Kothari Fermentation and Biochem Ltd Q1FY23 net profit at Rs. 25.51 lakhs

KOTHARI FERMENTATION & BIOCHEM 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. 23.6054 crores during the period ended June 30, 2022 as compared to Rs. 26.94 crores during the period ended March 31, 2022.

The company has posted net profit / (loss) of Rs. 0.2551 crores for the period ended June 30, 2022 as against net profit / (loss) of Rs. -0.8436 crores for the period ended March 31, 2022.

The company has reported EPS of Rs. 0.17 for the period ended June 30, 2022 as compared to Rs. -0.56 for the period ended March 31, 2022.

Financials	Q1 FY2023	Q4 FY2022	% Change
Total Income	₹ 23.6054 crs	₹26.94 crs	-12.38%
Net Profit	₹0.2551 crs	₹-0.8436 crs	130.24%
EPS	₹0.17	₹-0.56	130.36%

Financial Results (Q1 FY2023) - YoY Comparison

The company has reported total income of Rs. 23.6054 crores during the period ended June 30, 2022 as compared to Rs.22.5371 crores during the period ended June 30, 2021.

The company has posted net profit / (loss) of Rs.0.2551 crores for the period ended June 30, 2022 as against net profit / (loss) of Rs.0.0105 crores for the period ended June 30, 2021.

The company has reported EPS of Rs.0.17 for the period ended June 30, 2022 as compared to Rs.0.01 for the period ended June 30, 2021.

Financials	Q1 FY2023	Q1 FY2022	% Change
Total Income	₹ 23.6054 crs	₹22.5371 crs	4.74%
Net Profit	₹0.2551 crs	₹0.0105 crs	2,329.52%
EPS	₹0.17	₹0.01	1,600.00%

Shares of KOTHARI FERMENTATION & BIOCHEM LTD. was last trading in BSE at Rs. 60.25 as compared to the previous close of Rs. 59.35. The total number of shares traded during the day was 9237 in over 33 trades.

The stock hit an intraday high of Rs. 61.00 and intraday low of 59.15. The net turnover during the day was Rs. 555356.00.

Source : Equity Bulls

Keywords

KothariFermentationandBiochem Q1FY23 ResultUpdate