JK Agri Genetics Ltd Q2FY23 loss widens to Rs. 15.76 crores

JK Agri Genetics Ltd has reported Standalone financial results for the period ended September 30, 2022.

Financial Results (Q2 FY2023) - QoQ Comparison

The company has reported total income of Rs. 16.2272 crores during the period ended September 30, 2022 as compared to Rs. 5.2012 crores during the period ended June 30, 2022.

The company has posted net profit / (loss) of Rs. -15.7689 crores for the period ended September 30, 2022 as against net profit / (loss) of Rs. -15.2609 crores for the period ended June 30, 2022.

The company has reported EPS of Rs. -34.01 for the period ended September 30, 2022 as compared to Rs. -32.91 for the period ended June 30, 2022.

Financials	Q2 FY2023	Q1 FY2023	% Change
Total Income	₹16.2272 crs	₹5.2012 crs	211.99%
Net Profit	₹-15.7689 crs	₹-15.2609 crs	3.33%
EPS	₹-34.01	₹-32.91	3.34%

Financial Results (Q2 FY2023) - YoY Comparison

The company has reported total income of Rs.16.2272 crores during the period ended September 30, 2022 as compared to Rs.116.9803 crores during the period ended September 30, 2021.

The company has posted net profit / (loss) of Rs.-15.7689 crores for the period ended September 30, 2022 as against net profit / (loss) of Rs.12.2024 crores for the period ended September 30, 2021.

The company has reported EPS of Rs.-34.01 for the period ended September 30, 2022 as compared to Rs.26.32 for the period ended September 30, 2021.

Financials	Q2 FY2023	Q2 FY2022	% Change
Total Income	₹16.2272 crs	₹116.9803 crs	-86.13%
Net Profit	₹-15.7689 crs	₹12.2024 crs	-229.23%
EPS	₹-34.01	₹26.32	-229.22%

Financial Results (Half Year Ended FY2023) - YoY Comparison

The company has reported total income of Rs.133.2075 crores during the 6 Months period ended September 30, 2022 as compared to Rs.139.0448 crores during the 6 Months period ended September 30, 2021.

The company has posted net profit / (loss) of Rs.-3.5665 crores for the 6 Months period ended September 30, 2022 as against net profit / (loss) of Rs.7.7804 crores for the 6 Months period ended September 30, 2021.

The company has reported EPS of Rs.-7.69 for the 6 Months period ended September 30, 2022 as compared to Rs.16.78 for the 6 Months period ended September 30, 2021.

Financials	Half Year Ended FY2023	Half Year Ended FY2022	% Change
Total Income	₹133.2075 crs	₹139.0448 crs	-4.20%
Net Profit	₹-3.5665 crs	₹7.7804 crs	-145.84%
EPS	₹-7.69	₹16.78	-145.83%

Shares of JK Agri Genetics Ltd was last trading in BSE at Rs. 479.30 as compared to the previous close of Rs. 489.95. The total number of shares traded during the day was 5066 in over 148 trades.

The stock hit an intraday high of Rs. 500.00 and intraday low of 476.00. The net turnover during the day was Rs. 2438944.00.

Source : Equity Bulls

Keywords

JKAgriGenetics Q2FY23 H1FY23 ResultUpdate