Smruthi Organics Ltd Q1FY23 PAT at Rs. 30.25 lakhs

Smruthi Organics 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. 29.1038 crores during the period ended June 30, 2022 as compared to Rs. 35.5689 crores during the period ended March 31, 2022.

The company has posted net profit / (loss) of Rs. 0.3025 crores for the period ended June 30, 2022 as against net profit / (loss) of Rs. 1.7314 crores for the period ended March 31, 2022.

The company has reported EPS of Rs. 0.26 for the period ended June 30, 2022 as compared to Rs. 1.51 for the period ended March 31, 2022.

Financials	Q1 FY2023	Q4 FY2022	% Change
Total Income	₹ 29.1038 crs	₹35.5689 crs	-18.18%
Net Profit	₹0.3025 crs	₹1.7314 crs	-82.53%
EPS	₹0.26	₹1.51	-82.78%

Financial Results (Q1 FY2023) - YoY Comparison

The company has reported total income of Rs. 29.1038 crores during the period ended June 30, 2022 as compared to Rs.31.0769 crores during the period ended June 30, 2021.

The company has posted net profit / (loss) of Rs.0.3025 crores for the period ended June 30, 2022 as against net profit / (loss) of Rs.2.5334 crores for the period ended June 30, 2021.

The company has reported EPS of Rs.0.26 for the period ended June 30, 2022 as compared to Rs.2.21 for the period ended June 30, 2021.

Financials	Q1 FY2023	Q1 FY2022	% Change
Total Income	₹ 29.1038 crs	₹31.0769 crs	-6.35%
Net Profit	₹0.3025 crs	₹2.5334 crs	-88.06%
EPS	₹0.26	₹2.21	-88.24%

Shares of Smruthi Organics Ltd was last trading in BSE at Rs. 173.85 as compared to the previous close of Rs. 173.00. The total number of shares traded during the day was 1242 in over 36 trades.

The stock hit an intraday high of Rs. 178.40 and intraday low of 171.10. The net turnover during the day was Rs. 214864.00.

Source : Equity Bulls

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SmruthiOrganics Q1FY23 ResultUpdate