Ceenik Exports India Q2 Results Total Income Reaches ₹648.42 Lakhs

Ceenik Exports India Q2 Results

Ceenik Exports India Q2 Results: The financial data for Ceenik Exports India provides a summary of their performance for the quarter ended September 30, 2024. In this period, the company earned a total income of ₹648.42 lakhs, which is a significant increase compared to ₹612.13 lakhs from the previous quarter and only ₹67.60 lakhs from the same quarter a year earlier. This growth in income mainly comes from other income, as there was no revenue from operations reported.

Ceenik Exports had total expenses of ₹54.80 lakhs. This is lower than the ₹84.96 lakhs from the previous quarter and close to ₹54.57 lakhs from the same quarter last year. The main expenses included employee benefits, finance costs, and other expenses, with employee benefits costing ₹3.62 lakhs and finance costs totaling ₹34.33 lakhs.

Ceenik Exports India reported a profit before tax of ₹593.62 lakhs after deducting expenses from income, leading to a net profit of ₹428.47 lakhs after accounting for current tax expenses of ₹165.15 lakhs. The earnings per share, both basic and diluted, stood at ₹12.79, showing strong financial health for Ceenik Exports India in this quarter.

Here's the financial statement you provided, organized in a clear table format:

Source: Here 

For More Quarterly Results check our Twitter Page

Visit our website for more Quarterly results

Ceenik Exports India Stock Metrics

Ceenik Exports India has a market capitalization of ₹480 crore, which shows the company's total value in the stock market. The current stock price is ₹1,432, and the stock has seen a high of ₹1,432 and a low of ₹41.9 over the past year. Its price-to-earnings (P/E) ratio is 55.5, meaning the stock is priced 55.5 times its earnings. The book value is ₹222, reflecting the company's net asset value per share. The dividend yield is low at 0.07%, offering small returns. 

Here’s the information in a table format:

Quarterly Results 

Ceenik Exports India’s financial data for March, June, and September 2024 shows positive growth. In March 2024, the company reported no sales, with expenses of Rs. 1.03 crores and an operating loss of Rs. 1.03 crores. However, thanks to other income of Rs. 3.31 crores, they managed to record a profit before tax of Rs. 1.93 crores and a net profit of Rs. 1.65 crores, with an EPS of Rs. 4.93. By June and September 2024, the company saw increased profits, driven by rising other income, with net profits of Rs. 3.81 crores in June and Rs. 4.28 crores in September. 

Here’s the table with data for March 2024, June 2024, and September 2024:

About Ceenik Exports India

Ceenik Exports India is a well-established company with over 25 years of experience in investment and business. It was founded under the Companies Act of 1956 and is based in Mumbai, Maharashtra. In 1995, the company made a big move by offering shares to the public, which led to its listing on the Bombay Stock Exchange (BSE). This gave investors the chance to invest in a company that combines traditional investments, like land and buildings, with newer opportunities in financial markets and mutual funds.

Ceenik Exports focuses on growing steadily and delivering profits to its investors. Their team of experts carefully studies the market and handles risks to make smart decisions. They also plan to register with the Reserve Bank of India as a Non-Banking Financial Company (NBFC), showing their commitment to following rules and doing business ethically. With a diversified approach, Ceenik Exports aims to keep adapting to market changes, ensuring success for both the company and its investors.