MosChip Technologies - Q1 FY2022-23 Update

Moschip Technologies continues to focus on Semiconductor / Embedded design services, Turnkey ASIC solutions, Semiconductor IP (Intellectual Properties) and IOT projects which have been enabling steady and sustainable growth.

Consolidated Financial performance

Q1 FY 2023 vs Q4 FY 2022

- Income from operations increased from Rs 37.41 crores to Rs 41.67 Crores and increase by 11%

- EBIDTA increased from Rs. 6.30 crores (16.6%) to Rs 7.03 crores(16.5%), an increase by 12%

- PAT increased from Rs 1.01(2.7%) crores to Rs. 1.55 crores (3.6%), an increase by 54%.

Q1 FY 2023 vs Q1 FY 2022

- Income from operations increased from Rs 33.92 crores to Rs 41.67 Crores and increase by 23%

- EBIDTA increased from Rs. 5.11 crores (14.9%) to Rs 7.03 crores(16.5%), an increase by 38%

Shares of Moschip Technologies Ltd was last trading in BSE at Rs. 54.35 as compared to the previous close of Rs. 55.40. The total number of shares traded during the day was 188455 in over 1058 trades.

The stock hit an intraday high of Rs. 57.40 and intraday low of 53.15. The net turnover during the day was Rs. 10310540.00.

Source : Equity Bulls

Keywords

MoschipTechnologies INE935B01025 Q1FY2023 BusinessUpdate