Gorani Industries Ltd Q1FY23 net profit drops QoQ to Rs. 52.29 lakhs

GORANI INDUSTRIES 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. 9.2434 crores during the period ended June 30, 2022 as compared to Rs. 8.3443 crores during the period ended March 31, 2022.

The company has posted net profit / (loss) of Rs. 0.5229 crores for the period ended June 30, 2022 as against net profit / (loss) of Rs. 0.9153 crores for the period ended March 31, 2022.

The company has reported EPS of Rs. 0.98 for the period ended June 30, 2022 as compared to Rs. 1.86 for the period ended March 31, 2022.

Financials	Q1 FY2023	Q4 FY2022	% Change
Total Income	₹ 9.2434 crs	₹8.3443 crs	10.78%
Net Profit	₹0.5229 crs	₹0.9153 crs	-42.87%
EPS	₹0.98	₹1.86	-47.31%

Financial Results (Q1 FY2023) - YoY Comparison

The company has reported total income of Rs. 9.2434 crores during the period ended June 30, 2022 as compared to Rs.2.3318 crores during the period ended June 30, 2021.

The company has posted net profit / (loss) of Rs.0.5229 crores for the period ended June 30, 2022 as against net profit / (loss) of Rs.-0.0649 crores for the period ended June 30, 2021.

The company has reported EPS of Rs.0.98 for the period ended June 30, 2022 as compared to Rs.-0.13 for the period ended June 30, 2021.

Financials	Q1 FY2023	Q1 FY2022	% Change
Total Income	₹ 9.2434 crs	₹2.3318 crs	296.41%
Net Profit	₹0.5229 crs	₹-0.0649 crs	905.70%
EPS	₹0.98	₹-0.13	853.85%

Shares of GORANI INDUSTRIES LTD. was last trading in BSE at Rs. 177.15 as compared to the previous close of Rs. 185.00. The total number of shares traded during the day was 1825 in over 61 trades.

The stock hit an intraday high of Rs. 185.00 and intraday low of 175.75. The net turnover during the day was Rs. 324902.00.

Source : Equity Bulls

Keywords

GoraniIndustries Q1FY23 ResultUpdate