GP Petroleums Ltd Q1FY23 net profit climbs to Rs. 11.42 crores

GP Petroleums 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. 220.1433 crores during the period ended June 30, 2022 as compared to Rs. 182.6132 crores during the period ended March 31, 2022.

The company has posted net profit / (loss) of Rs. 11.4280 crores for the period ended June 30, 2022 as against net profit / (loss) of Rs. 8.5088 crores for the period ended March 31, 2022.

The company has reported EPS of Rs. 2.24 for the period ended June 30, 2022 as compared to Rs. 1.67 for the period ended March 31, 2022.

Financials	Q1 FY2023	Q4 FY2022	% Change
Total Income	₹ 220.1433 crs	₹182.6132 crs	20.55%
Net Profit	₹11.4280 crs	₹8.5088 crs	34.31%
EPS	₹2.24	₹1.67	34.13%

Financial Results (Q1 FY2023) - YoY Comparison

The company has reported total income of Rs. 220.1433 crores during the period ended June 30, 2022 as compared to Rs.155.4490 crores during the period ended June 30, 2021.

The company has posted net profit / (loss) of Rs.11.4280 crores for the period ended June 30, 2022 as against net profit / (loss) of Rs.-4.7707 crores for the period ended June 30, 2021.

The company has reported EPS of Rs.2.24 for the period ended June 30, 2022 as compared to Rs.-0.94 for the period ended June 30, 2021.

Financials	Q1 FY2023	Q1 FY2022	% Change
Total Income	₹ 220.1433 crs	₹155.4490 crs	41.62%
Net Profit	₹11.4280 crs	₹-4.7707 crs	339.55%
EPS	₹2.24	₹-0.94	338.30%

Shares of GP Petroleums Limited was last trading in BSE at Rs. 46.10 as compared to the previous close of Rs. 45.65. The total number of shares traded during the day was 3733 in over 182 trades.

The stock hit an intraday high of Rs. 47.05 and intraday low of 46.00. The net turnover during the day was Rs. 173797.00.

Source : Equity Bulls

Keywords

GPPetroleums Q1FY23 ResultUpdate