Olectra Greentech Ltd posts Rs. 16.63 crores consolidated profit in Q1FY23

Olectra Greentech 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. 283.5535 crores during the period ended June 30, 2022 as compared to Rs. 274.4721 crores during the period ended March 31, 2022.

The company has posted net profit / (loss) of Rs. 16.6315 crores for the period ended June 30, 2022 as against net profit / (loss) of Rs. 17.7730 crores for the period ended March 31, 2022.

The company has reported EPS of Rs. 2.03 for the period ended June 30, 2022 as compared to Rs. 2.17 for the period ended March 31, 2022.

Financials	Q1 FY2023	Q4 FY2022	% Change
Total Income	₹ 283.5535 crs	₹274.4721 crs	3.31%
Net Profit	₹16.6315 crs	₹17.7730 crs	-6.42%
EPS	₹2.03	₹2.17	-6.45%

Financial Results (Q1 FY2023) - YoY Comparison

The company has reported total income of Rs. 283.5535 crores during the period ended June 30, 2022 as compared to Rs.43.9002 crores during the period ended June 30, 2021.

The company has posted net profit / (loss) of Rs.16.6315 crores for the period ended June 30, 2022 as against net profit / (loss) of Rs.1.3168 crores for the period ended June 30, 2021.

The company has reported EPS of Rs.2.03 for the period ended June 30, 2022 as compared to Rs.0.16 for the period ended June 30, 2021.

Financials	Q1 FY2023	Q1 FY2022	% Change
Total Income	₹ 283.5535 crs	₹43.9002 crs	545.90%
Net Profit	₹16.6315 crs	₹1.3168 crs	1,163.02%
EPS	₹2.03	₹0.16	1,168.75%

Shares of Olectra Greentech Limited was last trading in BSE at Rs. 626.90 as compared to the previous close of Rs. 642.15. The total number of shares traded during the day was 45057 in over 3862 trades.

The stock hit an intraday high of Rs. 660.00 and intraday low of 623.00. The net turnover during the day was Rs. 28815367.00.

Source : Equity Bulls

Keywords

OlectraGreentech Q1FY23 ResultUpdate