Asian Energy Services Ltd Q1FY23 consolidated loss at Rs. 8.45 crores

Asian Energy Services 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. 28.5291 crores during the period ended June 30, 2022 as compared to Rs. 62.4274 crores during the period ended March 31, 2022.

The company has posted net profit / (loss) of Rs. -8.4578 crores for the period ended June 30, 2022 as against net profit / (loss) of Rs. 8.9639 crores for the period ended March 31, 2022.

The company has reported EPS of Rs. -2.24 for the period ended June 30, 2022 as compared to Rs. 2.37 for the period ended March 31, 2022.

Financials	Q1 FY2023	Q4 FY2022	% Change
Total Income	₹ 28.5291 crs	₹62.4274 crs	-54.30%
Net Profit	₹-8.4578 crs	₹8.9639 crs	-194.35%
EPS	₹-2.24	₹2.37	-194.51%

Financial Results (Q1 FY2023) - YoY Comparison

The company has reported total income of Rs. 28.5291 crores during the period ended June 30, 2022 as compared to Rs.78.0524 crores during the period ended June 30, 2021.

The company has posted net profit / (loss) of Rs.-8.4578 crores for the period ended June 30, 2022 as against net profit / (loss) of Rs.20.6154 crores for the period ended June 30, 2021.

The company has reported EPS of Rs.-2.24 for the period ended June 30, 2022 as compared to Rs.5.46 for the period ended June 30, 2021.

Financials	Q1 FY2023	Q1 FY2022	% Change
Total Income	₹ 28.5291 crs	₹78.0524 crs	-63.45%
Net Profit	₹-8.4578 crs	₹20.6154 crs	-141.03%
EPS	₹-2.24	₹5.46	-141.03%

Shares of Asian Energy Services Ltd was last trading in BSE at Rs. 77.80 as compared to the previous close of Rs. 86.90. The total number of shares traded during the day was 120586 in over 1060 trades.

The stock hit an intraday high of Rs. 90.40 and intraday low of 76.60. The net turnover during the day was Rs. 10228820.00.

Source : Equity Bulls

Keywords

AsianEnergyServices Q1FY23 ResultUpdate