Hercules Hoists Ltd reports rise in Q1FY23 net profit to Rs. 2.30 crore

Hercules Hoists 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. 32.3623 crores during the period ended June 30, 2022 as compared to Rs. 32.8595 crores during the period ended March 31, 2022.

The company has posted net profit / (loss) of Rs. 2.3024 crores for the period ended June 30, 2022 as against net profit / (loss) of Rs. 0.7184 crores for the period ended March 31, 2022.

The company has reported EPS of Rs. 0.72 for the period ended June 30, 2022 as compared to Rs. 0.22 for the period ended March 31, 2022.

Financials	Q1 FY2023	Q4 FY2022	% Change
Total Income	₹ 32.3623 crs	₹32.8595 crs	-1.51%
Net Profit	₹2.3024 crs	₹0.7184 crs	220.49%
EPS	₹0.72	₹0.22	227.27%

Financial Results (Q1 FY2023) - YoY Comparison

The company has reported total income of Rs. 32.3623 crores during the period ended June 30, 2022 as compared to Rs.25.1043 crores during the period ended June 30, 2021.

The company has posted net profit / (loss) of Rs.2.3024 crores for the period ended June 30, 2022 as against net profit / (loss) of Rs.1.3849 crores for the period ended June 30, 2021.

The company has reported EPS of Rs.0.72 for the period ended June 30, 2022 as compared to Rs.0.43 for the period ended June 30, 2021.

Financials	Q1 FY2023	Q1 FY2022	% Change
Total Income	₹ 32.3623 crs	₹25.1043 crs	28.91%
Net Profit	₹2.3024 crs	₹1.3849 crs	66.25%
EPS	₹0.72	₹0.43	67.44%

Shares of Hercules Hoists Limited was last trading in BSE at Rs. 134.10 as compared to the previous close of Rs. 132.55. The total number of shares traded during the day was 3424 in over 134 trades.

The stock hit an intraday high of Rs. 139.80 and intraday low of 130.30. The net turnover during the day was Rs. 462394.00.

Source : Equity Bulls

Keywords

HerculesHoists Q1FY23 ResultUpdate