Abans Enterprises Ltd posts consolidated profit of Rs. 8.70 crores in Q1 FY2023

Abans Enterprises Ltd has reported Consolidated financial results for the period ended June 30, 2022.

Financial Results (Q1 FY2023) - QoQ Comparison

The company has reported total income of Rs. 498.9768 crores during the period ended June 30, 2022 as compared to Rs. 632.2915 crores during the period ended March 31, 2022.

The company has posted net profit / (loss) of Rs. 8.7093 crores for the period ended June 30, 2022 as against net profit / (loss) of Rs. 14.7449 crores for the period ended March 31, 2022.

The company has reported EPS of Rs. 6.65 for the period ended June 30, 2022 as compared to Rs. 10.76 for the period ended March 31, 2022.

Financials	Q1 FY2023	Q4 FY2022	% Change
Total Income	₹ 498.9768 crs	₹632.2915 crs	-21.08%
Net Profit	₹ 8.7093 crs	₹14.7449 crs	-40.93%
EPS	₹6.65	₹10.76	-38.20%

Financial Results (Q1 FY2023) - YoY Comparison

The company has reported total income of Rs. 498.9768 crores during the period ended June 30, 2022 as compared to Rs.354.9910 crores during the period ended June 30, 2021.

The company has posted net profit / (loss) of Rs. 8.7093 crores for the period ended June 30, 2022 as against net profit / (loss) of Rs.1.9436 crores for the period ended June 30, 2021.

The company has reported EPS of Rs.6.65 for the period ended June 30, 2022 as compared to Rs.1.54 for the period ended June 30, 2021.

Financials	Q1 FY2023	Q1 FY2022	% Change
Total Income	₹ 498.9768 crs	₹354.9910 crs	40.56%
Net Profit	₹ 8.7093 crs	₹1.9436 crs	348.10%
EPS	₹6.65	₹1.54	331.82%

Shares of Abans Enterprises Ltd was last trading in BSE at Rs. 107.20 as compared to the previous close of Rs. 109.40. The total number of shares traded during the day was 879 in over 52 trades.

The stock hit an intraday high of Rs. 114.50 and intraday low of 104.50. The net turnover during the day was Rs. 93934.00.

Source : Equity Bulls

Keywords

AbansEnterprises Q1FY23 ResultUpdate