Jyoti Resins and Adhesives Ltd Q1FY23 net profit jumps to Rs. 9.07 crores

JYOTI RESINS & ADHESIVES 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. 64.1147 crores during the period ended June 30, 2022 as compared to Rs. 59.2362 crores during the period ended March 31, 2022.

The company has posted net profit / (loss) of Rs. 9.0737 crores for the period ended June 30, 2022 as against net profit / (loss) of Rs. 6.9208 crores for the period ended March 31, 2022.

The company has reported EPS of Rs. 22.68 for the period ended June 30, 2022 as compared to Rs. 17.30 for the period ended March 31, 2022.

Financials	Q1 FY2023	Q4 FY2022	% Change
Total Income	₹ 64.1147 crs	₹59.2362 crs	8.24%
Net Profit	₹9.0737 crs	₹6.9208 crs	31.11%
EPS	₹22.68	₹17.30	31.10%

Financial Results (Q1 FY2023) - YoY Comparison

The company has reported total income of Rs. 64.1147 crores during the period ended June 30, 2022 as compared to Rs.27.8274 crores during the period ended June 30, 2021.

The company has posted net profit / (loss) of Rs.9.0737 crores for the period ended June 30, 2022 as against net profit / (loss) of Rs.3.6174 crores for the period ended June 30, 2021.

The company has reported EPS of Rs.22.68 for the period ended June 30, 2022 as compared to Rs.9.04 for the period ended June 30, 2021.

Financials	Q1 FY2023	Q1 FY2022	% Change
Total Income	₹ 64.1147 crs	₹27.8274 crs	130.40%
Net Profit	₹9.0737 crs	₹3.6174 crs	150.83%
EPS	₹22.68	₹9.04	150.88%

Shares of JYOTI RESINS & ADHESIVES LTD. was last trading in BSE at Rs. 2574.25 as compared to the previous close of Rs. 2705.85. The total number of shares traded during the day was 6991 in over 986 trades.

The stock hit an intraday high of Rs. 2820.00 and intraday low of 2570.60. The net turnover during the day was Rs. 18473203.00.

Source : Equity Bulls

Keywords

JyotiResinsandAdhesives Q1FY23 ResultUpdate