Surana Solar Ltd posts higher Q1 FY2023 net profit of Rs. 1.90 crore

Surana Solar 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. 13.1834 crores during the period ended June 30, 2022 as compared to Rs. 8.9229 crores during the period ended March 31, 2022.

The company has posted net profit / (loss) of Rs. 1.9056 crores for the period ended June 30, 2022 as against net profit / (loss) of Rs. 0.3056 crores for the period ended March 31, 2022.

The company has reported EPS of Rs. 0.39 for the period ended June 30, 2022 as compared to Rs. 0.06 for the period ended March 31, 2022.

Financials	Q1 FY2023	Q4 FY2022	% Change
Total Income	₹ 13.1834 crs	₹8.9229 crs	47.75%
Net Profit	₹1.9056 crs	₹0.3056 crs	523.56%
EPS	₹0.39	₹0.06	550.00%

Financial Results (Q1 FY2023) - YoY Comparison

The company has reported total income of Rs. 13.1834 crores during the period ended June 30, 2022 as compared to Rs.3.9048 crores during the period ended June 30, 2021.

The company has posted net profit / (loss) of Rs.1.9056 crores for the period ended June 30, 2022 as against net profit / (loss) of Rs.0.0701 crores for the period ended June 30, 2021.

The company has reported EPS of Rs.0.39 for the period ended June 30, 2022 as compared to Rs.0.01 for the period ended June 30, 2021.

Financials	Q1 FY2023	Q1 FY2022	% Change
Total Income	₹ 13.1834 crs	₹3.9048 crs	237.62%
Net Profit	₹1.9056 crs	₹0.0701 crs	2,618.40%
EPS	₹0.39	₹0.01	3,800.00%

Shares of Surana Solar Limited was last trading in BSE at Rs. 21.70 as compared to the previous close of Rs. 21.70. The total number of shares traded during the day was 12861 in over 160 trades.

The stock hit an intraday high of Rs. 22.65 and intraday low of 21.50. The net turnover during the day was Rs. 282289.00.

Source : Equity Bulls

Keywords

SuranaSolar Q1FY23 ResultUpdate