Eimco Elecon India Ltd Q2 FY23 consolidated PAT jumps to Rs. 6.09 crores

Eimco Elecon (India) 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. 40.2946 crores during the period ended September 30, 2022 as compared to Rs. 33.6642 crores during the period ended June 30, 2022.

The company has posted net profit / (loss) of Rs. 6.0990 crores for the period ended September 30, 2022 as against net profit / (loss) of Rs. -1.2970 crores for the period ended June 30, 2022.

The company has reported EPS of Rs. 10.57 for the period ended September 30, 2022 as compared to Rs. -2.25 for the period ended June 30, 2022.

Financials	Q2 FY2023	Q1 FY2023	% Change
Total Income	₹ 40.2946 crs	₹33.6642 crs	19.70%
Net Profit	₹6.0990 crs	₹-1.2970 crs	570.24%
EPS	₹10.57	₹-2.25	569.78%

Financial Results (Q2 FY2023) - YoY Comparison

The company has reported total income of Rs. 40.2946 crores during the period ended September 30, 2022 as compared to Rs.13.7351 crores during the period ended September 30, 2021.

The company has posted net profit / (loss) of Rs.6.0990 crores for the period ended September 30, 2022 as against net profit / (loss) of Rs.1.2504 crores for the period ended September 30, 2021.

The company has reported EPS of Rs.10.57 for the period ended September 30, 2022 as compared to Rs.2.17 for the period ended September 30, 2021.

Financials	Q2 FY2023	Q2 FY2022	% Change
Total Income	₹ 40.2946 crs	₹13.7351 crs	193.37%
Net Profit	₹6.0990 crs	₹1.2504 crs	387.76%
EPS	₹10.57	₹2.17	387.10%

Financial Results (Half Year Ended FY2023) - YoY Comparison

The company has reported total income of Rs.73.9588 crores during the 6 Months period ended September 30, 2022 as compared to Rs.30.8388 crores during the 6 Months period ended September 30, 2021.

The company has posted net profit / (loss) of Rs.4.8020 crores for the 6 Months period ended September 30, 2022 as against net profit / (loss) of Rs.2.9933 crores for the 6 Months period ended September 30, 2021.

The company has reported EPS of Rs.8.32 for the 6 Months period ended September 30, 2022 as compared to Rs.5.19 for the 6 Months period ended September 30, 2021.

Financials	Half Year Ended FY2023	Half Year Ended FY2022	% Change
Total Income	₹73.9588 crs	₹30.8388 crs	139.82%
Net Profit	₹4.8020 crs	₹2.9933 crs	60.42%
EPS	₹8.32	₹5.19	60.31%

Shares of Eimco Elecon (India) Limited was last trading in BSE at Rs. 370.90 as compared to the previous close of Rs. 364.80. The total number of shares traded during the day was 961 in over 73 trades.

The stock hit an intraday high of Rs. 380.00 and intraday low of 358.00. The net turnover during the day was Rs. 356970.00.

Source : Equity Bulls

Keywords

EimcoEleconIndia Q2FY23 H1FY23 ResultUpdate