Bannari Amman Sugars Q2 FY24 results revealed as profit rise by 81.27% YOY

In this article, we are going to discuss the Bannari Amman Sugars Q2 FY24 results. Recently, the Bannari Amman Sugars released their official Q2 FY24 results. The company has shared shocking results. The results are very shocking in the entire market right now. The Q2 FY24 results have shown that the revenue has increased by 17.66% YoY and the profits have increased by 81.27% YoY. The marketers were very shocked after they saw the results because the results were unexpected. Somewhere the results are pretty good because we have seen an increase in the profit and revenue. Read this article till last to know everything regarding the Bannari Amman Sugars Q2 FY24 results.

Bannari Amman Sugars

Bannari Amman Sugars Q2 FY24 results

The Bannari Amman Sugars officially declared the Q2 FY24 results on Friday, 25th October 20923. The results have clearly shown that the topline has increased by a total of 17.66% and the biggest news is that the profit has also increased by 81.27% YoY. If we compare the Bannari Amman Sugars Q2 FY24 results with the previous quarter the revenue grew by 39.29% and the profits increased by 259.14%. The selling, general, and administrative expenses have risen by 4.43% QoQ and it has increased by 8.24% YoY. Continue reading this article till the last line of this article.

As per the results, the operating income has been seen up by 165.43% QoQ and it increased by 57.7% YoY. And the EPS of Rs. 38.93 for the Q2 FY24 has been seen increasing by a total of 81.32% YoY. The company has delivered a negative return of -3.04% in the last 1 week and has also delivered a negative return of -8.87% in the last 6 months whereas on the other hand, the company has delivered a YTD return of -8.28%. To know more about the results look at the next paragraph of this article.

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According to the reports, at this time the Bannari Amman Sugars has a market cap of rs. 3212.67 crore. It has their 52wk high/low of Rs. 3194 and Rs. 2532.1. The Bannari Amman Sugars Q2 FY24 profit/loss is Rs. 48.81 crore and the Bannari Amman Sugars Q2 FY24 revenue is Rs. 600.13 crore. If we look at the revenue of Bannari Amman Sugars Financials Q2 FY24 it is Rs. 600.13, The Q1 FY revenue is Rs. 430.86. The QoQ growth has been recorded in the increase of 39.29%, And the YoY growth has been seen increasing by 17.66%. The Q2 FY23 revue is 510.06. More details are to be shared very soon only on techballad.

Prakash Israni
Prakash Israni

Prakash, the content creator for Techballad, has built a solid reputation for himself over the course of more than ten years of blogging