Avasara Finance Ltd Q1FY23 loss at Rs. 2.75 lakhs

TRC FINANCIAL SERVICES 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. 0.0429 crores during the period ended June 30, 2022 as compared to Rs. 0.0424 crores during the period ended March 31, 2022.

The company has posted net profit / (loss) of Rs. -0.0276 crores for the period ended June 30, 2022 as against net profit / (loss) of Rs. -0.1166 crores for the period ended March 31, 2022.

The company has reported EPS of Rs. -0.05 for the period ended June 30, 2022 as compared to Rs. -0.23 for the period ended March 31, 2022.

Financials	Q1 FY2023	Q4 FY2022	% Change
Total Income	₹ 0.0429 crs	₹0.0424 crs	1.18%
Net Profit	₹-0.0276 crs	₹-0.1166 crs	76.33%
EPS	₹-0.05	₹-0.23	78.26%

Financial Results (Q1 FY2023) - YoY Comparison

The company has reported total income of Rs. 0.0429 crores during the period ended June 30, 2022 as compared to Rs.0.0974 crores during the period ended June 30, 2021.

The company has posted net profit / (loss) of Rs.-0.0276 crores for the period ended June 30, 2022 as against net profit / (loss) of Rs.-0.0080 crores for the period ended June 30, 2021.

The company has reported EPS of Rs.-0.05 for the period ended June 30, 2022 as compared to Rs.0.02 for the period ended June 30, 2021.

Financials	Q1 FY2023	Q1 FY2022	% Change
Total Income	₹ 0.0429 crs	₹0.0974 crs	-55.95%
Net Profit	₹-0.0276 crs	₹-0.0080 crs	245.00%
EPS	₹-0.05	₹0.02	-350.00%

Shares of TRC FINANCIAL SERVICES LTD. was last trading in BSE at Rs. 17.15 as compared to the previous close of Rs. 17.15. The total number of shares traded during the day was 201 in over 2 trades.

The stock hit an intraday high of Rs. 18.00 and intraday low of 17.15. The net turnover during the day was Rs. 3617.00.

Source : Equity Bulls

Keywords

AvasaraFinance Q1FY23 ResultUpdate