Cosco India Ltd posts Rs. 6.78 lakhs net profit in Q1FY23

COSCO (INDIA) 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. 33.6435 crores during the period ended June 30, 2022 as compared to Rs. 42.1161 crores during the period ended March 31, 2022.

The company has posted net profit / (loss) of Rs. 0.0678 crores for the period ended June 30, 2022 as against net profit / (loss) of Rs. 0.9632 crores for the period ended March 31, 2022.

The company has reported EPS of Rs. 0.16 for the period ended June 30, 2022 as compared to Rs. 2.31 for the period ended March 31, 2022.

Financials	Q1 FY2023	Q4 FY2022	% Change
Total Income	₹ 33.6435 crs	₹42.1161 crs	-20.12%
Net Profit	₹0.0678 crs	₹0.9632 crs	-92.96%
EPS	₹0.16	₹2.31	-93.07%

Financial Results (Q1 FY2023) - YoY Comparison

The company has reported total income of Rs. 33.6435 crores during the period ended June 30, 2022 as compared to Rs.27.1064 crores during the period ended June 30, 2021.

The company has posted net profit / (loss) of Rs.0.0678 crores for the period ended June 30, 2022 as against net profit / (loss) of Rs.-0.0065 crores for the period ended June 30, 2021.

The company has reported EPS of Rs.0.16 for the period ended June 30, 2022 as compared to Rs.-0.02 for the period ended June 30, 2021.

Financials	Q1 FY2023	Q1 FY2022	% Change
Total Income	₹ 33.6435 crs	₹27.1064 crs	24.12%
Net Profit	₹0.0678 crs	₹-0.0065 crs	1,143.08%
EPS	₹0.16	₹-0.02	900.00%

Shares of COSCO (INDIA) LTD. was last trading in BSE at Rs. 176.00 as compared to the previous close of Rs. 178.75. The total number of shares traded during the day was 863 in over 31 trades.

The stock hit an intraday high of Rs. 182.90 and intraday low of 175.75. The net turnover during the day was Rs. 154165.00.

Source : Equity Bulls

Keywords

CoscoIndia Q1FY23 ResultUpdate