Morarka Finance Ltd Q1FY23 net profit at Rs. 4.89 crores

MORARKA FINANCE LTD. has reported Standalone financial results for the period ended June 30, 2022.

Financial Results (Q1 FY2023) - QoQ Comparison

The company has reported total income of Rs. 5.1914 crores during the period ended June 30, 2022 as compared to Rs. 0.2738 crores during the period ended March 31, 2022.

The company has posted net profit / (loss) of Rs. 4.8947 crores for the period ended June 30, 2022 as against net profit / (loss) of Rs. -0.0483 crores for the period ended March 31, 2022.

The company has reported EPS of Rs. 10.87 for the period ended June 30, 2022 as compared to Rs. -0.11 for the period ended March 31, 2022.

Financials	Q1 FY2023	Q4 FY2022	% Change
Total Income	₹ 5.1914 crs	₹0.2738 crs	1,796.06%
Net Profit	₹4.8947 crs	₹-0.0483 crs	10,233.95%
EPS	₹10.87	₹-0.11	9,981.82%

Financial Results (Q1 FY2023) - YoY Comparison

The company has reported total income of Rs. 5.1914 crores during the period ended June 30, 2022 as compared to Rs.0.3691 crores during the period ended June 30, 2021.

The company has posted net profit / (loss) of Rs.4.8947 crores for the period ended June 30, 2022 as against net profit / (loss) of Rs.0.0532 crores for the period ended June 30, 2021.

The company has reported EPS of Rs.10.87 for the period ended June 30, 2022 as compared to Rs.0.12 for the period ended June 30, 2021.

Financials	Q1 FY2023	Q1 FY2022	% Change
Total Income	₹ 5.1914 crs	₹0.3691 crs	1,306.50%
Net Profit	₹4.8947 crs	₹0.0532 crs	9,100.56%
EPS	₹10.87	₹0.12	8,958.33%

Shares of MORARKA FINANCE LTD. was last trading in BSE at Rs. 119.95 as compared to the previous close of Rs. 105.75. The total number of shares traded during the day was 11332 in over 242 trades.

The stock hit an intraday high of Rs. 123.00 and intraday low of 102.15. The net turnover during the day was Rs. 1300151.00.

Source : Equity Bulls

Keywords

MorarkaFinance Q1FY23 ResultUpdate