Nandan Denim Ltd Q1 FY2023 net profit at Rs. 10.56 crores

Nandan Denim Limited 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. 783.2031 crores during the period ended June 30, 2022 as compared to Rs. 727.6919 crores during the period ended March 31, 2022.

The company has posted net profit / (loss) of Rs. 10.5648 crores for the period ended June 30, 2022 as against net profit / (loss) of Rs. 15.4341 crores for the period ended March 31, 2022.

The company has reported EPS of Rs. 0.73 for the period ended June 30, 2022 as compared to Rs. 1.07 for the period ended March 31, 2022.

Financials	Q1 FY2023	Q4 FY2022	% Change
Total Income	₹783.2031 crs	₹727.6919 crs	7.63%
Net Profit	₹10.5648 crs	₹15.4341 crs	-31.55%
EPS	₹0.73	₹1.07	-31.78%

Financial Results (Q1 FY2023) - YoY Comparison

The company has reported total income of Rs.783.2031 crores during the period ended June 30, 2022 as compared to Rs.362.1468 crores during the period ended June 30, 2021.

The company has posted net profit / (loss) of Rs.10.5648 crores for the period ended June 30, 2022 as against net profit / (loss) of Rs.10.4186 crores for the period ended June 30, 2021.

The company has reported EPS of Rs.0.73 for the period ended June 30, 2022 as compared to Rs.0.72 for the period ended June 30, 2021.

Financials	Q1 FY2023	Q1 FY2022	% Change
Total Income	₹783.2031 crs	₹362.1468 crs	116.27%
Net Profit	₹10.5648 crs	₹10.4186 crs	1.40%
EPS	₹0.73	₹0.72	1.39%

Shares of Nandan Denim Limited was last trading in BSE at Rs. 26.65 as compared to the previous close of Rs. 26.85. The total number of shares traded during the day was 14589 in over 267 trades.

The stock hit an intraday high of Rs. 27.25 and intraday low of 26.40. The net turnover during the day was Rs. 388822.00.

Source : Equity Bulls

Keywords

NandanDenim Q1FY23 ResultUpdate