Stock Report

Maestros Electronics and Telecommunications Systems Ltd Q2FY23 profit climbs to Rs. 1.05 crore

Posted On : 2022-11-04 22:12:49( TIMEZONE : IST )

Maestros Electronics & Telecommunications Systems 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. 6.9645 crores during the period ended September 30, 2022 as compared to Rs. 4.2190 crores during the period ended June 30, 2022.

The company has posted net profit / (loss) of Rs. 1.0549 crores for the period ended September 30, 2022 as against net profit / (loss) of Rs. 0.4074 crores for the period ended June 30, 2022.

The company has reported EPS of Rs. 1.91 for the period ended September 30, 2022 as compared to Rs. 0.74 for the period ended June 30, 2022.

Financials	Q2 FY2023	Q1 FY2023	% Change
Total Income	₹ 6.9645 crs	₹4.2190 crs	65.07%
Net Profit	₹1.0549 crs	₹0.4074 crs	158.93%
EPS	₹1.91	₹0.74	158.11%

Financial Results (Q2 FY2023) - YoY Comparison

The company has reported total income of Rs. 6.9645 crores during the period ended September 30, 2022 as compared to Rs.2.2847 crores during the period ended September 30, 2021.

The company has posted net profit / (loss) of Rs.1.0549 crores for the period ended September 30, 2022 as against net profit / (loss) of Rs.0.1773 crores for the period ended September 30, 2021.

The company has reported EPS of Rs.1.91 for the period ended September 30, 2022 as compared to Rs.0.32 for the period ended September 30, 2021.

Financials	Q2 FY2023	Q2 FY2022	% Change
Total Income	₹ 6.9645 crs	₹2.2847 crs	204.83%
Net Profit	₹1.0549 crs	₹0.1773 crs	494.98%
EPS	₹1.91	₹0.32	496.88%

Financial Results (Half Year Ended FY2023) - YoY Comparison

The company has reported total income of Rs.11.1835 crores during the 6 Months period ended September 30, 2022 as compared to Rs.6.1618 crores during the 6 Months period ended September 30, 2021.

The company has posted net profit / (loss) of Rs.1.4623 crores for the 6 Months period ended September 30, 2022 as against net profit / (loss) of Rs.0.6704 crores for the 6 Months period ended September 30, 2021.

The company has reported EPS of Rs.2.65 for the 6 Months period ended September 30, 2022 as compared to Rs.1.22 for the 6 Months period ended September 30, 2021.

Financials	Half Year Ended FY2023	Half Year Ended FY2022	% Change
Total Income	₹11.1835 crs	₹6.1618 crs	81.50%
Net Profit	₹1.4623 crs	₹0.6704 crs	118.12%
EPS	₹2.65	₹1.22	117.21%

Shares of Maestros Electronics & Telecommunications Systems Ltd was last trading in BSE at Rs. 49.55 as compared to the previous close of Rs. 50.90. The total number of shares traded during the day was 3585 in over 67 trades.

The stock hit an intraday high of Rs. 52.85 and intraday low of 48.75. The net turnover during the day was Rs. 178961.00.