Longview Tea Company Ltd Q1FY23 loss at Rs. 51 lakhs

LONGVIEW TEA COMPANY 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. 0.9360 crores during the period ended June 30, 2022 as compared to Rs. 0.4421 crores during the period ended March 31, 2022.

The company has posted net profit / (loss) of Rs. -0.51 crores for the period ended June 30, 2022 as against net profit / (loss) of Rs. 0.0685 crores for the period ended March 31, 2022.

The company has reported EPS of Rs. -1.70 for the period ended June 30, 2022 as compared to Rs. 0.23 for the period ended March 31, 2022.

Financials	Q1 FY2023	Q4 FY2022	% Change
Total Income	₹ 0.9360 crs	₹0.4421 crs	111.72%
Net Profit	₹-0.51 crs	₹0.0685 crs	-844.53%
EPS	₹-1.70	₹0.23	-839.13%

Financial Results (Q1 FY2023) - YoY Comparison

The company has reported total income of Rs. 0.9360 crores during the period ended June 30, 2022 as compared to Rs.0.8819 crores during the period ended June 30, 2021.

The company has posted net profit / (loss) of Rs.-0.51 crores for the period ended June 30, 2022 as against net profit / (loss) of Rs.0.1244 crores for the period ended June 30, 2021.

The company has reported EPS of Rs.-1.70 for the period ended June 30, 2022 as compared to Rs.0.42 for the period ended June 30, 2021.

Financials	Q1 FY2023	Q1 FY2022	% Change
Total Income	₹ 0.9360 crs	₹0.8819 crs	6.13%
Net Profit	₹-0.51 crs	₹0.1244 crs	-509.97%
EPS	₹-1.70	₹0.42	-504.76%

Shares of LONGVIEW TEA COMPANY LTD. was last trading in BSE at Rs. 28.00 as compared to the previous close of Rs. 27.70. The total number of shares traded during the day was 305 in over 9 trades.

The stock hit an intraday high of Rs. 29.00 and intraday low of 26.35. The net turnover during the day was Rs. 8523.00.

Source : Equity Bulls

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LongviewTeaCompany Q1FY23 ResultUpdate