De Nora India Ltd posts net profit of Rs. 1.57 crores in Q2FY23

De Nora India 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. 14.9784 crores during the period ended September 30, 2022 as compared to Rs. 12.8546 crores during the period ended June 30, 2022.

The company has posted net profit / (loss) of Rs. 1.5768 crores for the period ended September 30, 2022 as against net profit / (loss) of Rs. 1.5681 crores for the period ended June 30, 2022.

The company has reported EPS of Rs. 2.97 for the period ended September 30, 2022 as compared to Rs. 2.95 for the period ended June 30, 2022.

Financials	Q2 FY2023	Q1 FY2023	% Change
Total Income	₹ 14.9784 crs	₹12.8546 crs	16.52%
Net Profit	₹1.5768 crs	₹1.5681 crs	0.55%
EPS	₹2.97	₹2.95	0.68%

Financial Results (Q2 FY2023) - YoY Comparison

The company has reported total income of Rs. 14.9784 crores during the period ended September 30, 2022 as compared to Rs.14.8264 crores during the period ended September 30, 2021.

The company has posted net profit / (loss) of Rs.1.5768 crores for the period ended September 30, 2022 as against net profit / (loss) of Rs.3.7597 crores for the period ended September 30, 2021.

The company has reported EPS of Rs.2.97 for the period ended September 30, 2022 as compared to Rs.7.08 for the period ended September 30, 2021.

Financials	Q2 FY2023	Q2 FY2022	% Change
Total Income	₹ 14.9784 crs	₹14.8264 crs	1.03%
Net Profit	₹1.5768 crs	₹3.7597 crs	-58.06%
EPS	₹2.97	₹7.08	-58.05%

Financial Results (Half Year Ended FY2023) - YoY Comparison

The company has reported total income of Rs.27.8330 crores during the 6 Months period ended September 30, 2022 as compared to Rs.20.4557 crores during the 6 Months period ended September 30, 2021.

The company has posted net profit / (loss) of Rs.3.1449 crores for the 6 Months period ended September 30, 2022 as against net profit / (loss) of Rs.2.9472 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.5.55 for the 6 Months period ended September 30, 2021.

Financials	Half Year Ended FY2023	Half Year Ended FY2022	% Change
Total Income	₹27.8330 crs	₹20.4557 crs	36.06%
Net Profit	₹3.1449 crs	₹2.9472 crs	6.71%
EPS	₹5.92	₹5.55	6.67%

Shares of De Nora India Limited was last trading in BSE at Rs. 887.10 as compared to the previous close of Rs. 907.45. The total number of shares traded during the day was 2346 in over 322 trades.

The stock hit an intraday high of Rs. 900.00 and intraday low of 875.00. The net turnover during the day was Rs. 2080458.00.

Source : Equity Bulls

Keywords

DeNoraIndia Q2FY23 H1FY23 ResultUpdate