Sonal Adhesives Ltd Q1FY23 PAT declines QoQ to Rs. 44.04 lakhs

SONAL ADHESIVES 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. 19.5317 crores during the period ended June 30, 2022 as compared to Rs. 27.5049 crores during the period ended March 31, 2022.

The company has posted net profit / (loss) of Rs. 0.4404 crores for the period ended June 30, 2022 as against net profit / (loss) of Rs. 6.0869 crores for the period ended March 31, 2022.

The company has reported EPS of Rs. 0.73 for the period ended June 30, 2022 as compared to Rs. 10.04 for the period ended March 31, 2022.

Financials	Q1 FY2023	Q4 FY2022	% Change
Total Income	₹ 19.5317 crs	₹27.5049 crs	-28.99%
Net Profit	₹0.4404 crs	₹6.0869 crs	-92.76%
EPS	₹0.73	₹10.04	-92.73%

Financial Results (Q1 FY2023) - YoY Comparison

The company has reported total income of Rs. 19.5317 crores during the period ended June 30, 2022 as compared to Rs.6.4676 crores during the period ended June 30, 2021.

The company has posted net profit / (loss) of Rs.0.4404 crores for the period ended June 30, 2022 as against net profit / (loss) of Rs.-0.2004 crores for the period ended June 30, 2021.

The company has reported EPS of Rs.0.73 for the period ended June 30, 2022 as compared to Rs.-0.03 for the period ended June 30, 2021.

Financials	Q1 FY2023	Q1 FY2022	% Change
Total Income	₹ 19.5317 crs	₹6.4676 crs	201.99%
Net Profit	₹0.4404 crs	₹-0.2004 crs	319.76%
EPS	₹0.73	₹-0.03	2,533.33%

Shares of SONAL ADHESIVES LTD. was last trading in BSE at Rs. 58.00 as compared to the previous close of Rs. 61.05. The total number of shares traded during the day was 98624 in over 611 trades.

The stock hit an intraday high of Rs. 63.95 and intraday low of 58.00. The net turnover during the day was Rs. 5864935.00.

Source : Equity Bulls

Keywords

SonalAdhesives Q1FY23 ResultUpdate