Swadeshi Polytex Ltd Q1 FY23 profit at Rs. 10.62 crores

SWADESHI POLYTEX 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. 14.0428 crores during the period ended June 30, 2022 as compared to Rs. 36.4633 crores during the period ended March 31, 2022.

The company has posted net profit / (loss) of Rs. 10.6206 crores for the period ended June 30, 2022 as against net profit / (loss) of Rs. 28.8634 crores for the period ended March 31, 2022.

The company has reported EPS of Rs. 2.72 for the period ended June 30, 2022 as compared to Rs. 7.42 for the period ended March 31, 2022.

Financials	Q1 FY2023	Q4 FY2022	% Change
Total Income	₹ 14.0428 crs	₹36.4633 crs	-61.49%
Net Profit	₹10.6206 crs	₹28.8634 crs	-63.20%
EPS	₹2.72	₹7.42	-63.34%

Financial Results (Q1 FY2023) - YoY Comparison

The company has reported total income of Rs. 14.0428 crores during the period ended June 30, 2022 as compared to Rs.0.1612 crores during the period ended June 30, 2021.

The company has posted net profit / (loss) of Rs.10.6206 crores for the period ended June 30, 2022 as against net profit / (loss) of Rs.-0.1696 crores for the period ended June 30, 2021.

The company has reported EPS of Rs.2.72 for the period ended June 30, 2022 as compared to Rs.-0.04 for the period ended June 30, 2021.

Financials	Q1 FY2023	Q1 FY2022	% Change
Total Income	₹ 14.0428 crs	₹0.1612 crs	8,611.41%
Net Profit	₹10.6206 crs	₹-0.1696 crs	6,362.15%
EPS	₹2.72	₹-0.04	6,900.00%

Shares of SWADESHI POLYTEX LTD. was last trading in BSE at Rs. 22.85 as compared to the previous close of Rs. 24.05. The total number of shares traded during the day was 25735 in over 148 trades.

The stock hit an intraday high of Rs. 25.25 and intraday low of 22.85. The net turnover during the day was Rs. 609192.00.

Source : Equity Bulls

Keywords

SwadeshiPolytex Q1FY23 ResultUpdate