I G Petrochemicals Ltd posts higher consolidated PAT of Rs. 81.01 crores in Q1FY23

IG Petrochemicals Limited has reported Consolidated financial results for the period ended June 30, 2022.

Financial Results (Q1 FY2023) - QoQ Comparison

The company has reported total income of Rs. 664.1019 crores during the period ended June 30, 2022 as compared to Rs. 519.1260 crores during the period ended March 31, 2022.

The company has posted net profit / (loss) of Rs. 81.0136 crores for the period ended June 30, 2022 as against net profit / (loss) of Rs. 73.6230 crores for the period ended March 31, 2022.

The company has reported EPS of Rs. 26.30 for the period ended June 30, 2022 as compared to Rs. 23.91 for the period ended March 31, 2022.

Financials	Q1 FY2023	Q4 FY2022	% Change
Total Income	₹664.1019 crs	₹519.1260 crs	27.93%
Net Profit	₹81.0136 crs	₹73.6230 crs	10.04%
EPS	₹26.30	₹23.91	10.00%

Financial Results (Q1 FY2023) - YoY Comparison

The company has reported total income of Rs.664.1019 crores during the period ended June 30, 2022 as compared to Rs.388.5841 crores during the period ended June 30, 2021.

The company has posted net profit / (loss) of Rs.81.0136 crores for the period ended June 30, 2022 as against net profit / (loss) of Rs.51.4822 crores for the period ended June 30, 2021.

The company has reported EPS of Rs.26.30 for the period ended June 30, 2022 as compared to Rs.16.72 for the period ended June 30, 2021.

Financials	Q1 FY2023	Q1 FY2022	% Change
Total Income	₹664.1019 crs	₹388.5841 crs	70.90%
Net Profit	₹81.0136 crs	₹51.4822 crs	57.36%
EPS	₹26.30	₹16.72	57.30%

Shares of IG Petrochemicals Limited was last trading in BSE at Rs. 631.65 as compared to the previous close of Rs. 626.80. The total number of shares traded during the day was 1086 in over 256 trades.

The stock hit an intraday high of Rs. 638.00 and intraday low of 623.00. The net turnover during the day was Rs. 684114.00.

Source : Equity Bulls

Keywords

IGPetrochemicals Q1FY23 ResultUpdate