WeP Solutions Ltd Q1 net profit higher at Rs. 70.71 lakhs in FY2023

WEP SOLUTIONS 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. 29.8831 crores during the period ended June 30, 2022 as compared to Rs. 32.9620 crores during the period ended March 31, 2022.

The company has posted net profit / (loss) of Rs. 0.7071 crores for the period ended June 30, 2022 as against net profit / (loss) of Rs. 0.6115 crores for the period ended March 31, 2022.

The company has reported EPS of Rs. 0.19 for the period ended June 30, 2022 as compared to Rs. 0.17 for the period ended March 31, 2022.

Financials	Q1 FY2023	Q4 FY2022	% Change
Total Income	₹ 29.8831 crs	₹32.9620 crs	-9.34%
Net Profit	₹0.7071 crs	₹0.6115 crs	15.63%
EPS	₹0.19	₹0.17	11.76%

Financial Results (Q1 FY2023) - YoY Comparison

The company has reported total income of Rs. 29.8831 crores during the period ended June 30, 2022 as compared to Rs.22.0819 crores during the period ended June 30, 2021.

The company has posted net profit / (loss) of Rs.0.7071 crores for the period ended June 30, 2022 as against net profit / (loss) of Rs.0.1396 crores for the period ended June 30, 2021.

The company has reported EPS of Rs.0.19 for the period ended June 30, 2022 as compared to Rs.0.04 for the period ended June 30, 2021.

Financials	Q1 FY2023	Q1 FY2022	% Change
Total Income	₹ 29.8831 crs	₹22.0819 crs	35.33%
Net Profit	₹0.7071 crs	₹0.1396 crs	406.52%
EPS	₹0.19	₹0.04	375.00%

Shares of WEP SOLUTIONS LTD. was last trading in BSE at Rs. 22.35 as compared to the previous close of Rs. 22.60. The total number of shares traded during the day was 3193 in over 40 trades.

The stock hit an intraday high of Rs. 23.60 and intraday low of 22.20. The net turnover during the day was Rs. 71686.00.

Source : Equity Bulls

Keywords

WePSolutions Q1FY23 ResultUpdate