Refnol Resins and Chemicals Ltd Q1FY23 consolidated loss at Rs. 30.25 lakhs

REFNOL RESINS & CHEMICALS LTD. has reported Consolidated financial results for the period ended June 30, 2022.

Financial Results (Q1 FY2023) - QoQ Comparison

The company has reported total income of Rs. 16.6048 crores during the period ended June 30, 2022 as compared to Rs. 14.7157 crores during the period ended March 31, 2022.

The company has posted net profit / (loss) of Rs. -0.3025 crores for the period ended June 30, 2022 as against net profit / (loss) of Rs. 0.1725 crores for the period ended March 31, 2022.

The company has reported EPS of Rs. -0.98 for the period ended June 30, 2022 as compared to Rs. 0.56 for the period ended March 31, 2022.

Financials	Q1 FY2023	Q4 FY2022	% Change
Total Income	₹ 16.6048 crs	₹14.7157 crs	12.84%
Net Profit	₹-0.3025 crs	₹0.1725 crs	-275.36%
EPS	₹-0.98	₹0.56	-275.00%

Financial Results (Q1 FY2023) - YoY Comparison

The company has reported total income of Rs. 16.6048 crores during the period ended June 30, 2022 as compared to Rs.10.3703 crores during the period ended June 30, 2021.

The company has posted net profit / (loss) of Rs.-0.3025 crores for the period ended June 30, 2022 as against net profit / (loss) of Rs.-0.1913 crores for the period ended June 30, 2021.

The company has reported EPS of Rs.-0.98 for the period ended June 30, 2022 as compared to Rs.-0.62 for the period ended June 30, 2021.

Financials	Q1 FY2023	Q1 FY2022	% Change
Total Income	₹ 16.6048 crs	₹10.3703 crs	60.12%
Net Profit	₹-0.3025 crs	₹-0.1913 crs	58.13%
EPS	₹-0.98	₹-0.62	58.06%

Shares of REFNOL RESINS & CHEMICALS LTD. was last trading in BSE at Rs. 54.45 as compared to the previous close of Rs. 54.55. The total number of shares traded during the day was 4529 in over 63 trades.

The stock hit an intraday high of Rs. 57.95 and intraday low of 53.80. The net turnover during the day was Rs. 255899.00.

Source : Equity Bulls

Keywords

RefnolResinsandChemicals Q1FY23 ResultUpdate