Menon Bearings Ltd posts PAT of Rs. 8.77 crores in Q1 FY23

Menon Bearings 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. 62.9728 crores during the period ended June 30, 2022 as compared to Rs. 52.1346 crores during the period ended March 31, 2022.

The company has posted net profit / (loss) of Rs. 8.7717 crores for the period ended June 30, 2022 as against net profit / (loss) of Rs. 6.7799 crores for the period ended March 31, 2022.

The company has reported EPS of Rs. 1.57 for the period ended June 30, 2022 as compared to Rs. 1.21 for the period ended March 31, 2022.

Financials	Q1 FY2023	Q4 FY2022	% Change
Total Income	₹ 62.9728 crs	₹52.1346 crs	20.79%
Net Profit	₹8.7717 crs	₹6.7799 crs	29.38%
EPS	₹1.57	₹1.21	29.75%

Financial Results (Q1 FY2023) - YoY Comparison

The company has reported total income of Rs. 62.9728 crores during the period ended June 30, 2022 as compared to Rs.47.0390 crores during the period ended June 30, 2021.

The company has posted net profit / (loss) of Rs.8.7717 crores for the period ended June 30, 2022 as against net profit / (loss) of Rs.6.5703 crores for the period ended June 30, 2021.

The company has reported EPS of Rs.1.57 for the period ended June 30, 2022 as compared to Rs.1.17 for the period ended June 30, 2021.

Financials	Q1 FY2023	Q1 FY2022	% Change
Total Income	₹ 62.9728 crs	₹47.0390 crs	33.87%
Net Profit	₹8.7717 crs	₹6.5703 crs	33.51%
EPS	₹1.57	₹1.17	34.19%

Shares of Menon Bearings Limited was last trading in BSE at Rs. 84.45 as compared to the previous close of Rs. 84.85. The total number of shares traded during the day was 4648 in over 127 trades.

The stock hit an intraday high of Rs. 85.80 and intraday low of 83.00. The net turnover during the day was Rs. 392265.00.

Source : Equity Bulls

Keywords

MenonBearings Q1FY23 ResultUpdate