Precision Wires India Ltd Q1FY23 net profit at Rs. 16.82 crores

Precision Wires 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. 826.1763 crores during the period ended June 30, 2022 as compared to Rs. 744.5355 crores during the period ended March 31, 2022.

The company has posted net profit / (loss) of Rs. 16.8292 crores for the period ended June 30, 2022 as against net profit / (loss) of Rs. 18.3010 crores for the period ended March 31, 2022.

The company has reported EPS of Rs. 1.46 for the period ended June 30, 2022 as compared to Rs. 1.58 for the period ended March 31, 2022.

Financials	Q1 FY2023	Q4 FY2022	% Change
Total Income	₹ 826.1763 crs	₹744.5355 crs	10.97%
Net Profit	₹16.8292 crs	₹18.3010 crs	-8.04%
EPS	₹1.46	₹1.58	-7.59%

Financial Results (Q1 FY2023) - YoY Comparison

The company has reported total income of Rs. 826.1763 crores during the period ended June 30, 2022 as compared to Rs.531.3739 crores during the period ended June 30, 2021.

The company has posted net profit / (loss) of Rs.16.8292 crores for the period ended June 30, 2022 as against net profit / (loss) of Rs.11.5775 crores for the period ended June 30, 2021.

The company has reported EPS of Rs.1.46 for the period ended June 30, 2022 as compared to Rs.1 for the period ended June 30, 2021.

Financials	Q1 FY2023	Q1 FY2022	% Change
Total Income	₹ 826.1763 crs	₹531.3739 crs	55.48%
Net Profit	₹16.8292 crs	₹11.5775 crs	45.36%
EPS	₹1.46	₹1	46.00%

Shares of Precision Wires India Limited was last trading in BSE at Rs. 83.40 as compared to the previous close of Rs. 86.35. The total number of shares traded during the day was 37544 in over 924 trades.

The stock hit an intraday high of Rs. 88.80 and intraday low of 81.15. The net turnover during the day was Rs. 3232552.00.

Source : Equity Bulls

Keywords

PrecisionWiresIndia Q1FY23 ResultUpdate