Avantel Ltd Q1 FY2023 consolidated PAT down QoQ at Rs. 4.38 crores

AVANTEL LTD. 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. 27.1070 crores during the period ended June 30, 2022 as compared to Rs. 47.2345 crores during the period ended March 31, 2022.

The company has posted net profit / (loss) of Rs. 4.3819 crores for the period ended June 30, 2022 as against net profit / (loss) of Rs. 6.0756 crores for the period ended March 31, 2022.

The company has reported EPS of Rs. 2.70 for the period ended June 30, 2022 as compared to Rs. 3.75 for the period ended March 31, 2022.

Financials	Q1 FY2023	Q4 FY2022	% Change
Total Income	₹ 27.1070 crs	₹47.2345 crs	-42.61%
Net Profit	₹4.3819 crs	₹6.0756 crs	-27.88%
EPS	₹2.70	₹3.75	-28.00%

Financial Results (Q1 FY2023) - YoY Comparison

The company has reported total income of Rs. 27.1070 crores during the period ended June 30, 2022 as compared to Rs.14.0418 crores during the period ended June 30, 2021.

The company has posted net profit / (loss) of Rs.4.3819 crores for the period ended June 30, 2022 as against net profit / (loss) of Rs.3.0735 crores for the period ended June 30, 2021.

The company has reported EPS of Rs.2.70 for the period ended June 30, 2022 as compared to Rs.1.90 for the period ended June 30, 2021.

Financials	Q1 FY2023	Q1 FY2022	% Change
Total Income	₹ 27.1070 crs	₹14.0418 crs	93.05%
Net Profit	₹4.3819 crs	₹3.0735 crs	42.57%
EPS	₹2.70	₹1.90	42.11%

Shares of AVANTEL LTD. was last trading in BSE at Rs. 280.15 as compared to the previous close of Rs. 281.30. The total number of shares traded during the day was 10938 in over 304 trades.

The stock hit an intraday high of Rs. 285.90 and intraday low of 275.10. The net turnover during the day was Rs. 3063408.00.

Source : Equity Bulls

Keywords

Avantel Q1FY23 ResultUpdate