Shiva Cement Ltd posts Rs. 13.37 crores loss in Q1FY23

SHIVA CEMENT 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. 1.2763 crores during the period ended June 30, 2022 as compared to Rs. 2.8641 crores during the period ended March 31, 2022.

The company has posted net profit / (loss) of Rs. -13.3775 crores for the period ended June 30, 2022 as against net profit / (loss) of Rs. -11.3216 crores for the period ended March 31, 2022.

The company has reported EPS of Rs. -0.69 for the period ended June 30, 2022 as compared to Rs. -0.58 for the period ended March 31, 2022.

Financials	Q1 FY2023	Q4 FY2022	% Change
Total Income	₹ 1.2763 crs	₹2.8641 crs	-55.44%
Net Profit	₹-13.3775 crs	₹-11.3216 crs	18.16%
EPS	₹-0.69	₹-0.58	18.97%

Financial Results (Q1 FY2023) - YoY Comparison

The company has reported total income of Rs. 1.2763 crores during the period ended June 30, 2022 as compared to Rs.3.7164 crores during the period ended June 30, 2021.

The company has posted net profit / (loss) of Rs.-13.3775 crores for the period ended June 30, 2022 as against net profit / (loss) of Rs.-5.3630 crores for the period ended June 30, 2021.

The company has reported EPS of Rs.-0.69 for the period ended June 30, 2022 as compared to Rs.-0.28 for the period ended June 30, 2021.

Financials	Q1 FY2023	Q1 FY2022	% Change
Total Income	₹ 1.2763 crs	₹3.7164 crs	-65.66%
Net Profit	₹-13.3775 crs	₹-5.3630 crs	149.44%
EPS	₹-0.69	₹-0.28	146.43%

Shares of SHIVA CEMENT LTD. was last trading in BSE at Rs. 48.65 as compared to the previous close of Rs. 49.00. The total number of shares traded during the day was 354471 in over 823 trades.

The stock hit an intraday high of Rs. 49.80 and intraday low of 48.35. The net turnover during the day was Rs. 17281554.00.

Source : Equity Bulls

Keywords

ShivaCement Q1FY23 ResultUpdate