Gujarat State Financial Corporation Ltd Q1FY23 loss at Rs. 32.49 crores

Gujarat State Financial Corporation 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. 2.4988 crores during the period ended June 30, 2022 as compared to Rs. 2.4678 crores during the period ended March 31, 2022.

The company has posted net profit / (loss) of Rs. -32.4936 crores for the period ended June 30, 2022 as against net profit / (loss) of Rs. -31.7215 crores for the period ended March 31, 2022.

The company has reported EPS of Rs. -3.65 for the period ended June 30, 2022 as compared to Rs. -3.56 for the period ended March 31, 2022.

Financials	Q1 FY2023	Q4 FY2022	% Change
Total Income	₹ 2.4988 crs	₹2.4678 crs	1.26%
Net Profit	₹-32.4936 crs	₹-31.7215 crs	2.43%
EPS	₹-3.65	₹-3.56	2.53%

Financial Results (Q1 FY2023) - YoY Comparison

The company has reported total income of Rs. 2.4988 crores during the period ended June 30, 2022 as compared to Rs.3.0941 crores during the period ended June 30, 2021.

The company has posted net profit / (loss) of Rs.-32.4936 crores for the period ended June 30, 2022 as against net profit / (loss) of Rs.-31.3960 crores for the period ended June 30, 2021.

The company has reported EPS of Rs.-3.65 for the period ended June 30, 2022 as compared to Rs.-3.52 for the period ended June 30, 2021.

Financials	Q1 FY2023	Q1 FY2022	% Change
Total Income	₹ 2.4988 crs	₹3.0941 crs	-19.24%
Net Profit	₹-32.4936 crs	₹-31.3960 crs	3.50%
EPS	₹-3.65	₹-3.52	3.69%

Shares of Gujarat State Financial Corporation was last trading in BSE at Rs. 7.37 as compared to the previous close of Rs. 7.69. The total number of shares traded during the day was 6857 in over 65 trades.

The stock hit an intraday high of Rs. 7.84 and intraday low of 7.34. The net turnover during the day was Rs. 50970.00.

Source : Equity Bulls

Keywords

GujaratStateFinancialCorporation Q1FY23 ResultUpdate