High Energy Batteries India Ltd Q1 FY2023 net profit slides QOQ to Rs. 2.46 crore

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. 14.6956 crores during the period ended June 30, 2022 as compared to Rs. 25.6852 crores during the period ended March 31, 2022.

The company has posted net profit / (loss) of Rs. 2.4627 crores for the period ended June 30, 2022 as against net profit / (loss) of Rs. 4.7504 crores for the period ended March 31, 2022.

The company has reported EPS of Rs. 13.74 for the period ended June 30, 2022 as compared to Rs. 26.50 for the period ended March 31, 2022.

Financials	Q1 FY2023	Q4 FY2022	% Change
Total Income	₹ 14.6956 crs	₹25.6852 crs	-42.79%
Net Profit	₹2.4627 crs	₹4.7504 crs	-48.16%
EPS	₹13.74	₹26.50	-48.15%

Financial Results (Q1 FY2023) - YoY Comparison

The company has reported total income of Rs. 14.6956 crores during the period ended June 30, 2022 as compared to Rs.10.8002 crores during the period ended June 30, 2021.

The company has posted net profit / (loss) of Rs.2.4627 crores for the period ended June 30, 2022 as against net profit / (loss) of Rs.1.1681 crores for the period ended June 30, 2021.

The company has reported EPS of Rs.13.74 for the period ended June 30, 2022 as compared to Rs.6.52 for the period ended June 30, 2021.

Financials	Q1 FY2023	Q1 FY2022	% Change
Total Income	₹ 14.6956 crs	₹10.8002 crs	36.07%
Net Profit	₹2.4627 crs	₹1.1681 crs	110.83%
EPS	₹13.74	₹6.52	110.74%

Source : Equity Bulls

Keywords

HighEnergyBatteriesIndia Q1FY23 ResultUpdate