Nath Industries Ltd Q1 FY2023 profit declines to Rs. 2.15 crore

Nath Industries Ltd 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. 122.2315 crores during the period ended June 30, 2022 as compared to Rs. 113.0876 crores during the period ended March 31, 2022.

The company has posted net profit / (loss) of Rs. 2.1555 crores for the period ended June 30, 2022 as against net profit / (loss) of Rs. 2.5138 crores for the period ended March 31, 2022.

The company has reported EPS of Rs. 1.13 for the period ended June 30, 2022 as compared to Rs. 1.32 for the period ended March 31, 2022.

Financials	Q1 FY2023	Q4 FY2022	% Change
Total Income	₹ 122.2315 crs	₹113.0876 crs	8.09%
Net Profit	₹2.1555 crs	₹2.5138 crs	-14.25%
EPS	₹1.13	₹1.32	-14.39%

Financial Results (Q1 FY2023) - YoY Comparison

The company has reported total income of Rs. 122.2315 crores during the period ended June 30, 2022 as compared to Rs.105.6207 crores during the period ended June 30, 2021.

The company has posted net profit / (loss) of Rs.2.1555 crores for the period ended June 30, 2022 as against net profit / (loss) of Rs.6.1215 crores for the period ended June 30, 2021.

The company has reported EPS of Rs.1.13 for the period ended June 30, 2022 as compared to Rs.3.22 for the period ended June 30, 2021.

Financials	Q1 FY2023	Q1 FY2022	% Change
Total Income	₹ 122.2315 crs	₹105.6207 crs	15.73%
Net Profit	₹2.1555 crs	₹6.1215 crs	-64.79%
EPS	₹1.13	₹3.22	-64.91%

Shares of Nath Industries Ltd was last trading in BSE at Rs. 68.00 as compared to the previous close of Rs. 69.70. The total number of shares traded during the day was 20549 in over 154 trades.

The stock hit an intraday high of Rs. 70.00 and intraday low of 67.00. The net turnover during the day was Rs. 1429470.00.

Source : Equity Bulls

Keywords

NathIndustries Q1FY23 ResultUpdate