CMI Ltd Q1FY23 loss at Rs. 11.91 crores

CMI 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. 7.8953 crores during the period ended June 30, 2022 as compared to Rs. 9.8553 crores during the period ended March 31, 2022.

The company has posted net profit / (loss) of Rs. -11.9187 crores for the period ended June 30, 2022 as against net profit / (loss) of Rs. -39.0320 crores for the period ended March 31, 2022.

The company has reported EPS of Rs. -7.44 for the period ended June 30, 2022 as compared to Rs. -24.35 for the period ended March 31, 2022.

Financials	Q1 FY2023	Q4 FY2022	% Change
Total Income	₹ 7.8953 crs	₹9.8553 crs	-19.89%
Net Profit	₹-11.9187 crs	₹-39.0320 crs	69.46%
EPS	₹-7.44	₹-24.35	69.45%

Financial Results (Q1 FY2023) - YoY Comparison

The company has reported total income of Rs. 7.8953 crores during the period ended June 30, 2022 as compared to Rs.23.1377 crores during the period ended June 30, 2021.

The company has posted net profit / (loss) of Rs.-11.9187 crores for the period ended June 30, 2022 as against net profit / (loss) of Rs.-17.9451 crores for the period ended June 30, 2021.

The company has reported EPS of Rs.-7.44 for the period ended June 30, 2022 as compared to Rs.-11.20 for the period ended June 30, 2021.

Financials	Q1 FY2023	Q1 FY2022	% Change
Total Income	₹ 7.8953 crs	₹23.1377 crs	-65.88%
Net Profit	₹-11.9187 crs	₹-17.9451 crs	33.58%
EPS	₹-7.44	₹-11.20	33.57%

Shares of CMI Limited was last trading in BSE at Rs. 23.90 as compared to the previous close of Rs. 24.10. The total number of shares traded during the day was 4911 in over 223 trades.

The stock hit an intraday high of Rs. 27.00 and intraday low of 23.65. The net turnover during the day was Rs. 117618.00.

Source : Equity Bulls

Keywords

CMI Q1FY23 ResultUpdate