Plastiblends India Ltd Q1 FY2022-23 net profit slips QoQ to Rs. 9.98 crores

Plastiblends India Limited 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. 206.7341 crores during the period ended June 30, 2022 as compared to Rs. 221.7313 crores during the period ended March 31, 2022.

The company has posted net profit / (loss) of Rs. 9.9815 crores for the period ended June 30, 2022 as against net profit / (loss) of Rs. 12.3756 crores for the period ended March 31, 2022.

The company has reported EPS of Rs. 3.84 for the period ended June 30, 2022 as compared to Rs. 4.76 for the period ended March 31, 2022.

Financials	Q1 FY2023	Q4 FY2022	% Change
Total Income	₹ 206.7341 crs	₹221.7313 crs	-6.76%
Net Profit	₹9.9815 crs	₹12.3756 crs	-19.35%
EPS	₹3.84	₹4.76	-19.33%

Financial Results (Q1 FY2023) - YoY Comparison

The company has reported total income of Rs. 206.7341 crores during the period ended June 30, 2022 as compared to Rs.155.0178 crores during the period ended June 30, 2021.

The company has posted net profit / (loss) of Rs.9.9815 crores for the period ended June 30, 2022 as against net profit / (loss) of Rs.6.7491 crores for the period ended June 30, 2021.

The company has reported EPS of Rs.3.84 for the period ended June 30, 2022 as compared to Rs.2.60 for the period ended June 30, 2021.

Financials	Q1 FY2023	Q1 FY2022	% Change
Total Income	₹ 206.7341 crs	₹155.0178 crs	33.36%
Net Profit	₹9.9815 crs	₹6.7491 crs	47.89%
EPS	₹3.84	₹2.60	47.69%

Shares of Plastiblends India Limited was last trading in BSE at Rs. 209.85 as compared to the previous close of Rs. 207.00. The total number of shares traded during the day was 244 in over 8 trades.

The stock hit an intraday high of Rs. 210.50 and intraday low of 208.40. The net turnover during the day was Rs. 51152.00.

Source : Equity Bulls

Keywords

PlastiblendsIndia Q1FY23 ResultUpdate