Radix Industries India Ltd Q1FY23 profit lower at Rs. 19.43 lakhs

Radix Industries (India) 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. 2.9275 crores during the period ended June 30, 2022 as compared to Rs. 10.3013 crores during the period ended March 31, 2022.

The company has posted net profit / (loss) of Rs. 0.1943 crores for the period ended June 30, 2022 as against net profit / (loss) of Rs. 0.3932 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. 0.26 for the period ended March 31, 2022.

Financials	Q1 FY2023	Q4 FY2022	% Change
Total Income	₹ 2.9275 crs	₹10.3013 crs	-71.58%
Net Profit	₹0.1943 crs	₹0.3932 crs	-50.58%
EPS	₹0.13	₹0.26	-50.00%

Financial Results (Q1 FY2023) - YoY Comparison

The company has reported total income of Rs. 2.9275 crores during the period ended June 30, 2022 as compared to Rs.3.7987 crores during the period ended June 30, 2021.

The company has posted net profit / (loss) of Rs.0.1943 crores for the period ended June 30, 2022 as against net profit / (loss) of Rs.0.2728 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.0.18 for the period ended June 30, 2021.

Financials	Q1 FY2023	Q1 FY2022	% Change
Total Income	₹ 2.9275 crs	₹3.7987 crs	-22.93%
Net Profit	₹0.1943 crs	₹0.2728 crs	-28.78%
EPS	₹0.13	₹0.18	-27.78%

Shares of Radix Industries (India) Limited was last trading in BSE at Rs. 54.95 as compared to the previous close of Rs. 56.85. The total number of shares traded during the day was 248 in over 9 trades.

The stock hit an intraday high of Rs. 59.65 and intraday low of 54.45. The net turnover during the day was Rs. 14000.00.

Source : Equity Bulls

Keywords

RadixIndustriesIndia Q1FY23 ResultUpdate