Bright Brothers Ltd Q1FY23 net profit drops to Rs. 32.07 lakhs

BRIGHT BROTHERS 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. 64.6682 crores during the period ended June 30, 2022 as compared to Rs. 62.0833 crores during the period ended March 31, 2022.

The company has posted net profit / (loss) of Rs. 0.3207 crores for the period ended June 30, 2022 as against net profit / (loss) of Rs. 0.5529 crores for the period ended March 31, 2022.

The company has reported EPS of Rs. 0.56 for the period ended June 30, 2022 as compared to Rs. 0.97 for the period ended March 31, 2022.

Financials	Q1 FY2023	Q4 FY2022	% Change
Total Income	₹ 64.6682 crs	₹62.0833 crs	4.16%
Net Profit	₹0.3207 crs	₹0.5529 crs	-42.00%
EPS	₹0.56	₹0.97	-42.27%

Financial Results (Q1 FY2023) - YoY Comparison

The company has reported total income of Rs. 64.6682 crores during the period ended June 30, 2022 as compared to Rs.50.7933 crores during the period ended June 30, 2021.

The company has posted net profit / (loss) of Rs.0.3207 crores for the period ended June 30, 2022 as against net profit / (loss) of Rs.0.3753 crores for the period ended June 30, 2021.

The company has reported EPS of Rs.0.56 for the period ended June 30, 2022 as compared to Rs.0.66 for the period ended June 30, 2021.

Financials	Q1 FY2023	Q1 FY2022	% Change
Total Income	₹ 64.6682 crs	₹50.7933 crs	27.32%
Net Profit	₹0.3207 crs	₹0.3753 crs	-14.55%
EPS	₹0.56	₹0.66	-15.15%

Shares of BRIGHT BROTHERS LTD. was last trading in BSE at Rs. 158.80 as compared to the previous close of Rs. 154.95. The total number of shares traded during the day was 5603 in over 135 trades.

The stock hit an intraday high of Rs. 168.00 and intraday low of 153.50. The net turnover during the day was Rs. 889691.00.

Source : Equity Bulls

Keywords

BrightBrothers Q1FY23 ResultUpdate