Switching Technologies Gunther Ltd Q1FY23 loss at Rs. 2.72 crore

SWITCHING TECHNOLOGIES GUNTHER 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. 3.4376 crores during the period ended June 30, 2022 as compared to Rs. 2.9699 crores during the period ended March 31, 2022.

The company has posted net profit / (loss) of Rs. -2.7244 crores for the period ended June 30, 2022 as against net profit / (loss) of Rs. -1.8357 crores for the period ended March 31, 2022.

The company has reported EPS of Rs. -11.12 for the period ended June 30, 2022 as compared to Rs. -7.49 for the period ended March 31, 2022.

Financials	Q1 FY2023	Q4 FY2022	% Change
Total Income	₹ 3.4376 crs	₹2.9699 crs	15.75%
Net Profit	₹-2.7244 crs	₹-1.8357 crs	48.41%
EPS	₹-11.12	₹-7.49	48.46%

Financial Results (Q1 FY2023) - YoY Comparison

The company has reported total income of Rs. 3.4376 crores during the period ended June 30, 2022 as compared to Rs.1.9212 crores during the period ended June 30, 2021.

The company has posted net profit / (loss) of Rs.-2.7244 crores for the period ended June 30, 2022 as against net profit / (loss) of Rs.-1.4346 crores for the period ended June 30, 2021.

The company has reported EPS of Rs.-11.12 for the period ended June 30, 2022 as compared to Rs.-5.86 for the period ended June 30, 2021.

Financials	Q1 FY2023	Q1 FY2022	% Change
Total Income	₹ 3.4376 crs	₹1.9212 crs	78.93%
Net Profit	₹-2.7244 crs	₹-1.4346 crs	89.91%
EPS	₹-11.12	₹-5.86	89.76%

Shares of SWITCHING TECHNOLOGIES GUNTHER LTD. was last trading in BSE at Rs. 38.00 as compared to the previous close of Rs. 38.75. The total number of shares traded during the day was 306 in over 3 trades.

The stock hit an intraday high of Rs. 38.00 and intraday low of 35.50. The net turnover during the day was Rs. 11613.00.

Source : Equity Bulls

Keywords

SwitchingTechnologiesGunther Q1FY23 ResultUpdate