Cords Cable Industries Ltd Q1FY23 PAT slips marginally QoQ to Rs. 1.73 crores

Cords Cable Industries 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. 123.5848 crores during the period ended June 30, 2022 as compared to Rs. 133.3999 crores during the period ended March 31, 2022.

The company has posted net profit / (loss) of Rs. 1.7351 crores for the period ended June 30, 2022 as against net profit / (loss) of Rs. 1.8557 crores for the period ended March 31, 2022.

The company has reported EPS of Rs. 1.34 for the period ended June 30, 2022 as compared to Rs. 1.39 for the period ended March 31, 2022.

Financials	Q1 FY2023	Q4 FY2022	% Change
Total Income	₹ 123.5848 crs	₹133.3999 crs	-7.36%
Net Profit	₹1.7351 crs	₹1.8557 crs	-6.50%
EPS	₹1.34	₹1.39	-3.60%

Financial Results (Q1 FY2023) - YoY Comparison

The company has reported total income of Rs. 123.5848 crores during the period ended June 30, 2022 as compared to Rs.88.6651 crores during the period ended June 30, 2021.

The company has posted net profit / (loss) of Rs.1.7351 crores for the period ended June 30, 2022 as against net profit / (loss) of Rs.1.4516 crores for the period ended June 30, 2021.

The company has reported EPS of Rs.1.34 for the period ended June 30, 2022 as compared to Rs.1.13 for the period ended June 30, 2021.

Financials	Q1 FY2023	Q1 FY2022	% Change
Total Income	₹ 123.5848 crs	₹88.6651 crs	39.38%
Net Profit	₹1.7351 crs	₹1.4516 crs	19.53%
EPS	₹1.34	₹1.13	18.58%

Shares of Cords Cable Industries Limited was last trading in BSE at Rs. 55.50 as compared to the previous close of Rs. 56.40. The total number of shares traded during the day was 7554 in over 256 trades.

The stock hit an intraday high of Rs. 57.30 and intraday low of 55.35. The net turnover during the day was Rs. 423310.00.

Source : Equity Bulls

Keywords

CordsCableIndustries Q1FY23 ResultUpdate