Stock Report

Cords Cable Industries Ltd posts Rs. 1.72 crore net profit in Q2FY23



Posted On : 2022-10-20 18:12:06( TIMEZONE : IST )

Cords Cable Industries Ltd posts Rs. 1.72 crore net profit in Q2FY23

Cords Cable Industries Limited 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. 132.0896 crores during the period ended September 30, 2022 as compared to Rs. 123.5848 crores during the period ended June 30, 2022.

The company has posted net profit / (loss) of Rs. 1.7222 crores for the period ended September 30, 2022 as against net profit / (loss) of Rs. 1.7351 crores for the period ended June 30, 2022.

The company has reported EPS of Rs. 1.33 for the period ended September 30, 2022 as compared to Rs. 1.34 for the period ended June 30, 2022.

Financials Q2 FY2023 Q1 FY2023 % Change
Total Income ₹ 132.0896 crs ₹123.5848 crs Up Tick / Down Tick6.88%
Net Profit ₹1.7222 crs ₹1.7351 crs Up Tick / Down Tick-0.74%
EPS ₹1.33 ₹1.34 Up Tick / Down Tick-0.75%

Financial Results (Q2 FY2023) - YoY Comparison

The company has reported total income of Rs. 132.0896 crores during the period ended September 30, 2022 as compared to Rs.106.2889 crores during the period ended September 30, 2021.

The company has posted net profit / (loss) of Rs.1.7222 crores for the period ended September 30, 2022 as against net profit / (loss) of Rs.1.5227 crores for the period ended September 30, 2021.

The company has reported EPS of Rs.1.33 for the period ended September 30, 2022 as compared to Rs.1.19 for the period ended September 30, 2021.

Financials Q2 FY2023 Q2 FY2022 % Change
Total Income ₹ 132.0896 crs ₹106.2889 crs Up Tick / Down Tick24.27%
Net Profit ₹1.7222 crs ₹1.5227 crs Up Tick / Down Tick13.10%
EPS ₹1.33 ₹1.19 Up Tick / Down Tick11.76%

Financial Results (Half Year Ended FY2023) - YoY Comparison

The company has reported total income of Rs.255.6743 crores during the 6 Months period ended September 30, 2022 as compared to Rs.194.9540 crores during the 6 Months period ended September 30, 2021.

The company has posted net profit / (loss) of Rs.3.4573 crores for the 6 Months period ended September 30, 2022 as against net profit / (loss) of Rs.2.9744 crores for the 6 Months period ended September 30, 2021.

The company has reported EPS of Rs.2.67 for the 6 Months period ended September 30, 2022 as compared to Rs.2.32 for the 6 Months period ended September 30, 2021.

Financials Half Year Ended FY2023 Half Year Ended FY2022 % Change
Total Income ₹255.6743 crs ₹194.9540 crs Up Tick / Down Tick31.15%
Net Profit ₹3.4573 crs ₹2.9744 crs Up Tick / Down Tick16.24%
EPS ₹2.67 ₹2.32 Up Tick / Down Tick15.09%

Shares of Cords Cable Industries Limited was last trading in BSE at Rs. 62.35 as compared to the previous close of Rs. 63.60. The total number of shares traded during the day was 3683 in over 99 trades.

The stock hit an intraday high of Rs. 67.00 and intraday low of 62.15. The net turnover during the day was Rs. 233382.00.

Source : Equity Bulls

Keywords

CordsCableIndustries Q2FY23 H1FY23 ResultUpdate