Laffans Petrochemicals Ltd Q1FY23 loss at Rs. 1.49 crore

LAFFANS PETROCHEMICALS 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. 10.5873 crores during the period ended June 30, 2022 as compared to Rs. 8.6567 crores during the period ended March 31, 2022.

The company has posted net profit / (loss) of Rs. -1.4968 crores for the period ended June 30, 2022 as against net profit / (loss) of Rs. 0.6128 crores for the period ended March 31, 2022.

The company has reported EPS of Rs. -1.87 for the period ended June 30, 2022 as compared to Rs. 0.77 for the period ended March 31, 2022.

Financials	Q1 FY2023	Q4 FY2022	% Change
Total Income	₹ 10.5873 crs	₹8.6567 crs	22.30%
Net Profit	₹-1.4968 crs	₹0.6128 crs	-344.26%
EPS	₹-1.87	₹0.77	-342.86%

Financial Results (Q1 FY2023) - YoY Comparison

The company has reported total income of Rs. 10.5873 crores during the period ended June 30, 2022 as compared to Rs.4.5881 crores during the period ended June 30, 2021.

The company has posted net profit / (loss) of Rs.-1.4968 crores for the period ended June 30, 2022 as against net profit / (loss) of Rs.-3.0455 crores for the period ended June 30, 2021.

The company has reported EPS of Rs.-1.87 for the period ended June 30, 2022 as compared to Rs.-3.81 for the period ended June 30, 2021.

Financials	Q1 FY2023	Q1 FY2022	% Change
Total Income	₹ 10.5873 crs	₹4.5881 crs	130.76%
Net Profit	₹-1.4968 crs	₹-3.0455 crs	50.85%
EPS	₹-1.87	₹-3.81	50.92%

Shares of LAFFANS PETROCHEMICALS LTD. was last trading in BSE at Rs. 37.55 as compared to the previous close of Rs. 41.00. The total number of shares traded during the day was 1167 in over 13 trades.

The stock hit an intraday high of Rs. 40.10 and intraday low of 37.55. The net turnover during the day was Rs. 44124.00.

Source : Equity Bulls

Keywords

LaffansPetrochemicals Q1FY23 ResultUpdate