Ashapura Minechem · NSE: ASHAPURMIN · BSE: 527001

Q2 FY24 results · Jul–Sep 2023

Ashapura Minechem reported revenue from operations of ₹554.07 crore (up 180.2% from Q2 FY23) and net profit of ₹58.16 crore (up 910.9% from Q2 FY23) for Q2 FY24 (Jul–Sep 2023), on a consolidated basis.

Consolidated · ₹ crore
Item	Q2 FY24	Q2 FY23	YoY	Q1 FY24	QoQ
Revenue from operations	554.07	197.74	+180.2%	1,017.96	−45.6%
Other income	21.71	27.81	−21.9%	32.20	−32.6%
Total income	575.78	225.56	+155.3%	1,050.16	−45.2%
Profit before share of associates & JVs and tax	31.27	1.25	25x	102.67	−69.5%
Share of profit/(loss) of associates & JVs	30.51	4.57		5.49
Net profit for the period	58.16	5.75	+910.9%	101.98	−43.0%
Attributable to shareholders of the company	59.33	5.08	12x	102.81	−42.3%
EPS, basic (₹)	6.49	0.56	12x	11.24	−42.3%
Net margin (%)	10.5	2.9		10.0

This company reports a share of profit/(loss) from associates and joint ventures. BSE’s filing format records that share after tax, so it is shown on its own line. The company’s own statement may add it before its “profit before tax” line.

Standalone · ₹ crore
Item	Q2 FY24	Q2 FY23	YoY	Q1 FY24	QoQ
Revenue from operations	66.65	47.25	+41.1%	90.73	−26.5%
Other income	4.84	10.62	−54.4%	3.17	+52.7%
Total income	71.49	57.87	+23.5%	93.89	−23.9%
Profit before tax	17.76	(7.43)	Turned profit	35.74	−50.3%
Net profit for the period	18.97	(7.43)	Turned profit	42.26	−55.1%
EPS, basic (₹)	2.07	(0.81)	Turned profit	4.62	−55.1%
Net margin (%)	28.5	-15.7		46.6

Consolidated

Filed with BSE: 24 Nov 2023, 12:16 IST
Board meeting: 06 Nov 2023
Period: 01 Jul 2023 to 30 Sep 2023
Review status: Unaudited
Source: XBRL filing on BSE

Standalone

Filed with BSE: 24 Nov 2023, 12:16 IST
Board meeting: 06 Nov 2023
Period: 01 Jul 2023 to 30 Sep 2023
Review status: Unaudited
Source: XBRL filing on BSE