Hind Rectifiers Ltd reports net loss of Rs. 2.27 crore in Q1FY23

Hind Rectifiers 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. 72.6593 crores during the period ended June 30, 2022 as compared to Rs. 102.4998 crores during the period ended March 31, 2022.

The company has posted net profit / (loss) of Rs. -2.2708 crores for the period ended June 30, 2022 as against net profit / (loss) of Rs. 1.5633 crores for the period ended March 31, 2022.

The company has reported EPS of Rs. -1.36 for the period ended June 30, 2022 as compared to Rs. 0.94 for the period ended March 31, 2022.

Financials	Q1 FY2023	Q4 FY2022	% Change
Total Income	₹ 72.6593 crs	₹102.4998 crs	-29.11%
Net Profit	₹-2.2708 crs	₹1.5633 crs	-245.26%
EPS	₹-1.36	₹0.94	-244.68%

Financial Results (Q1 FY2023) - YoY Comparison

The company has reported total income of Rs. 72.6593 crores during the period ended June 30, 2022 as compared to Rs.73.4980 crores during the period ended June 30, 2021.

The company has posted net profit / (loss) of Rs.-2.2708 crores for the period ended June 30, 2022 as against net profit / (loss) of Rs.1.5473 crores for the period ended June 30, 2021.

The company has reported EPS of Rs.-1.36 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	₹ 72.6593 crs	₹73.4980 crs	-1.14%
Net Profit	₹-2.2708 crs	₹1.5473 crs	-246.76%
EPS	₹-1.36	₹0.93	-246.24%

Shares of Hind Rectifiers Limited was last trading in BSE at Rs. 181.65 as compared to the previous close of Rs. 183.35. The total number of shares traded during the day was 2651 in over 100 trades.

The stock hit an intraday high of Rs. 183.00 and intraday low of 174.20. The net turnover during the day was Rs. 475710.00.

Source : Equity Bulls

Keywords

HindRectifiers Q1FY23 ResultUpdate