Rushil Decor Q2 Results: Net Profit Stood At Rs 10.55 Cr, Revenue Reached Rs 205 Cr

For the quarter that ended on September 30, 2023, Rushil Decor, a small-cap consumer discretionary firm, released its standalone financial results. Rushil Décor Limited, which was founded in 1993, is a market leader in India for decorative high-pressure laminates and has operations in more than 51 nations worldwide. It is one of the largest manufacturers of laminates and related products in India.

Rushil Decor Results- QoQ Comparison

The company has reported total income of Rs. 205.13 crores during the September 30, 2023 quarter as compared to Rs. 195.08 crores during the quarter ended June 30, 2023, reflecting a gain of 5.15% QoQ. It reported a net profit of Rs 10.55 Cr in Q2FY24 down by 13.48% QoQ from Rs 12.19 Cr reported in Q1FY24. The company recorded an EPS of Rs 3.88 during the quarter under review compared to Rs 5.31 in the previous quarter.

Rushil Decor Results-YoY Comparison

The company recorded a total income of Rs. 205.13 crores for the quarter ended September 30, 2023, up from Rs. 203.84 crores for the same period in 2022. This is a YoY growth of 0.64%. According to Rushil Decor, its net profit in Q2FY24 was Rs 10.55 Cr, down 60.45% YoY from Rs 26.67 Cr in Q2FY23. In contrast to the Rs. 13.40 recorded for the period ended September 30, 2022, the company's EPS for the period ended September 30, 2023 was Rs. 3.88.

Rushil Decor Share Price History

On Tuesday, the shares of Rushil Decor were trading 1.77% lower at Rs 340.75 apiece. The scrip made a 52-week-high of Rs 429.71 on (14/12/2022) and a 52-week-low of Rs 202.37 on (29/03/2023).