Arcee Industries Ltd Q1 FY23 loss at Rs. 41.26 lakhs

ARCEE INDUSTRIES 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. 7.0812 crores during the period ended June 30, 2022 as compared to Rs. 11.0604 crores during the period ended March 31, 2022.

The company has posted net profit / (loss) of Rs. -0.4126 crores for the period ended June 30, 2022 as against net profit / (loss) of Rs. 0.6653 crores for the period ended March 31, 2022.

The company has reported EPS of Rs. -0.80 for the period ended June 30, 2022 as compared to Rs. 1.29 for the period ended March 31, 2022.

Financials	Q1 FY2023	Q4 FY2022	% Change
Total Income	₹ 7.0812 crs	₹11.0604 crs	-35.98%
Net Profit	₹-0.4126 crs	₹0.6653 crs	-162.02%
EPS	₹-0.80	₹1.29	-162.02%

Financial Results (Q1 FY2023) - YoY Comparison

The company has reported total income of Rs. 7.0812 crores during the period ended June 30, 2022 as compared to Rs.8.5671 crores during the period ended June 30, 2021.

The company has posted net profit / (loss) of Rs.-0.4126 crores for the period ended June 30, 2022 as against net profit / (loss) of Rs.0.3042 crores for the period ended June 30, 2021.

The company has reported EPS of Rs.-0.80 for the period ended June 30, 2022 as compared to Rs.0.59 for the period ended June 30, 2021.

Financials	Q1 FY2023	Q1 FY2022	% Change
Total Income	₹ 7.0812 crs	₹8.5671 crs	-17.34%
Net Profit	₹-0.4126 crs	₹0.3042 crs	-235.63%
EPS	₹-0.80	₹0.59	-235.59%

Shares of ARCEE INDUSTRIES LTD. was last trading in BSE at Rs. 9.50 as compared to the previous close of Rs. 10.50. The total number of shares traded during the day was 1365 in over 11 trades.

The stock hit an intraday high of Rs. 10.40 and intraday low of 9.45. The net turnover during the day was Rs. 13246.00.

Source : Equity Bulls

Keywords

ArceeIndustries Q1FY23 ResultUpdate