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South West Pinnacle Exploration Ltd Q1FY24; 85% fall in Profits

South West Pinnacle Exploration Ltd is engaged in providing end-to-end drilling, exploration and allied services to various industries. It also provides consultancy for geological field services and allied services and has an in-house team of geoscientists for providing integrated exploration services including geophysical logging, surface geophysical & topographic surveys.

Financial Results:

South West Pinnacle Exploration Ltd reported Revenues for Q1FY24 of ₹22.90 Crores down from ₹25.83 Crore year on year, a fall of 11.34%.

Total Expenses for Q1FY24 of ₹23.04 Crores down from ₹23.81 Crores year on year, a fall of 3.23%.

Consolidated Net Profit of ₹0.28 Crores down 84.78% from ₹1.84 Crores in the same quarter of the previous year.

The Earnings per Share is ₹0.10, down 84.85% from ₹0.66 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.

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