CIL Nova Petrochemicals Ltd Q1FY23 loss at Rs. 70.13 lakhs

CIL NOVA 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. 69.0215 crores during the period ended June 30, 2022 as compared to Rs. 81.7429 crores during the period ended March 31, 2022.

The company has posted net profit / (loss) of Rs. -0.7013 crores for the period ended June 30, 2022 as against net profit / (loss) of Rs. 0.4741 crores for the period ended March 31, 2022.

The company has reported EPS of Rs. -0.26 for the period ended June 30, 2022 as compared to Rs. 0.17 for the period ended March 31, 2022.

Financials	Q1 FY2023	Q4 FY2022	% Change
Total Income	₹ 69.0215 crs	₹81.7429 crs	-15.56%
Net Profit	₹-0.7013 crs	₹0.4741 crs	-247.92%
EPS	₹-0.26	₹0.17	-252.94%

Financial Results (Q1 FY2023) - YoY Comparison

The company has reported total income of Rs. 69.0215 crores during the period ended June 30, 2022 as compared to Rs.58.5574 crores during the period ended June 30, 2021.

The company has posted net profit / (loss) of Rs.-0.7013 crores for the period ended June 30, 2022 as against net profit / (loss) of Rs.2.6452 crores for the period ended June 30, 2021.

The company has reported EPS of Rs.-0.26 for the period ended June 30, 2022 as compared to Rs.0.98 for the period ended June 30, 2021.

Financials	Q1 FY2023	Q1 FY2022	% Change
Total Income	₹ 69.0215 crs	₹58.5574 crs	17.87%
Net Profit	₹-0.7013 crs	₹2.6452 crs	-126.51%
EPS	₹-0.26	₹0.98	-126.53%

Shares of CIL NOVA PETROCHEMICALS LTD. was last trading in BSE at Rs. 29.10 as compared to the previous close of Rs. 29.05. The total number of shares traded during the day was 3486 in over 40 trades.

The stock hit an intraday high of Rs. 31.90 and intraday low of 27.85. The net turnover during the day was Rs. 103176.00.

Source : Equity Bulls

Keywords

CILNovaPetrochemicals Q1FY23 ResultUpdate