Suraj Ltd Q2FY23 net profit at Rs. 1.85 crore

SURAJ 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. 108.8640 crores during the period ended September 30, 2022 as compared to Rs. 83.8658 crores during the period ended June 30, 2022.

The company has posted net profit / (loss) of Rs. 1.8511 crores for the period ended September 30, 2022 as against net profit / (loss) of Rs. 2.0642 crores for the period ended June 30, 2022.

The company has reported EPS of Rs. 0.96 for the period ended September 30, 2022 as compared to Rs. 1.07 for the period ended June 30, 2022.

Financials	Q2 FY2023	Q1 FY2023	% Change
Total Income	₹ 108.8640 crs	₹83.8658 crs	29.81%
Net Profit	₹1.8511 crs	₹2.0642 crs	-10.32%
EPS	₹0.96	₹1.07	-10.28%

Financial Results (Q2 FY2023) - YoY Comparison

The company has reported total income of Rs. 108.8640 crores during the period ended September 30, 2022 as compared to Rs.74.3130 crores during the period ended September 30, 2021.

The company has posted net profit / (loss) of Rs.1.8511 crores for the period ended September 30, 2022 as against net profit / (loss) of Rs.0.7238 crores for the period ended September 30, 2021.

The company has reported EPS of Rs.0.96 for the period ended September 30, 2022 as compared to Rs.0.38 for the period ended September 30, 2021.

Financials	Q2 FY2023	Q2 FY2022	% Change
Total Income	₹ 108.8640 crs	₹74.3130 crs	46.49%
Net Profit	₹1.8511 crs	₹0.7238 crs	155.75%
EPS	₹0.96	₹0.38	152.63%

Financial Results (Half Year Ended FY2023) - YoY Comparison

The company has reported total income of Rs.192.7298 crores during the 6 Months period ended September 30, 2022 as compared to Rs.134.9465 crores during the 6 Months period ended September 30, 2021.

The company has posted net profit / (loss) of Rs.3.9153 crores for the 6 Months period ended September 30, 2022 as against net profit / (loss) of Rs.1.1705 crores for the 6 Months period ended September 30, 2021.

The company has reported EPS of Rs.2.03 for the 6 Months period ended September 30, 2022 as compared to Rs.0.61 for the 6 Months period ended September 30, 2021.

Financials	Half Year Ended FY2023	Half Year Ended FY2022	% Change
Total Income	₹192.7298 crs	₹134.9465 crs	42.82%
Net Profit	₹3.9153 crs	₹1.1705 crs	234.50%
EPS	₹2.03	₹0.61	232.79%

Shares of SURAJ LTD. was last trading in BSE at Rs. 68.40 as compared to the previous close of Rs. 68.70. The total number of shares traded during the day was 275 in over 4 trades.

The stock hit an intraday high of Rs. 70.80 and intraday low of 68.40. The net turnover during the day was Rs. 18822.00.

Source : Equity Bulls

Keywords

Suraj Q2FY23 H1FY23 ResultUpdate