Sharat Industries Ltd posts PAT of Rs. 2.70 crore in Q1 FY2022-23

SHARAT INDUSTRIES 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. 87.8098 crores during the period ended June 30, 2022 as compared to Rs. 53.8580 crores during the period ended March 31, 2022.

The company has posted net profit / (loss) of Rs. 2.7005 crores for the period ended June 30, 2022 as against net profit / (loss) of Rs. 0.5070 crores for the period ended March 31, 2022.

The company has reported EPS of Rs. 1.13 for the period ended June 30, 2022 as compared to Rs. 0.21 for the period ended March 31, 2022.

Financials	Q1 FY2023	Q4 FY2022	% Change
Total Income	₹ 87.8098 crs	₹53.8580 crs	63.04%
Net Profit	₹2.7005 crs	₹0.5070 crs	432.64%
EPS	₹1.13	₹0.21	438.10%

Financial Results (Q1 FY2023) - YoY Comparison

The company has reported total income of Rs. 87.8098 crores during the period ended June 30, 2022 as compared to Rs.69.4307 crores during the period ended June 30, 2021.

The company has posted net profit / (loss) of Rs.2.7005 crores for the period ended June 30, 2022 as against net profit / (loss) of Rs.1.47 crores for the period ended June 30, 2021.

The company has reported EPS of Rs.1.13 for the period ended June 30, 2022 as compared to Rs.0.67 for the period ended June 30, 2021.

Financials	Q1 FY2023	Q1 FY2022	% Change
Total Income	₹ 87.8098 crs	₹69.4307 crs	26.47%
Net Profit	₹2.7005 crs	₹1.47 crs	83.71%
EPS	₹1.13	₹0.67	68.66%

Shares of SHARAT INDUSTRIES LTD. was last trading in BSE at Rs. 60.00 as compared to the previous close of Rs. 62.40. The total number of shares traded during the day was 9808 in over 39 trades.

The stock hit an intraday high of Rs. 62.80 and intraday low of 59.45. The net turnover during the day was Rs. 594102.00.

Source : Equity Bulls

Keywords

SharatIndustries Q1FY23 ResultUpdate