Stock Report

Welspun Specialty Solutions Ltd Q2FY23 loss at Rs. 10.71 crores



Posted On : 2022-10-31 18:11:32( TIMEZONE : IST )

Welspun Specialty Solutions Ltd Q2FY23 loss at Rs. 10.71 crores

Welspun Specialty Solutions 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. 93.74 crores during the period ended September 30, 2022 as compared to Rs. 85.39 crores during the period ended June 30, 2022.

The company has posted net profit / (loss) of Rs. -10.71 crores for the period ended September 30, 2022 as against net profit / (loss) of Rs. -7.96 crores for the period ended June 30, 2022.

The company has reported EPS of Rs. -0.20 for the period ended September 30, 2022 as compared to Rs. -0.15 for the period ended June 30, 2022.

Financials Q2 FY2023 Q1 FY2023 % Change
Total Income ₹ 93.74 crs ₹85.39 crs Up Tick / Down Tick9.78%
Net Profit ₹-10.71 crs ₹-7.96 crs Up Tick / Down Tick34.55%
EPS ₹-0.20 ₹-0.15 Up Tick / Down Tick33.33%

Financial Results (Q2 FY2023) - YoY Comparison

The company has reported total income of Rs. 93.74 crores during the period ended September 30, 2022 as compared to Rs.20.77 crores during the period ended September 30, 2021.

The company has posted net profit / (loss) of Rs.-10.71 crores for the period ended September 30, 2022 as against net profit / (loss) of Rs.-11.42 crores for the period ended September 30, 2021.

The company has reported EPS of Rs.-0.20 for the period ended September 30, 2022 as compared to Rs.-0.22 for the period ended September 30, 2021.

Financials Q2 FY2023 Q2 FY2022 % Change
Total Income ₹ 93.74 crs ₹20.77 crs Up Tick / Down Tick351.32%
Net Profit ₹-10.71 crs ₹-11.42 crs Up Tick / Down Tick6.22%
EPS ₹-0.20 ₹-0.22 Up Tick / Down Tick9.09%

Financial Results (Half Year Ended FY2023) - YoY Comparison

The company has reported total income of Rs.179.13 crores during the 6 Months period ended September 30, 2022 as compared to Rs.39.22 crores during the 6 Months period ended September 30, 2021.

The company has posted net profit / (loss) of Rs.-18.67 crores for the 6 Months period ended September 30, 2022 as against net profit / (loss) of Rs.-24.93 crores for the 6 Months period ended September 30, 2021.

The company has reported EPS of Rs.-0.34 for the 6 Months period ended September 30, 2022 as compared to Rs.-0.47 for the 6 Months period ended September 30, 2021.

Financials Half Year Ended FY2023 Half Year Ended FY2022 % Change
Total Income ₹179.13 crs ₹39.22 crs Up Tick / Down Tick356.73%
Net Profit ₹-18.67 crs ₹-24.93 crs Up Tick / Down Tick25.11%
EPS ₹-0.34 ₹-0.47 Up Tick / Down Tick27.66%

Shares of Welspun Specialty Solutions Ltd was last trading in BSE at Rs. 16.90 as compared to the previous close of Rs. 16.95. The total number of shares traded during the day was 20982 in over 99 trades.

The stock hit an intraday high of Rs. 17.20 and intraday low of 16.65. The net turnover during the day was Rs. 356133.00.

Source : Equity Bulls

Keywords

WelspunSpecialtySolutions Q2FY23 H1FY23 ResultUpdate