Eimco Elecon India Ltd reports Rs. 1.29 crore consolidated loss in Q1 FY23

Eimco Elecon (India) Limited has reported Consolidated financial results for the period ended June 30, 2022.

Financial Results (Q1 FY2023) - QoQ Comparison

The company has reported total income of Rs. 33.6642 crores during the period ended June 30, 2022 as compared to Rs. 38.5290 crores during the period ended March 31, 2022.

The company has posted net profit / (loss) of Rs. 1.2970 crores for the period ended June 30, 2022 as against net profit / (loss) of Rs. 3.7867 crores for the period ended March 31, 2022.

The company has reported EPS of Rs. -2.25 for the period ended June 30, 2022 as compared to Rs. 6.56 for the period ended March 31, 2022.

Financials	Q1 FY2023	Q4 FY2022	% Change
Total Income	₹ 33.6642 crs	₹38.5290 crs	-12.63%
Net Profit	₹1.2970 crs	₹3.7867 crs	-65.75%
EPS	₹-2.25	₹6.56	-134.30%

Financial Results (Q1 FY2023) - YoY Comparison

The company has reported total income of Rs. 33.6642 crores during the period ended June 30, 2022 as compared to Rs.17.1037 crores during the period ended June 30, 2021.

The company has posted net profit / (loss) of Rs.1.2970 crores for the period ended June 30, 2022 as against net profit / (loss) of Rs.1.7429 crores for the period ended June 30, 2021.

The company has reported EPS of Rs.-2.25 for the period ended June 30, 2022 as compared to Rs.3.02 for the period ended June 30, 2021.

Financials	Q1 FY2023	Q1 FY2022	% Change
Total Income	₹ 33.6642 crs	₹17.1037 crs	96.82%
Net Profit	₹1.2970 crs	₹1.7429 crs	-25.58%
EPS	₹-2.25	₹3.02	-174.50%

Shares of Eimco Elecon (India) Limited was last trading in BSE at Rs. 389.50 as compared to the previous close of Rs. 391.50. The total number of shares traded during the day was 636 in over 65 trades.

The stock hit an intraday high of Rs. 393.00 and intraday low of 387.00. The net turnover during the day was Rs. 249096.00.

Source : Equity Bulls

Keywords

EimcoEleconIndia Q1FY23 ResultUpdate