Suryaamba Spinning Mills Ltd Q1FY23 net profit slides QoQ to Rs. 3.93 crores

SURYAAMBA SPINNING MILLS 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. 60.5177 crores during the period ended June 30, 2022 as compared to Rs. 70.5351 crores during the period ended March 31, 2022.

The company has posted net profit / (loss) of Rs. 3.9344 crores for the period ended June 30, 2022 as against net profit / (loss) of Rs. 5.0988 crores for the period ended March 31, 2022.

The company has reported EPS of Rs. 13.42 for the period ended June 30, 2022 as compared to Rs. 17.39 for the period ended March 31, 2022.

Financials	Q1 FY2023	Q4 FY2022	% Change
Total Income	₹ 60.5177 crs	₹70.5351 crs	-14.20%
Net Profit	₹3.9344 crs	₹5.0988 crs	-22.84%
EPS	₹13.42	₹17.39	-22.83%

Financial Results (Q1 FY2023) - YoY Comparison

The company has reported total income of Rs. 60.5177 crores during the period ended June 30, 2022 as compared to Rs.47.8586 crores during the period ended June 30, 2021.

The company has posted net profit / (loss) of Rs.3.9344 crores for the period ended June 30, 2022 as against net profit / (loss) of Rs.2.6103 crores for the period ended June 30, 2021.

The company has reported EPS of Rs.13.42 for the period ended June 30, 2022 as compared to Rs.8.90 for the period ended June 30, 2021.

Financials	Q1 FY2023	Q1 FY2022	% Change
Total Income	₹ 60.5177 crs	₹47.8586 crs	26.45%
Net Profit	₹3.9344 crs	₹2.6103 crs	50.73%
EPS	₹13.42	₹8.90	50.79%

Shares of SURYAAMBA SPINNING MILLS LTD. was last trading in BSE at Rs. 190.60 as compared to the previous close of Rs. 196.55. The total number of shares traded during the day was 3099 in over 49 trades.

The stock hit an intraday high of Rs. 209.95 and intraday low of 187.10. The net turnover during the day was Rs. 605974.00.

Source : Equity Bulls

Keywords

SuryaambaSpinningMills Q1FY23 ResultUpdate