Cochin Minerals and Rutile Ltd Q1 FY23 net profit up at Rs. 8.43 crores

COCHIN MINERALS & RUTILE 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. 99.1705 crores during the period ended June 30, 2022 as compared to Rs. 76.4583 crores during the period ended March 31, 2022.

The company has posted net profit / (loss) of Rs. 8.4386 crores for the period ended June 30, 2022 as against net profit / (loss) of Rs. 7.5844 crores for the period ended March 31, 2022.

The company has reported EPS of Rs. 10.78 for the period ended June 30, 2022 as compared to Rs. 9.68 for the period ended March 31, 2022.

Financials	Q1 FY2023	Q4 FY2022	% Change
Total Income	₹ 99.1705 crs	₹76.4583 crs	29.71%
Net Profit	₹8.4386 crs	₹7.5844 crs	11.26%
EPS	₹10.78	₹9.68	11.36%

Financial Results (Q1 FY2023) - YoY Comparison

The company has reported total income of Rs. 99.1705 crores during the period ended June 30, 2022 as compared to Rs.37.9779 crores during the period ended June 30, 2021.

The company has posted net profit / (loss) of Rs.8.4386 crores for the period ended June 30, 2022 as against net profit / (loss) of Rs.-0.9186 crores for the period ended June 30, 2021.

The company has reported EPS of Rs.10.78 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	₹ 99.1705 crs	₹37.9779 crs	161.13%
Net Profit	₹8.4386 crs	₹-0.9186 crs	1,018.64%
EPS	₹10.78	₹-1.17	1,021.37%

Shares of COCHIN MINERALS & RUTILE LTD. was last trading in BSE at Rs. 114.10 as compared to the previous close of Rs. 115.65. The total number of shares traded during the day was 2202 in over 44 trades.

The stock hit an intraday high of Rs. 115.05 and intraday low of 111.05. The net turnover during the day was Rs. 249107.00.

Source : Equity Bulls

Keywords

CochinMineralsandRutile Q1FY23 ResultUpdate