Bharat Seats Ltd Q1FY23 net profit slides QoQ to Rs. 3.56 crores

BHARAT SEATS 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. 248.0282 crores during the period ended June 30, 2022 as compared to Rs. 262.3245 crores during the period ended March 31, 2022.

The company has posted net profit / (loss) of Rs. 3.5607 crores for the period ended June 30, 2022 as against net profit / (loss) of Rs. 7.4419 crores for the period ended March 31, 2022.

The company has reported EPS of Rs. 1.13 for the period ended June 30, 2022 as compared to Rs. 2.37 for the period ended March 31, 2022.

Financials	Q1 FY2023	Q4 FY2022	% Change
Total Income	₹ 248.0282 crs	₹262.3245 crs	-5.45%
Net Profit	₹3.5607 crs	₹7.4419 crs	-52.15%
EPS	₹1.13	₹2.37	-52.32%

Financial Results (Q1 FY2023) - YoY Comparison

The company has reported total income of Rs. 248.0282 crores during the period ended June 30, 2022 as compared to Rs.170.0537 crores during the period ended June 30, 2021.

The company has posted net profit / (loss) of Rs.3.5607 crores for the period ended June 30, 2022 as against net profit / (loss) of Rs.0.4257 crores for the period ended June 30, 2021.

The company has reported EPS of Rs.1.13 for the period ended June 30, 2022 as compared to Rs.0.14 for the period ended June 30, 2021.

Financials	Q1 FY2023	Q1 FY2022	% Change
Total Income	₹ 248.0282 crs	₹170.0537 crs	45.85%
Net Profit	₹3.5607 crs	₹0.4257 crs	736.43%
EPS	₹1.13	₹0.14	707.14%

Shares of BHARAT SEATS LTD. was last trading in BSE at Rs. 81.30 as compared to the previous close of Rs. 81.85. The total number of shares traded during the day was 212077 in over 1274 trades.

The stock hit an intraday high of Rs. 87.00 and intraday low of 81.00. The net turnover during the day was Rs. 17946667.00.

Source : Equity Bulls

Keywords

BharatSeats Q1FY23 ResultUpdate