Stock Report

Aksh Optifibre Ltd posts consolidated loss of Rs. 2.67 crore in Q2FY23



Posted On : 2022-10-23 16:47:13( TIMEZONE : IST )

Aksh Optifibre Ltd posts consolidated loss of Rs. 2.67 crore in Q2FY23

Aksh Optifibre Limited 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. 59.3511 crores during the period ended September 30, 2022 as compared to Rs. 80.3766 crores during the period ended June 30, 2022.

The company has posted net profit / (loss) of Rs. -2.6740 crores for the period ended September 30, 2022 as against net profit / (loss) of Rs. 1.6086 crores for the period ended June 30, 2022.

The company has reported EPS of Rs. -0.16 for the period ended September 30, 2022 as compared to Rs. 0.10 for the period ended June 30, 2022.

Financials Q2 FY2023 Q1 FY2023 % Change
Total Income ₹ 59.3511 crs ₹80.3766 crs Up Tick / Down Tick-26.16%
Net Profit ₹-2.6740 crs ₹1.6086 crs Up Tick / Down Tick-266.23%
EPS ₹-0.16 ₹0.10 Up Tick / Down Tick-260.00%

Financial Results (Q2 FY2023) - YoY Comparison

The company has reported total income of Rs. 59.3511 crores during the period ended September 30, 2022 as compared to Rs.75.0216 crores during the period ended September 30, 2021.

The company has posted net profit / (loss) of Rs.-2.6740 crores for the period ended September 30, 2022 as against net profit / (loss) of Rs.-1.5609 crores for the period ended September 30, 2021.

The company has reported EPS of Rs.-0.16 for the period ended September 30, 2022 as compared to Rs.-0.10 for the period ended September 30, 2021.

Financials Q2 FY2023 Q2 FY2022 % Change
Total Income ₹ 59.3511 crs ₹75.0216 crs Up Tick / Down Tick-20.89%
Net Profit ₹-2.6740 crs ₹-1.5609 crs Up Tick / Down Tick71.31%
EPS ₹-0.16 ₹-0.10 Up Tick / Down Tick60.00%

Financial Results (Half Year Ended FY2023) - YoY Comparison

The company has reported total income of Rs.139.7277 crores during the 6 Months period ended September 30, 2022 as compared to Rs.151.0238 crores during the 6 Months period ended September 30, 2021.

The company has posted net profit / (loss) of Rs.-1.0654 crores for the 6 Months period ended September 30, 2022 as against net profit / (loss) of Rs.-2.1617 crores for the 6 Months period ended September 30, 2021.

The company has reported EPS of Rs.-0.07 for the 6 Months period ended September 30, 2022 as compared to Rs.-0.13 for the 6 Months period ended September 30, 2021.

Financials Half Year Ended FY2023 Half Year Ended FY2022 % Change
Total Income ₹139.7277 crs ₹151.0238 crs Up Tick / Down Tick-7.48%
Net Profit ₹-1.0654 crs ₹-2.1617 crs Up Tick / Down Tick50.71%
EPS ₹-0.07 ₹-0.13 Up Tick / Down Tick46.15%

Shares of Aksh Optifibre Limited was last trading in BSE at Rs. 11.49 as compared to the previous close of Rs. 11.57. The total number of shares traded during the day was 106546 in over 213 trades.

The stock hit an intraday high of Rs. 12.11 and intraday low of 11.42. The net turnover during the day was Rs. 1247333.00.

Source : Equity Bulls

Keywords

AkshOptifibre Q2FY23 H1FY23 ResultUpdate