Rasi Electrodes Ltd Q1FY23 profit up at Rs. 66.72 lakhs

RASI ELECTRODES 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. 21.9529 crores during the period ended June 30, 2022 as compared to Rs. 21.2329 crores during the period ended March 31, 2022.

The company has posted net profit / (loss) of Rs. 0.6672 crores for the period ended June 30, 2022 as against net profit / (loss) of Rs. 0.4101 crores for the period ended March 31, 2022.

The company has reported EPS of Rs. 0.21 for the period ended June 30, 2022 as compared to Rs. 0.12 for the period ended March 31, 2022.

Financials	Q1 FY2023	Q4 FY2022	% Change
Total Income	₹ 21.9529 crs	₹21.2329 crs	3.39%
Net Profit	₹0.6672 crs	₹0.4101 crs	62.69%
EPS	₹0.21	₹0.12	75.00%

Financial Results (Q1 FY2023) - YoY Comparison

The company has reported total income of Rs. 21.9529 crores during the period ended June 30, 2022 as compared to Rs.11.8855 crores during the period ended June 30, 2021.

The company has posted net profit / (loss) of Rs.0.6672 crores for the period ended June 30, 2022 as against net profit / (loss) of Rs.0.4368 crores for the period ended June 30, 2021.

The company has reported EPS of Rs.0.21 for the period ended June 30, 2022 as compared to Rs.0.14 for the period ended June 30, 2021.

Financials	Q1 FY2023	Q1 FY2022	% Change
Total Income	₹ 21.9529 crs	₹11.8855 crs	84.70%
Net Profit	₹0.6672 crs	₹0.4368 crs	52.75%
EPS	₹0.21	₹0.14	50.00%

Shares of RASI ELECTRODES LTD. was last trading in BSE at Rs. 10.21 as compared to the previous close of Rs. 10.21. The total number of shares traded during the day was 76985 in over 119 trades.

The stock hit an intraday high of Rs. 10.59 and intraday low of 10.03. The net turnover during the day was Rs. 796230.00.

Source : Equity Bulls

Keywords

RasiElectrodes Q1FY23 ResultUpdate