Lokesh Machines Ltd Q1 FY2023 net profit slides QoQ to Rs. 72.39 lakhs

Lokesh Machines 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. 50.2562 crores during the period ended June 30, 2022 as compared to Rs. 65.5108 crores during the period ended March 31, 2022.

The company has posted net profit / (loss) of Rs. 0.7239 crores for the period ended June 30, 2022 as against net profit / (loss) of Rs. 2.7122 crores for the period ended March 31, 2022.

The company has reported EPS of Rs. 0.40 for the period ended June 30, 2022 as compared to Rs. 1.52 for the period ended March 31, 2022.

Financials	Q1 FY2023	Q4 FY2022	% Change
Total Income	₹ 50.2562 crs	₹65.5108 crs	-23.29%
Net Profit	₹0.7239 crs	₹2.7122 crs	-73.31%
EPS	₹0.40	₹1.52	-73.68%

Financial Results (Q1 FY2023) - YoY Comparison

The company has reported total income of Rs. 50.2562 crores during the period ended June 30, 2022 as compared to Rs.32.9076 crores during the period ended June 30, 2021.

The company has posted net profit / (loss) of Rs.0.7239 crores for the period ended June 30, 2022 as against net profit / (loss) of Rs.0.1473 crores for the period ended June 30, 2021.

The company has reported EPS of Rs.0.40 for the period ended June 30, 2022 as compared to Rs.0.08 for the period ended June 30, 2021.

Financials	Q1 FY2023	Q1 FY2022	% Change
Total Income	₹ 50.2562 crs	₹32.9076 crs	52.72%
Net Profit	₹0.7239 crs	₹0.1473 crs	391.45%
EPS	₹0.40	₹0.08	400.00%

Shares of Lokesh Machines Limited was last trading in BSE at Rs. 102.85 as compared to the previous close of Rs. 92.20. The total number of shares traded during the day was 89988 in over 2246 trades.

The stock hit an intraday high of Rs. 106.00 and intraday low of 92.55. The net turnover during the day was Rs. 9125144.00.

Source : Equity Bulls

Keywords

LokeshMachines Q1FY23 ResultUpdate