Stock Report

Gujarat Industries Power Company Ltd posts Rs. 26.62 crores profit in Q2FY23



Posted On : 2022-10-20 22:01:36( TIMEZONE : IST )

Gujarat Industries Power Company Ltd posts Rs. 26.62 crores profit in Q2FY23

Gujarat Industries Power Company 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. 265.7940 crores during the period ended September 30, 2022 as compared to Rs. 308.8214 crores during the period ended June 30, 2022.

The company has posted net profit / (loss) of Rs. 26.6287 crores for the period ended September 30, 2022 as against net profit / (loss) of Rs. 62.8575 crores for the period ended June 30, 2022.

The company has reported EPS of Rs. 1.76 for the period ended September 30, 2022 as compared to Rs. 4.16 for the period ended June 30, 2022.

Financials Q2 FY2023 Q1 FY2023 % Change
Total Income ₹ 265.7940 crs ₹308.8214 crs Up Tick / Down Tick-13.93%
Net Profit ₹26.6287 crs ₹62.8575 crs Up Tick / Down Tick-57.64%
EPS ₹1.76 ₹4.16 Up Tick / Down Tick-57.69%

Financial Results (Q2 FY2023) - YoY Comparison

The company has reported total income of Rs. 265.7940 crores during the period ended September 30, 2022 as compared to Rs.326.6921 crores during the period ended September 30, 2021.

The company has posted net profit / (loss) of Rs.26.6287 crores for the period ended September 30, 2022 as against net profit / (loss) of Rs.53.3598 crores for the period ended September 30, 2021.

The company has reported EPS of Rs.1.76 for the period ended September 30, 2022 as compared to Rs.3.53 for the period ended September 30, 2021.

Financials Q2 FY2023 Q2 FY2022 % Change
Total Income ₹ 265.7940 crs ₹326.6921 crs Up Tick / Down Tick-18.64%
Net Profit ₹26.6287 crs ₹53.3598 crs Up Tick / Down Tick-50.10%
EPS ₹1.76 ₹3.53 Up Tick / Down Tick-50.14%

Financial Results (Half Year Ended FY2023) - YoY Comparison

The company has reported total income of Rs.574.6154 crores during the 6 Months period ended September 30, 2022 as compared to Rs.627.0314 crores during the 6 Months period ended September 30, 2021.

The company has posted net profit / (loss) of Rs.89.4862 crores for the 6 Months period ended September 30, 2022 as against net profit / (loss) of Rs.88.7352 crores for the 6 Months period ended September 30, 2021.

The company has reported EPS of Rs.5.92 for the 6 Months period ended September 30, 2022 as compared to Rs.5.87 for the 6 Months period ended September 30, 2021.

Financials Half Year Ended FY2023 Half Year Ended FY2022 % Change
Total Income ₹574.6154 crs ₹627.0314 crs Up Tick / Down Tick-8.36%
Net Profit ₹89.4862 crs ₹88.7352 crs Up Tick / Down Tick0.85%
EPS ₹5.92 ₹5.87 Up Tick / Down Tick0.85%

Shares of Gujarat Industries Power Company Limited was last trading in BSE at Rs. 87.55 as compared to the previous close of Rs. 88.05. The total number of shares traded during the day was 5205 in over 225 trades.

The stock hit an intraday high of Rs. 88.00 and intraday low of 86.65. The net turnover during the day was Rs. 454215.00.

Source : Equity Bulls

Keywords

GujaratIndustriesPowerCompany Q2FY23 H1FY23 ResultUpdate