Avadh Sugar and Energy Ltd Q1 FY2023 net profit declines QOQ to Rs. 19.69 crores

Avadh Sugar & Energy Limited 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. 688.4074 crores during the period ended June 30, 2022 as compared to Rs. 760.3371 crores during the period ended March 31, 2022.

The company has posted net profit / (loss) of Rs. 19.6916 crores for the period ended June 30, 2022 as against net profit / (loss) of Rs. 51.3534 crores for the period ended March 31, 2022.

The company has reported EPS of Rs. 9.84 for the period ended June 30, 2022 as compared to Rs. 25.66 for the period ended March 31, 2022.

Financials	Q1 FY2023	Q4 FY2022	% Change
Total Income	₹ 688.4074 crs	₹760.3371 crs	-9.46%
Net Profit	₹19.6916 crs	₹51.3534 crs	-61.65%
EPS	₹9.84	₹25.66	-61.65%

Financial Results (Q1 FY2023) - YoY Comparison

The company has reported total income of Rs. 688.4074 crores during the period ended June 30, 2022 as compared to Rs.619.3130 crores during the period ended June 30, 2021.

The company has posted net profit / (loss) of Rs.19.6916 crores for the period ended June 30, 2022 as against net profit / (loss) of Rs.18.9479 crores for the period ended June 30, 2021.

The company has reported EPS of Rs.9.84 for the period ended June 30, 2022 as compared to Rs.9.47 for the period ended June 30, 2021.

Financials	Q1 FY2023	Q1 FY2022	% Change
Total Income	₹ 688.4074 crs	₹619.3130 crs	11.16%
Net Profit	₹19.6916 crs	₹18.9479 crs	3.92%
EPS	₹9.84	₹9.47	3.91%

Shares of Avadh Sugar & Energy Limited was last trading in BSE at Rs. 528.85 as compared to the previous close of Rs. 554.85. The total number of shares traded during the day was 10224 in over 1092 trades.

The stock hit an intraday high of Rs. 559.70 and intraday low of 523.30. The net turnover during the day was Rs. 5462595.00.

Source : Equity Bulls

Keywords

AvadhSugarandEnergy Q1FY23 ResultUpdate