Orient Cement Q1FY23 PAT declines to Rs. 37.41 crores

Orient Cement Limited 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. 715.1496 crores during the period ended June 30, 2022 as compared to Rs. 805.8520 crores during the period ended March 31, 2022.

The company has posted net profit / (loss) of Rs. 37.4172 crores for the period ended June 30, 2022 as against net profit / (loss) of Rs. 73.2380 crores for the period ended March 31, 2022.

The company has reported EPS of Rs. 1.83 for the period ended June 30, 2022 as compared to Rs. 3.57 for the period ended March 31, 2022.

Financials	Q1 FY2023	Q4 FY2022	% Change
Total Income	₹ 715.1496 crs	₹805.8520 crs	-11.26%
Net Profit	₹37.4172 crs	₹73.2380 crs	-48.91%
EPS	₹1.83	₹3.57	-48.74%

Financial Results (Q1 FY2023) - YoY Comparison

The company has reported total income of Rs. 715.1496 crores during the period ended June 30, 2022 as compared to Rs.693.0035 crores during the period ended June 30, 2021.

The company has posted net profit / (loss) of Rs.37.4172 crores for the period ended June 30, 2022 as against net profit / (loss) of Rs.89.4580 crores for the period ended June 30, 2021.

The company has reported EPS of Rs.1.83 for the period ended June 30, 2022 as compared to Rs.4.37 for the period ended June 30, 2021.

Financials	Q1 FY2023	Q1 FY2022	% Change
Total Income	₹ 715.1496 crs	₹693.0035 crs	3.20%
Net Profit	₹37.4172 crs	₹89.4580 crs	-58.17%
EPS	₹1.83	₹4.37	-58.12%

Shares of Orient Cement Limited was last trading in BSE at Rs. 118.55 as compared to the previous close of Rs. 119.05. The total number of shares traded during the day was 73663 in over 1963 trades.

The stock hit an intraday high of Rs. 121.45 and intraday low of 115.50. The net turnover during the day was Rs. 8672517.00.

Source : Equity Bulls

Keywords

OrientCement Q1FY23 ResultUpdate