INEOS Styrolution India Ltd Q1FY23 net profit at Rs. 86.78 crores

INEOS Styrolution India 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. 655.8674 crores during the period ended June 30, 2022 as compared to Rs. 624.8311 crores during the period ended March 31, 2022.

The company has posted net profit / (loss) of Rs. 86.7859 crores for the period ended June 30, 2022 as against net profit / (loss) of Rs. 99.0618 crores for the period ended March 31, 2022.

The company has reported EPS of Rs. 49.35 for the period ended June 30, 2022 as compared to Rs. 56.33 for the period ended March 31, 2022.

Financials	Q1 FY2023	Q4 FY2022	% Change
Total Income	₹ 655.8674 crs	₹624.8311 crs	4.97%
Net Profit	₹86.7859 crs	₹99.0618 crs	-12.39%
EPS	₹49.35	₹56.33	-12.39%

Financial Results (Q1 FY2023) - YoY Comparison

The company has reported total income of Rs. 655.8674 crores during the period ended June 30, 2022 as compared to Rs.459.0930 crores during the period ended June 30, 2021.

The company has posted net profit / (loss) of Rs.86.7859 crores for the period ended June 30, 2022 as against net profit / (loss) of Rs.86.0308 crores for the period ended June 30, 2021.

The company has reported EPS of Rs.49.35 for the period ended June 30, 2022 as compared to Rs.48.92 for the period ended June 30, 2021.

Financials	Q1 FY2023	Q1 FY2022	% Change
Total Income	₹ 655.8674 crs	₹459.0930 crs	42.86%
Net Profit	₹86.7859 crs	₹86.0308 crs	0.88%
EPS	₹49.35	₹48.92	0.88%

Shares of INEOS Styrolution India Limited was last trading in BSE at Rs. 834.85 as compared to the previous close of Rs. 818.65. The total number of shares traded during the day was 5169 in over 484 trades.

The stock hit an intraday high of Rs. 837.95 and intraday low of 818.45. The net turnover during the day was Rs. 4289433.00.

Source : Equity Bulls

Keywords

INEOSStyrolutionIndia Q1FY23 ResultUpdate