Confidence Futuristic Energetech Ltd consolidated Q1FY23 net profit falls to Rs. 50.71 lakhs

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. 22.2244 crores during the period ended June 30, 2022 as compared to Rs. 25.7040 crores during the period ended March 31, 2022.

The company has posted net profit / (loss) of Rs. 0.5071 crores for the period ended June 30, 2022 as against net profit / (loss) of Rs. 1.7773 crores for the period ended March 31, 2022.

The company has reported EPS of Rs. 0.04 for the period ended June 30, 2022 as compared to Rs. 0.89 for the period ended March 31, 2022.

Financials	Q1 FY2023	Q4 FY2022	% Change
Total Income	₹ 22.2244 crs	₹25.7040 crs	-13.54%
Net Profit	₹0.5071 crs	₹1.7773 crs	-71.47%
EPS	₹0.04	₹0.89	-95.51%

Financial Results (Q1 FY2023) - YoY Comparison

The company has reported total income of Rs. 22.2244 crores during the period ended June 30, 2022 as compared to Rs.4.0409 crores during the period ended June 30, 2021.

The company has posted net profit / (loss) of Rs.0.5071 crores for the period ended June 30, 2022 as against net profit / (loss) of Rs.-2.3422 crores for the period ended June 30, 2021.

The company has reported EPS of Rs.0.04 for the period ended June 30, 2022 as compared to Rs.-1.17 for the period ended June 30, 2021.

Financials	Q1 FY2023	Q1 FY2022	% Change
Total Income	₹ 22.2244 crs	₹4.0409 crs	449.99%
Net Profit	₹0.5071 crs	₹-2.3422 crs	121.65%
EPS	₹0.04	₹-1.17	103.42%

Source : Equity Bulls

Keywords

ConfidenceFuturisticEnergetech Q1FY23 ResultUpdate