Ruchi Infrastructure Reports Stellar Q1 Performance with Soaring Profits
Ruchi Infrastructure has reported exceptional Q1 financial results. Standalone revenue increased by 11.9% QoQ to Rs 10.93 crore, while net profit surged to Rs 7.38 crore from Rs 1.39 crore in the previous quarter. Consolidated revenue grew by 16.1% QoQ to Rs 16.53 crore, with net profit jumping to Rs 8.58 crore from Rs 0.96 crore. Standalone EPS improved to Rs 0.28, while consolidated EPS reached Rs 0.33. The company's performance indicates strong growth and operational efficiency across both standalone and consolidated operations.
*this image is generated using AI for illustrative purposes only.
Ruchi Infrastructure has reported a remarkable financial performance for the first quarter, showcasing substantial growth in both revenue and profitability.
Standalone Performance Highlights
The company's standalone financials paint a picture of robust growth:
- Revenue surged to Rs 10.93 crore, marking an impressive increase of 11.9% quarter-on-quarter and 10.4% year-on-year.
- Net profit skyrocketed to Rs 7.38 crore, a significant leap from Rs 1.39 crore in the previous quarter and Rs 0.77 crore in the same quarter last year.
- Earnings per share (EPS) showed remarkable improvement, reaching Rs 0.28 compared to Rs 0.03 in the previous quarter.
Consolidated Results Demonstrate Strong Growth
On a consolidated basis, Ruchi Infrastructure's performance was equally impressive:
- Revenue reached Rs 16.53 crore, reflecting a solid growth of 16.1% quarter-on-quarter and 4.7% year-on-year.
- Net profit saw a dramatic increase to Rs 8.58 crore, up from Rs 0.96 crore in the previous quarter and Rs 2.20 crore in the corresponding quarter of the previous year.
- Consolidated EPS stood at Rs 0.33, a substantial improvement from Rs 0.01 in the previous quarter.
Financial Results at a Glance
| Particulars (Rs. in Lacs) | Q1 (Standalone) | Q1 (Consolidated) |
|---|---|---|
| Total Income | 1,093 | 1,653 |
| Net Profit Before Tax | 788 | 916 |
| Net Profit After Tax | 738 | 858 |
| EPS (Rs.) | 0.28 | 0.33 |
Management Commentary
While specific management comments were not provided, the significant improvement in financial metrics across both standalone and consolidated results suggests effective execution of the company's business strategies and potential market opportunities capitalized during the quarter.
Disclosure and Compliance
In compliance with regulatory requirements, Ruchi Infrastructure published these unaudited results in newspapers. The company also filed an intimation with the stock exchanges regarding the publication of these financial results, as per SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.
Investors and stakeholders can access the detailed quarterly financial results on the company's website as well as on the websites of BSE and NSE.
The stellar Q1 results underscore Ruchi Infrastructure's strong financial health and operational efficiency, potentially positioning the company for continued growth in the coming quarters.
Historical Stock Returns for Ruchi Infrastructure
| 1 Day | 5 Days | 1 Month | 6 Months | 1 Year | 5 Years |
|---|---|---|---|---|---|
| -1.95% | -3.30% | -3.30% | -16.11% | -40.92% | +0.43% |
18
