Linc Ltd reports jump in Q1FY23 net profit to Rs. 4.38 crores

Linc Pen & Plastics 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. 99.2613 crores during the period ended June 30, 2022 as compared to Rs. 112.1592 crores during the period ended March 31, 2022.

The company has posted net profit / (loss) of Rs. 4.3808 crores for the period ended June 30, 2022 as against net profit / (loss) of Rs. 2.9908 crores for the period ended March 31, 2022.

The company has reported EPS of Rs. 2.95 for the period ended June 30, 2022 as compared to Rs. 2.01 for the period ended March 31, 2022.

Financials	Q1 FY2023	Q4 FY2022	% Change
Total Income	₹ 99.2613 crs	₹112.1592 crs	-11.50%
Net Profit	₹4.3808 crs	₹2.9908 crs	46.48%
EPS	₹2.95	₹2.01	46.77%

Financial Results (Q1 FY2023) - YoY Comparison

The company has reported total income of Rs. 99.2613 crores during the period ended June 30, 2022 as compared to Rs.55.5313 crores during the period ended June 30, 2021.

The company has posted net profit / (loss) of Rs.4.3808 crores for the period ended June 30, 2022 as against net profit / (loss) of Rs.-1.2223 crores for the period ended June 30, 2021.

The company has reported EPS of Rs.2.95 for the period ended June 30, 2022 as compared to Rs.-0.82 for the period ended June 30, 2021.

Financials	Q1 FY2023	Q1 FY2022	% Change
Total Income	₹ 99.2613 crs	₹55.5313 crs	78.75%
Net Profit	₹4.3808 crs	₹-1.2223 crs	458.41%
EPS	₹2.95	₹-0.82	459.76%

Shares of Linc Pen & Plastics Limited was last trading in BSE at Rs. 305.30 as compared to the previous close of Rs. 254.45. The total number of shares traded during the day was 5946 in over 596 trades.

The stock hit an intraday high of Rs. 305.30 and intraday low of 259.15. The net turnover during the day was Rs. 1739457.00.

Source : Equity Bulls

Keywords

Linc Q1FY23 ResultUpdate