Sreechem Resins Ltd Q1FY23 net profit zooms to Rs. 2.62 crore

SREECHEM RESINS 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. 38.3001 crores during the period ended June 30, 2022 as compared to Rs. 31.1277 crores during the period ended March 31, 2022.

The company has posted net profit / (loss) of Rs. 2.6204 crores for the period ended June 30, 2022 as against net profit / (loss) of Rs. 2.0801 crores for the period ended March 31, 2022.

The company has reported EPS of Rs. 6.55 for the period ended June 30, 2022 as compared to Rs. 5.30 for the period ended March 31, 2022.

Financials	Q1 FY2023	Q4 FY2022	% Change
Total Income	₹ 38.3001 crs	₹31.1277 crs	23.04%
Net Profit	₹2.6204 crs	₹2.0801 crs	25.97%
EPS	₹6.55	₹5.30	23.58%

Financial Results (Q1 FY2023) - YoY Comparison

The company has reported total income of Rs. 38.3001 crores during the period ended June 30, 2022 as compared to Rs.14.3110 crores during the period ended June 30, 2021.

The company has posted net profit / (loss) of Rs.2.6204 crores for the period ended June 30, 2022 as against net profit / (loss) of Rs.0.3454 crores for the period ended June 30, 2021.

The company has reported EPS of Rs.6.55 for the period ended June 30, 2022 as compared to Rs.0.86 for the period ended June 30, 2021.

Financials	Q1 FY2023	Q1 FY2022	% Change
Total Income	₹ 38.3001 crs	₹14.3110 crs	167.63%
Net Profit	₹2.6204 crs	₹0.3454 crs	658.66%
EPS	₹6.55	₹0.86	661.63%

Shares of SREECHEM RESINS LTD. was last trading in BSE at Rs. 79.95 as compared to the previous close of Rs. 81.60. The total number of shares traded during the day was 11700 in over 33 trades.

The stock hit an intraday high of Rs. 79.95 and intraday low of 77.55. The net turnover during the day was Rs. 913270.00.

Source : Equity Bulls

Keywords

SreechemResins Q1FY23 ResultUpdate