Coral Newsprints Ltd Q1 FY2023 loss at Rs. 60.38 lakhs

CORAL NEWSPRINTS 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. 2.67513 crores during the period ended June 30, 2022 as compared to Rs. 2.2223 crores during the period ended March 31, 2022.

The company has posted net profit / (loss) of Rs. -0.6038 crores for the period ended June 30, 2022 as against net profit / (loss) of Rs. -0.2478 crores for the period ended March 31, 2022.

The company has reported EPS of Rs. -11.95 for the period ended June 30, 2022 as compared to Rs. -4.90 for the period ended March 31, 2022.

Financials	Q1 FY2023	Q4 FY2022	% Change
Total Income	₹ 2.67513 crs	₹2.2223 crs	20.38%
Net Profit	₹-0.6038 crs	₹-0.2478 crs	143.66%
EPS	₹-11.95	₹-4.90	143.88%

Financial Results (Q1 FY2023) - YoY Comparison

The company has reported total income of Rs. 2.67513 crores during the period ended June 30, 2022 as compared to Rs.1.2897 crores during the period ended June 30, 2021.

The company has posted net profit / (loss) of Rs.-0.6038 crores for the period ended June 30, 2022 as against net profit / (loss) of Rs.-0.67 crores for the period ended June 30, 2021.

The company has reported EPS of Rs.-11.95 for the period ended June 30, 2022 as compared to Rs.-13.26 for the period ended June 30, 2021.

Financials	Q1 FY2023	Q1 FY2022	% Change
Total Income	₹ 2.67513 crs	₹1.2897 crs	107.42%
Net Profit	₹-0.6038 crs	₹-0.67 crs	9.88%
EPS	₹-11.95	₹-13.26	9.88%

Shares of CORAL NEWSPRINTS LTD. was last trading in BSE at Rs. 13.35 as compared to the previous close of Rs. 13.24. The total number of shares traded during the day was 144 in over 19 trades.

The stock hit an intraday high of Rs. 13.50 and intraday low of 13.00. The net turnover during the day was Rs. 1922.00.

Source : Equity Bulls

Keywords

CoralNewsprints Q1FY23 ResultUpdate