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Alphageo (India) Ltd Q1FY24; 89% fall in Revenue

Alphageo (India) Ltd is engaged in providing geophysical seismic data acquisition, processing and interpretation services for exploration of hydrocarbons and minerals.

Financial Results:

Alphageo (India) Ltd reported Revenues for Q1FY24 of ₹5.15 Crores down from ₹45.94 Crore year on year, a fall of 88.79%.

Total Expenses for Q1FY24 of ₹11.83 Crores down from ₹37.45 Crores year on year, a fall of 68.41%.

Consolidated Net Profit of -₹3.24 Crores from ₹6.81 Crores in the same quarter of the previous year.

The Earnings per Share is -₹5.09, from ₹10.70 in the same quarter of the previous year.

*It is important to note that the way the results have been accounted for are slightly different than the ones the companies may choose to publish.

*The presented data is automatically generated. It may occasionally generate incorrect information.

Tags: Exploration
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