Stock Report

Olectra Greentech Ltd Q2FY23 consolidated profit drops to Rs. 7.41 crores



Posted On : 2022-10-28 20:01:55( TIMEZONE : IST )

Olectra Greentech Ltd Q2FY23 consolidated profit drops to Rs. 7.41 crores

Olectra Greentech 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. 183.2729 crores during the period ended September 30, 2022 as compared to Rs. 283.5535 crores during the period ended June 30, 2022.

The company has posted net profit / (loss) of Rs. 7.4178 crores for the period ended September 30, 2022 as against net profit / (loss) of Rs. 16.6822 crores for the period ended June 30, 2022.

The company has reported EPS of Rs. 0.92 for the period ended September 30, 2022 as compared to Rs. 2.03 for the period ended June 30, 2022.

Financials Q2 FY2023 Q1 FY2023 % Change
Total Income ₹ 183.2729 crs ₹283.5535 crs Up Tick / Down Tick-35.37%
Net Profit ₹7.4178 crs ₹16.6822 crs Up Tick / Down Tick-55.53%
EPS ₹0.92 ₹2.03 Up Tick / Down Tick-54.68%

Financial Results (Q2 FY2023) - YoY Comparison

The company has reported total income of Rs. 183.2729 crores during the period ended September 30, 2022 as compared to Rs.72.7925 crores during the period ended September 30, 2021.

The company has posted net profit / (loss) of Rs.7.4178 crores for the period ended September 30, 2022 as against net profit / (loss) of Rs.3.6001 crores for the period ended September 30, 2021.

The company has reported EPS of Rs.0.92 for the period ended September 30, 2022 as compared to Rs.0.44 for the period ended September 30, 2021.

Financials Q2 FY2023 Q2 FY2022 % Change
Total Income ₹ 183.2729 crs ₹72.7925 crs Up Tick / Down Tick151.77%
Net Profit ₹7.4178 crs ₹3.6001 crs Up Tick / Down Tick106.04%
EPS ₹0.92 ₹0.44 Up Tick / Down Tick109.09%

Financial Results (Half Year Ended FY2023) - YoY Comparison

The company has reported total income of Rs.466.8264 crores during the 6 Months period ended September 30, 2022 as compared to Rs.116.6927 crores during the 6 Months period ended September 30, 2021.

The company has posted net profit / (loss) of Rs.24.10 crores for the 6 Months period ended September 30, 2022 as against net profit / (loss) of Rs.4.9167 crores for the 6 Months period ended September 30, 2021.

The company has reported EPS of Rs.2.95 for the 6 Months period ended September 30, 2022 as compared to Rs.0.60 for the 6 Months period ended September 30, 2021.

Financials Half Year Ended FY2023 Half Year Ended FY2022 % Change
Total Income ₹466.8264 crs ₹116.6927 crs Up Tick / Down Tick300.05%
Net Profit ₹24.10 crs ₹4.9167 crs Up Tick / Down Tick390.17%
EPS ₹2.95 ₹0.60 Up Tick / Down Tick391.67%

Shares of Olectra Greentech Limited was last trading in BSE at Rs. 568.00 as compared to the previous close of Rs. 564.50. The total number of shares traded during the day was 32334 in over 2302 trades.

The stock hit an intraday high of Rs. 574.60 and intraday low of 558.00. The net turnover during the day was Rs. 18350946.00.

Source : Equity Bulls

Keywords

OlectraGreentech Q2FY23 H1FY23 ResultUpdate