugars Financials
| Period | Q2 FY24 | Q1 FY24 | Q-o-Q Growth | Q2 FY23 | Y-o-Y Growth |
|---|---|---|---|---|---|
| Total Revenue | 600.13 | 430.86 | +39.29% | 510.06 | +17.66% |
| Selling/ General/ Admin Expenses Total | 35.84 | 34.32 | +4.43% | 33.11 | +8.24% |
| Depreciation/ Amortization | 14.36 | 14.13 | +1.64% | 18.73 | -23.36% |
| Total Operating Expense | 522.11 | 401.46 | +30.05% | 460.59 | +13.36% |
| Operating Income | 78.03 | 29.4 | +165.43% | 49.48 | +57.7% |
| Net Income Before Taxes | 72.61 | 20.4 | +255.87% | 37.99 | +91.14% |
| Net Income | 48.81 | 13.59 | +259.14% | 26.93 | +81.27% |
| Diluted Normalized EPS | 38.93 | 10.84 | +259.13% | 21.47 | +81.32% |
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