GEE Ltd posts rise in Q2FY23 net profit to Rs. 4.49 crores

GEE 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. 100.9493 crores during the period ended September 30, 2022 as compared to Rs. 90.0409 crores during the period ended June 30, 2022.

The company has posted net profit / (loss) of Rs. 4.4920 crores for the period ended September 30, 2022 as against net profit / (loss) of Rs. 3.50 crores for the period ended June 30, 2022.

The company has reported EPS of Rs. 1.73 for the period ended September 30, 2022 as compared to Rs. 1.35 for the period ended June 30, 2022.

Financials	Q2 FY2023	Q1 FY2023	% Change
Total Income	₹ 100.9493 crs	₹90.0409 crs	12.11%
Net Profit	₹4.4920 crs	₹3.50 crs	28.34%
EPS	₹1.73	₹1.35	28.15%

Financial Results (Q2 FY2023) - YoY Comparison

The company has reported total income of Rs. 100.9493 crores during the period ended September 30, 2022 as compared to Rs.82.2086 crores during the period ended September 30, 2021.

The company has posted net profit / (loss) of Rs.4.4920 crores for the period ended September 30, 2022 as against net profit / (loss) of Rs.3.3546 crores for the period ended September 30, 2021.

The company has reported EPS of Rs.1.73 for the period ended September 30, 2022 as compared to Rs.1.29 for the period ended September 30, 2021.

Financials	Q2 FY2023	Q2 FY2022	% Change
Total Income	₹ 100.9493 crs	₹82.2086 crs	22.80%
Net Profit	₹4.4920 crs	₹3.3546 crs	33.91%
EPS	₹1.73	₹1.29	34.11%

Financial Results (Half Year Ended FY2023) - YoY Comparison

The company has reported total income of Rs.190.9902 crores during the 6 Months period ended September 30, 2022 as compared to Rs.138.35 crores during the 6 Months period ended September 30, 2021.

The company has posted net profit / (loss) of Rs.7.9920 crores for the 6 Months period ended September 30, 2022 as against net profit / (loss) of Rs.6.0770 crores for the 6 Months period ended September 30, 2021.

The company has reported EPS of Rs.3.07 for the 6 Months period ended September 30, 2022 as compared to Rs.2.57 for the 6 Months period ended September 30, 2021.

Financials	Half Year Ended FY2023	Half Year Ended FY2022	% Change
Total Income	₹190.9902 crs	₹138.35 crs	38.05%
Net Profit	₹7.9920 crs	₹6.0770 crs	31.51%
EPS	₹3.07	₹2.57	19.46%

Shares of GEE LTD. was last trading in BSE at Rs. 80.05 as compared to the previous close of Rs. 78.25. The total number of shares traded during the day was 21611 in over 106 trades.

The stock hit an intraday high of Rs. 81.80 and intraday low of 78.45. The net turnover during the day was Rs. 1739398.00.

Source : Equity Bulls

Keywords

GEE Q2FY23 H1FY23 ResultUpdate