Gujarat Industries Power Company Ltd Q1 FY2023 profit higher at Rs. 62.85 crores

Gujarat Industries Power Company 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. 308.8214 crores during the period ended June 30, 2022 as compared to Rs. 300.0094 crores during the period ended March 31, 2022.

The company has posted net profit / (loss) of Rs. 62.8575 crores for the period ended June 30, 2022 as against net profit / (loss) of Rs. 54.6601 crores for the period ended March 31, 2022.

The company has reported EPS of Rs. 4.16 for the period ended June 30, 2022 as compared to Rs. 3.61 for the period ended March 31, 2022.

Financials	Q1 FY2023	Q4 FY2022	% Change
Total Income	₹ 308.8214 crs	₹300.0094 crs	2.94%
Net Profit	₹62.8575 crs	₹54.6601 crs	15.00%
EPS	₹4.16	₹3.61	15.24%

Financial Results (Q1 FY2023) - YoY Comparison

The company has reported total income of Rs. 308.8214 crores during the period ended June 30, 2022 as compared to Rs.300.3393 crores during the period ended June 30, 2021.

The company has posted net profit / (loss) of Rs.62.8575 crores for the period ended June 30, 2022 as against net profit / (loss) of Rs.35.3754 crores for the period ended June 30, 2021.

The company has reported EPS of Rs.4.16 for the period ended June 30, 2022 as compared to Rs.2.34 for the period ended June 30, 2021.

Financials	Q1 FY2023	Q1 FY2022	% Change
Total Income	₹ 308.8214 crs	₹300.3393 crs	2.82%
Net Profit	₹62.8575 crs	₹35.3754 crs	77.69%
EPS	₹4.16	₹2.34	77.78%

Shares of Gujarat Industries Power Company Limited was last trading in BSE at Rs. 84.35 as compared to the previous close of Rs. 84.85. The total number of shares traded during the day was 16048 in over 630 trades.

The stock hit an intraday high of Rs. 85.60 and intraday low of 83.00. The net turnover during the day was Rs. 1354700.00.

Source : Equity Bulls

Keywords

GujaratIndustriesPowerCompany Q1FY23 ResultUpdate