Elecon Engineering Company Ltd Q1 FY2022-23 consolidated PAT down QoQ at Rs. 42.30 crores

Elecon Engineering Company 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. 332.1788 crores during the period ended June 30, 2022 as compared to Rs. 333.6018 crores during the period ended March 31, 2022.

The company has posted net profit / (loss) of Rs. 42.3054 crores for the period ended June 30, 2022 as against net profit / (loss) of Rs. 46.3044 crores for the period ended March 31, 2022.

The company has reported EPS of Rs. 3.77 for the period ended June 30, 2022 as compared to Rs. 4.13 for the period ended March 31, 2022.

Financials	Q1 FY2023	Q4 FY2022	% Change
Total Income	₹ 332.1788 crs	₹333.6018 crs	-0.43%
Net Profit	₹42.3054 crs	₹46.3044 crs	-8.64%
EPS	₹3.77	₹4.13	-8.72%

Financial Results (Q1 FY2023) - YoY Comparison

The company has reported total income of Rs. 332.1788 crores during the period ended June 30, 2022 as compared to Rs.295.9703 crores during the period ended June 30, 2021.

The company has posted net profit / (loss) of Rs.42.3054 crores for the period ended June 30, 2022 as against net profit / (loss) of Rs.27.2685 crores for the period ended June 30, 2021.

The company has reported EPS of Rs.3.77 for the period ended June 30, 2022 as compared to Rs.2.43 for the period ended June 30, 2021.

Financials	Q1 FY2023	Q1 FY2022	% Change
Total Income	₹ 332.1788 crs	₹295.9703 crs	12.23%
Net Profit	₹42.3054 crs	₹27.2685 crs	55.14%
EPS	₹3.77	₹2.43	55.14%

Shares of Elecon Engineering Company Limited was last trading in BSE at Rs. 312.10 as compared to the previous close of Rs. 331.85. The total number of shares traded during the day was 257615 in over 7052 trades.

The stock hit an intraday high of Rs. 336.85 and intraday low of 302.00. The net turnover during the day was Rs. 82879151.00.

Source : Equity Bulls

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EleconEngineeringCompany Q1FY23 ResultUpdate