Artson Engineering Ltd Q1FY23 loss increases to Rs. 4.89 crores

ARTSON ENGINEERING 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. 37.4534 crores during the period ended June 30, 2022 as compared to Rs. 46.7532 crores during the period ended March 31, 2022.

The company has posted net profit / (loss) of Rs. -4.8932 crores for the period ended June 30, 2022 as against net profit / (loss) of Rs. -1.9555 crores for the period ended March 31, 2022.

The company has reported EPS of Rs. -1.33 for the period ended June 30, 2022 as compared to Rs. -0.53 for the period ended March 31, 2022.

Financials	Q1 FY2023	Q4 FY2022	% Change
Total Income	₹ 37.4534 crs	₹46.7532 crs	-19.89%
Net Profit	₹-4.8932 crs	₹-1.9555 crs	150.23%
EPS	₹-1.33	₹-0.53	150.94%

Financial Results (Q1 FY2023) - YoY Comparison

The company has reported total income of Rs. 37.4534 crores during the period ended June 30, 2022 as compared to Rs.39.4395 crores during the period ended June 30, 2021.

The company has posted net profit / (loss) of Rs.-4.8932 crores for the period ended June 30, 2022 as against net profit / (loss) of Rs.0.5553 crores for the period ended June 30, 2021.

The company has reported EPS of Rs.-1.33 for the period ended June 30, 2022 as compared to Rs.0.15 for the period ended June 30, 2021.

Financials	Q1 FY2023	Q1 FY2022	% Change
Total Income	₹ 37.4534 crs	₹39.4395 crs	-5.04%
Net Profit	₹-4.8932 crs	₹0.5553 crs	-981.18%
EPS	₹-1.33	₹0.15	-986.67%

Shares of ARTSON ENGINEERING LTD. was last trading in BSE at Rs. 77.35 as compared to the previous close of Rs. 73.80. The total number of shares traded during the day was 38080 in over 365 trades.

The stock hit an intraday high of Rs. 77.45 and intraday low of 73.10. The net turnover during the day was Rs. 2929567.00.

Source : Equity Bulls

Keywords

ArtsonEngineering Q1FY23 ResultUpdate