Fervent Synergies Ltd Q1FY23 net profit at Rs. 4.61 lakhs

FERVENT SYNERGIES 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. 0.2350 crores during the period ended June 30, 2022 as compared to Rs. 0.0003 crores during the period ended March 31, 2022.

The company has posted net profit / (loss) of Rs. 0.0461 crores for the period ended June 30, 2022 as against net profit / (loss) of Rs. -0.2475 crores for the period ended March 31, 2022.

The company has reported EPS of Rs. 0.0153 for the period ended June 30, 2022 as compared to Rs. -0.0825 for the period ended March 31, 2022.

Financials	Q1 FY2023	Q4 FY2022	% Change
Total Income	₹ 0.2350 crs	₹0.0003 crs	78,233.33%
Net Profit	₹0.0461 crs	₹-0.2475 crs	118.63%
EPS	₹0.0153	₹-0.0825	118.55%

Financial Results (Q1 FY2023) - YoY Comparison

The company has reported total income of Rs. 0.2350 crores during the period ended June 30, 2022 as compared to Rs.0.2073 crores during the period ended June 30, 2021.

The company has posted net profit / (loss) of Rs.0.0461 crores for the period ended June 30, 2022 as against net profit / (loss) of Rs.0.0120 crores for the period ended June 30, 2021.

The company has reported EPS of Rs.0.0153 for the period ended June 30, 2022 as compared to Rs.0.004 for the period ended June 30, 2021.

Financials	Q1 FY2023	Q1 FY2022	% Change
Total Income	₹ 0.2350 crs	₹0.2073 crs	13.36%
Net Profit	₹0.0461 crs	₹0.0120 crs	284.17%
EPS	₹0.0153	₹0.004	282.50%

Shares of FERVENT SYNERGIES LTD. was last trading in BSE at Rs. 13.90 as compared to the previous close of Rs. 13.29. The total number of shares traded during the day was 2857 in over 24 trades.

The stock hit an intraday high of Rs. 13.90 and intraday low of 12.41. The net turnover during the day was Rs. 37995.00.

Source : Equity Bulls

Keywords

FerventSynergies Q1FY23 ResultUpdate