Stock Report

Avantel Ltd consolidated Q2FY23 PAT climbs to Rs. 6.14 crores



Posted On : 2022-10-23 14:51:33( TIMEZONE : IST )

Avantel Ltd consolidated Q2FY23 PAT climbs to Rs. 6.14 crores

AVANTEL LTD. has reported Consolidated financial results for the period ended September 30, 2022.

Financial Results (Q2 FY2023) - QoQ Comparison

The company has reported total income of Rs. 36.2875 crores during the period ended September 30, 2022 as compared to Rs. 27.1070 crores during the period ended June 30, 2022.

The company has posted net profit / (loss) of Rs. 6.1429 crores for the period ended September 30, 2022 as against net profit / (loss) of Rs. 4.3819 crores for the period ended June 30, 2022.

The company has reported EPS of Rs. 3.79 for the period ended September 30, 2022 as compared to Rs. 2.70 for the period ended June 30, 2022.

Financials Q2 FY2023 Q1 FY2023 % Change
Total Income ₹ 36.2875 crs ₹27.1070 crs Up Tick / Down Tick33.87%
Net Profit ₹6.1429 crs ₹4.3819 crs Up Tick / Down Tick40.19%
EPS ₹3.79 ₹2.70 Up Tick / Down Tick40.37%

Financial Results (Q2 FY2023) - YoY Comparison

The company has reported total income of Rs. 36.2875 crores during the period ended September 30, 2022 as compared to Rs.15.8497 crores during the period ended September 30, 2021.

The company has posted net profit / (loss) of Rs.6.1429 crores for the period ended September 30, 2022 as against net profit / (loss) of Rs.3.4418 crores for the period ended September 30, 2021.

The company has reported EPS of Rs.3.79 for the period ended September 30, 2022 as compared to Rs.2.12 for the period ended September 30, 2021.

Financials Q2 FY2023 Q2 FY2022 % Change
Total Income ₹ 36.2875 crs ₹15.8497 crs Up Tick / Down Tick128.95%
Net Profit ₹6.1429 crs ₹3.4418 crs Up Tick / Down Tick78.48%
EPS ₹3.79 ₹2.12 Up Tick / Down Tick78.77%

Financial Results (Half Year Ended FY2023) - YoY Comparison

The company has reported total income of Rs.63.3373 crores during the 6 Months period ended September 30, 2022 as compared to Rs.29.8915 crores during the 6 Months period ended September 30, 2021.

The company has posted net profit / (loss) of Rs.10.5248 crores for the 6 Months period ended September 30, 2022 as against net profit / (loss) of Rs.6.5154 crores for the 6 Months period ended September 30, 2021.

The company has reported EPS of Rs.6.49 for the 6 Months period ended September 30, 2022 as compared to Rs.4.02 for the 6 Months period ended September 30, 2021.

Financials Half Year Ended FY2023 Half Year Ended FY2022 % Change
Total Income ₹63.3373 crs ₹29.8915 crs Up Tick / Down Tick111.89%
Net Profit ₹10.5248 crs ₹6.5154 crs Up Tick / Down Tick61.54%
EPS ₹6.49 ₹4.02 Up Tick / Down Tick61.44%

Shares of AVANTEL LTD. was last trading in BSE at Rs. 296.50 as compared to the previous close of Rs. 296.85. The total number of shares traded during the day was 18746 in over 329 trades.

The stock hit an intraday high of Rs. 304.80 and intraday low of 294.00. The net turnover during the day was Rs. 5557824.00.

Source : Equity Bulls

Keywords

Avantel Q2FY23 H1FY23 ResultUpdate