The South India Paper Mills Ltd Q1 FY2023 profit slumps to Rs. 5.20 lakhs

SOUTH INDIA PAPER MILLS 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. 80.5498 crores during the period ended June 30, 2022 as compared to Rs. 76.6608 crores during the period ended March 31, 2022.

The company has posted net profit / (loss) of Rs. 0.0520 crores for the period ended June 30, 2022 as against net profit / (loss) of Rs. 4.4782 crores for the period ended March 31, 2022.

The company has reported EPS of Rs. 0.03 for the period ended June 30, 2022 as compared to Rs. 2.99 for the period ended March 31, 2022.

Financials	Q1 FY2023	Q4 FY2022	% Change
Total Income	₹ 80.5498 crs	₹76.6608 crs	5.07%
Net Profit	₹0.0520 crs	₹4.4782 crs	-98.84%
EPS	₹0.03	₹2.99	-99.00%

Financial Results (Q1 FY2023) - YoY Comparison

The company has reported total income of Rs. 80.5498 crores during the period ended June 30, 2022 as compared to Rs.69.4544 crores during the period ended June 30, 2021.

The company has posted net profit / (loss) of Rs.0.0520 crores for the period ended June 30, 2022 as against net profit / (loss) of Rs.8.9137 crores for the period ended June 30, 2021.

The company has reported EPS of Rs.0.03 for the period ended June 30, 2022 as compared to Rs.5.94 for the period ended June 30, 2021.

Financials	Q1 FY2023	Q1 FY2022	% Change
Total Income	₹ 80.5498 crs	₹69.4544 crs	15.98%
Net Profit	₹0.0520 crs	₹8.9137 crs	-99.42%
EPS	₹0.03	₹5.94	-99.49%

Shares of SOUTH INDIA PAPER MILLS LTD. was last trading in BSE at Rs. 142.60 as compared to the previous close of Rs. 138.40. The total number of shares traded during the day was 7969 in over 65 trades.

The stock hit an intraday high of Rs. 144.00 and intraday low of 137.00. The net turnover during the day was Rs. 1127754.00.

Source : Equity Bulls

Keywords

TheSouthIndiaPaperMills Q1FY23 ResultUpdate