Aban Offshore Ltd consolidated Q1FY23 loss at Rs. 212.76 crores

Aban Offshore Limited 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. 242.499 crores during the period ended June 30, 2022 as compared to Rs. 136.798 crores during the period ended March 31, 2022.

The company has posted net profit / (loss) of Rs. -212.763 crores for the period ended June 30, 2022 as against net profit / (loss) of Rs. -1345.319 crores for the period ended March 31, 2022.

The company has reported EPS of Rs. -36.48 for the period ended June 30, 2022 as compared to Rs. -230.53 for the period ended March 31, 2022.

Financials	Q1 FY2023	Q4 FY2022	% Change
Total Income	₹ 242.499 crs	₹136.798 crs	77.27%
Net Profit	₹-212.763 crs	₹-1345.319 crs	84.18%
EPS	₹-36.48	₹-230.53	84.18%

Financial Results (Q1 FY2023) - YoY Comparison

The company has reported total income of Rs. 242.499 crores during the period ended June 30, 2022 as compared to Rs.194.096 crores during the period ended June 30, 2021.

The company has posted net profit / (loss) of Rs.-212.763 crores for the period ended June 30, 2022 as against net profit / (loss) of Rs.-256.423 crores for the period ended June 30, 2021.

The company has reported EPS of Rs.-36.48 for the period ended June 30, 2022 as compared to Rs.-43.94 for the period ended June 30, 2021.

Financials	Q1 FY2023	Q1 FY2022	% Change
Total Income	₹ 242.499 crs	₹194.096 crs	24.94%
Net Profit	₹-212.763 crs	₹-256.423 crs	17.03%
EPS	₹-36.48	₹-43.94	16.98%

Shares of Aban Offshore Limited was last trading in BSE at Rs. 45.60 as compared to the previous close of Rs. 45.55. The total number of shares traded during the day was 8455 in over 335 trades.

The stock hit an intraday high of Rs. 46.00 and intraday low of 45.05. The net turnover during the day was Rs. 385431.00.

Source : Equity Bulls

Keywords

AbanOffshore Q1FY23 ResultUpdate