Fairchem Organics Ltd Q1FY23 PAT soars to Rs. 27.02 crores

Fairchem Organics 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. 225.4028 crores during the period ended June 30, 2022 as compared to Rs. 177.6629 crores during the period ended March 31, 2022.

The company has posted net profit / (loss) of Rs. 27.0295 crores for the period ended June 30, 2022 as against net profit / (loss) of Rs. 11.2432 crores for the period ended March 31, 2022.

The company has reported EPS of Rs. 20.76 for the period ended June 30, 2022 as compared to Rs. 8.63 for the period ended March 31, 2022.

Financials	Q1 FY2023	Q4 FY2022	% Change
Total Income	₹225.4028 crs	₹177.6629 crs	26.87%
Net Profit	₹27.0295 crs	₹ 11.2432 crs	140.41%
EPS	₹20.76	₹8.63	140.56%

Financial Results (Q1 FY2023) - YoY Comparison

The company has reported total income of Rs.225.4028 crores during the period ended June 30, 2022 as compared to Rs.139.5333 crores during the period ended June 30, 2021.

The company has posted net profit / (loss) of Rs.27.0295 crores for the period ended June 30, 2022 as against net profit / (loss) of Rs.22.3120 crores for the period ended June 30, 2021.

The company has reported EPS of Rs.20.76 for the period ended June 30, 2022 as compared to Rs.17.14 for the period ended June 30, 2021.

Financials	Q1 FY2023	Q1 FY2022	% Change
Total Income	₹225.4028 crs	₹139.5333 crs	61.54%
Net Profit	₹27.0295 crs	₹22.3120 crs	21.14%
EPS	₹20.76	₹17.14	21.12%

Shares of Fairchem Organics Limited was last trading in BSE at Rs. 1601.10 as compared to the previous close of Rs. 1566.75. The total number of shares traded during the day was 1195 in over 364 trades.

The stock hit an intraday high of Rs. 1632.75 and intraday low of 1572.00. The net turnover during the day was Rs. 1905096.00.

Source : Equity Bulls

Keywords

FairchemOrganics Q1FY23 ResultUpdate