MT Educare Ltd posts consolidated loss of Rs. 2.07 crore in Q1FY23

MT Educare 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. 20.3003 crores during the period ended June 30, 2022 as compared to Rs. 17.0159 crores during the period ended March 31, 2022.

The company has posted net profit / (loss) of Rs. -2.0747 crores for the period ended June 30, 2022 as against net profit / (loss) of Rs. -12.5095 crores for the period ended March 31, 2022.

The company has reported EPS of Rs. -0.29 for the period ended June 30, 2022 as compared to Rs. -1.73 for the period ended March 31, 2022.

Financials	Q1 FY2023	Q4 FY2022	% Change
Total Income	₹ 20.3003 crs	₹17.0159 crs	19.30%
Net Profit	₹-2.0747 crs	₹-12.5095 crs	83.42%
EPS	₹-0.29	₹-1.73	83.24%

Financial Results (Q1 FY2023) - YoY Comparison

The company has reported total income of Rs. 20.3003 crores during the period ended June 30, 2022 as compared to Rs.24.8473 crores during the period ended June 30, 2021.

The company has posted net profit / (loss) of Rs.-2.0747 crores for the period ended June 30, 2022 as against net profit / (loss) of Rs.-0.7076 crores for the period ended June 30, 2021.

The company has reported EPS of Rs.-0.29 for the period ended June 30, 2022 as compared to Rs.-0.10 for the period ended June 30, 2021.

Financials	Q1 FY2023	Q1 FY2022	% Change
Total Income	₹ 20.3003 crs	₹24.8473 crs	-18.30%
Net Profit	₹-2.0747 crs	₹-0.7076 crs	193.20%
EPS	₹-0.29	₹-0.10	190.00%

Shares of MT Educare Limited was last trading in BSE at Rs. 9.28 as compared to the previous close of Rs. 9.37. The total number of shares traded during the day was 8231 in over 42 trades.

The stock hit an intraday high of Rs. 10.12 and intraday low of 9.18. The net turnover during the day was Rs. 76670.00.

Source : Equity Bulls

Keywords

MTEducare Q1FY23 ResultUpdate