A K Spintex Ltd Q1FY23 profit jumps to Rs. 1.89 crore

A.K. Spintex 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. 27.7645 crores during the period ended June 30, 2022 as compared to Rs. 23.6765 crores during the period ended March 31, 2022.

The company has posted net profit / (loss) of Rs. 1.8973 crores for the period ended June 30, 2022 as against net profit / (loss) of Rs. 0.8358 crores for the period ended March 31, 2022.

The company has reported EPS of Rs. 3.77 for the period ended June 30, 2022 as compared to Rs. 1.66 for the period ended March 31, 2022.

Financials	Q1 FY2023	Q4 FY2022	% Change
Total Income	₹ 27.7645 crs	₹23.6765 crs	17.27%
Net Profit	₹1.8973 crs	₹0.8358 crs	127.00%
EPS	₹3.77	₹1.66	127.11%

Financial Results (Q1 FY2023) - YoY Comparison

The company has reported total income of Rs. 27.7645 crores during the period ended June 30, 2022 as compared to Rs. 9.0152 crores during the period ended June 30, 2021.

The company has posted net profit / (loss) of Rs.1.8973 crores for the period ended June 30, 2022 as against net profit / (loss) of Rs.0.0175 crores for the period ended June 30, 2021.

The company has reported EPS of Rs.3.77 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	₹ 27.7645 crs	₹ 9.0152 crs	207.97%
Net Profit	₹1.8973 crs	₹0.0175 crs	10,741.71%
EPS	₹3.77	₹0.03	12,466.67%

Shares of A.K. Spintex Ltd was last trading in BSE at Rs. 51.55 as compared to the previous close of Rs. 50.25. The total number of shares traded during the day was 5023 in over 59 trades.

The stock hit an intraday high of Rs. 52.90 and intraday low of 48.00. The net turnover during the day was Rs. 257593.00.

Source : Equity Bulls

Keywords

AKSpintex Q1FY23 ResultUpdate