HG Industries Ltd Q1FY23 loss at Rs. 19.63 lakhs

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. 0.0042 crores during the period ended June 30, 2022 as compared to Rs. 0.8398 crores during the period ended March 31, 2022.

The company has posted net profit / (loss) of Rs. -0.1963 crores for the period ended June 30, 2022 as against net profit / (loss) of Rs. 0.3413 crores for the period ended March 31, 2022.

The company has reported EPS of Rs. -0.42 for the period ended June 30, 2022 as compared to Rs. 0.74 for the period ended March 31, 2022.

Financials	Q1 FY2023	Q4 FY2022	% Change
Total Income	₹ 0.0042 crs	₹0.8398 crs	-99.50%
Net Profit	₹-0.1963 crs	₹0.3413 crs	-157.52%
EPS	₹-0.42	₹0.74	-156.76%

Financial Results (Q1 FY2023) - YoY Comparison

The company has reported total income of Rs. 0.0042 crores during the period ended June 30, 2022 as compared to Rs.0.3388 crores during the period ended June 30, 2021.

The company has posted net profit / (loss) of Rs.-0.1963 crores for the period ended June 30, 2022 as against net profit / (loss) of Rs.0.1672 crores for the period ended June 30, 2021.

The company has reported EPS of Rs.-0.42 for the period ended June 30, 2022 as compared to Rs.0.36 for the period ended June 30, 2021.

Financials	Q1 FY2023	Q1 FY2022	% Change
Total Income	₹ 0.0042 crs	₹0.3388 crs	-98.76%
Net Profit	₹-0.1963 crs	₹0.1672 crs	-217.40%
EPS	₹-0.42	₹0.36	-216.67%

Source : Equity Bulls

Keywords

HGIndustries Q1FY23 ResultUpdate