GTN Industries Ltd Q1 FY2023 profit at Rs. 16.74 crores

GTN 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. 170 crores during the period ended June 30, 2022 as compared to Rs. 128.83 crores during the period ended March 31, 2022.

The company has posted net profit / (loss) of Rs. 16.74 crores for the period ended June 30, 2022 as against net profit / (loss) of Rs. 20.67 crores for the period ended March 31, 2022.

The company has reported EPS of Rs. 9.54 for the period ended June 30, 2022 as compared to Rs. 11.78 for the period ended March 31, 2022.

Financials	Q1 FY2023	Q4 FY2022	% Change
Total Income	₹ 170 crs	₹128.83 crs	31.96%
Net Profit	₹16.74 crs	₹20.67 crs	-19.01%
EPS	₹9.54	₹11.78	-19.02%

Financial Results (Q1 FY2023) - YoY Comparison

The company has reported total income of Rs. 170 crores during the period ended June 30, 2022 as compared to Rs.96.28 crores during the period ended June 30, 2021.

The company has posted net profit / (loss) of Rs.16.74 crores for the period ended June 30, 2022 as against net profit / (loss) of Rs.1.15 crores for the period ended June 30, 2021.

The company has reported EPS of Rs.9.54 for the period ended June 30, 2022 as compared to Rs.0.65 for the period ended June 30, 2021.

Financials	Q1 FY2023	Q1 FY2022	% Change
Total Income	₹ 170 crs	₹96.28 crs	76.57%
Net Profit	₹16.74 crs	₹1.15 crs	1,355.65%
EPS	₹9.54	₹0.65	1,367.69%

Shares of GTN INDUSTRIES LTD. was last trading in BSE at Rs. 44.95 as compared to the previous close of Rs. 49.40. The total number of shares traded during the day was 27177 in over 255 trades.

The stock hit an intraday high of Rs. 49.00 and intraday low of 44.50. The net turnover during the day was Rs. 1249020.00.

Source : Equity Bulls

Keywords

GTNIndustries Q1FY23 ResultUpdate