Shree Rama Newsprint Ltd Q1 FY23 loss at Rs. 1.95 crore

Shree Rama Newsprint 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. 47.0911 crores during the period ended June 30, 2022 as compared to Rs. 32.1308 crores during the period ended March 31, 2022.

The company has posted net profit / (loss) of Rs. -1.9554 crores for the period ended June 30, 2022 as against net profit / (loss) of Rs. -7.5762 crores for the period ended March 31, 2022.

The company has reported EPS of Rs. -0.13 for the period ended June 30, 2022 as compared to Rs. -0.51 for the period ended March 31, 2022.

Financials	Q1 FY2023	Q4 FY2022	% Change
Total Income	₹ 47.0911 crs	₹32.1308 crs	46.56%
Net Profit	₹-1.9554 crs	₹-7.5762 crs	74.19%
EPS	₹-0.13	₹-0.51	74.51%

Financial Results (Q1 FY2023) - YoY Comparison

The company has reported total income of Rs. 47.0911 crores during the period ended June 30, 2022 as compared to Rs.105.9865 crores during the period ended June 30, 2021.

The company has posted net profit / (loss) of Rs.-1.9554 crores for the period ended June 30, 2022 as against net profit / (loss) of Rs.-13.7131 crores for the period ended June 30, 2021.

The company has reported EPS of Rs.-0.13 for the period ended June 30, 2022 as compared to Rs.-0.93 for the period ended June 30, 2021.

Financials	Q1 FY2023	Q1 FY2022	% Change
Total Income	₹ 47.0911 crs	₹105.9865 crs	-55.57%
Net Profit	₹-1.9554 crs	₹-13.7131 crs	85.74%
EPS	₹-0.13	₹-0.93	86.02%

Shares of Shree Rama Newsprint Limited was last trading in BSE at Rs. 16.75 as compared to the previous close of Rs. 16.40. The total number of shares traded during the day was 1494 in over 139 trades.

The stock hit an intraday high of Rs. 16.75 and intraday low of 16.35. The net turnover during the day was Rs. 24990.00.

Source : Equity Bulls

Keywords

ShreeRamaNewsprint Q1FY23 ResultUpdate