Krsnaa Diagnostics shares surge 5% following strong Q1 results

Shares of Krsnaa Diagnostics rose over 5% following the announcement of strong first-quarter results for the period ending June 30, 2024. As of 9:52 AM, the shares were trading 5.57% higher at ₹677.95.

Financial Highlights

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  • Net Sales: ₹163.16 crore, up 23.34% from ₹132.29 crore in June 2023.
  • Net Profit: ₹18.18 crore, up 19.2% from ₹15.25 crore in June 2023.
  • EBITDA: ₹50.30 crore, up 38.15% from ₹36.41 crore in June 2023.
  • Earnings Per Share (EPS): Increased to ₹5.63 from ₹4.86 in June 2023.

Stock Performance

  • Previous Close (August 05, 2024): ₹646.45
  • 6-Month Return: -11.25%
  • 12-Month Return: 30.21%

Financial Summary

Metric June 2024 June 2023 Change (%)
Net Sales ₹163.16 crore ₹132.29 crore 23.34%
Net Profit ₹18.18 crore ₹15.25 crore 19.2%
EBITDA ₹50.30 crore ₹36.41 crore 38.15%
EPS ₹5.63 ₹4.86

Krsnaa Diagnostics’ impressive financial performance in Q1 FY25 has driven positive investor sentiment, leading to a notable increase in its share price.