Suncity Synthetics Ltd Q1 FY2023 loss at Rs. 37.02 lakhs

SUNCITY SYNTHETICS 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. 1.1533 crores during the period ended June 30, 2022 as compared to Rs. 1.8795 crores during the period ended March 31, 2022.

The company has posted net profit / (loss) of Rs. -0.3702 crores for the period ended June 30, 2022 as against net profit / (loss) of Rs. 0.4063 crores for the period ended March 31, 2022.

The company has reported EPS of Rs. -0.75 for the period ended June 30, 2022 as compared to Rs. 0.82 for the period ended March 31, 2022.

Financials	Q1 FY2023	Q4 FY2022	% Change
Total Income	₹ 1.1533 crs	₹1.8795 crs	-38.64%
Net Profit	₹-0.3702 crs	₹0.4063 crs	-191.11%
EPS	₹-0.75	₹0.82	-191.46%

Financial Results (Q1 FY2023) - YoY Comparison

The company has reported total income of Rs. 1.1533 crores during the period ended June 30, 2022 as compared to Rs.1.9654 crores during the period ended June 30, 2021.

The company has posted net profit / (loss) of Rs.-0.3702 crores for the period ended June 30, 2022 as against net profit / (loss) of Rs.0.0411 crores for the period ended June 30, 2021.

The company has reported EPS of Rs.-0.75 for the period ended June 30, 2022 as compared to Rs.0.08 for the period ended June 30, 2021.

Financials	Q1 FY2023	Q1 FY2022	% Change
Total Income	₹ 1.1533 crs	₹1.9654 crs	-41.32%
Net Profit	₹-0.3702 crs	₹0.0411 crs	-1,000.73%
EPS	₹-0.75	₹0.08	-1,037.50%

Shares of SUNCITY SYNTHETICS LTD. was last trading in BSE at Rs. 5.82 as compared to the previous close of Rs. 6.00. The total number of shares traded during the day was 654 in over 14 trades.

The stock hit an intraday high of Rs. 6.30 and intraday low of 5.82. The net turnover during the day was Rs. 3812.00.

Source : Equity Bulls

Keywords

SuncitySynthetics Q1FY23 ResultUpdate