Stock Report

Ritesh International Ltd Q2 FY2022-23 net profit at Rs. 50.59 lakhs



Posted On : 2022-11-04 22:49:00( TIMEZONE : IST )

Ritesh International Ltd Q2 FY2022-23 net profit at Rs. 50.59 lakhs

RITESH INTERNATIONAL 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. 32.2861 crores during the period ended September 30, 2022 as compared to Rs. 50.0403 crores during the period ended June 30, 2022.

The company has posted net profit / (loss) of Rs. 0.5059 crores for the period ended September 30, 2022 as against net profit / (loss) of Rs. 1.7023 crores for the period ended June 30, 2022.

The company has reported EPS of Rs. 0.59 for the period ended September 30, 2022 as compared to Rs. 1.99 for the period ended June 30, 2022.

Financials Q2 FY2023 Q1 FY2023 % Change
Total Income ₹ 32.2861 crs ₹50.0403 crs Up Tick / Down Tick-35.48%
Net Profit ₹0.5059 crs ₹1.7023 crs Up Tick / Down Tick-70.28%
EPS ₹0.59 ₹1.99 Up Tick / Down Tick-70.35%

Financial Results (Q2 FY2023) - YoY Comparison

The company has reported total income of Rs. 32.2861 crores during the period ended September 30, 2022 as compared to Rs.34.8495 crores during the period ended September 30, 2021.

The company has posted net profit / (loss) of Rs.0.5059 crores for the period ended September 30, 2022 as against net profit / (loss) of Rs.0.4818 crores for the period ended September 30, 2021.

The company has reported EPS of Rs.0.59 for the period ended September 30, 2022 as compared to Rs.0.56 for the period ended September 30, 2021.

Financials Q2 FY2023 Q2 FY2022 % Change
Total Income ₹ 32.2861 crs ₹34.8495 crs Up Tick / Down Tick-7.36%
Net Profit ₹0.5059 crs ₹0.4818 crs Up Tick / Down Tick5.00%
EPS ₹0.59 ₹0.56 Up Tick / Down Tick5.36%

Financial Results (Half Year Ended FY2023) - YoY Comparison

The company has reported total income of Rs.82.3264 crores during the 6 Months period ended September 30, 2022 as compared to Rs.57.1682 crores during the 6 Months period ended September 30, 2021.

The company has posted net profit / (loss) of Rs.2.2082 crores for the 6 Months period ended September 30, 2022 as against net profit / (loss) of Rs.0.7806 crores for the 6 Months period ended September 30, 2021.

The company has reported EPS of Rs.2.61 for the 6 Months period ended September 30, 2022 as compared to Rs.0.91 for the 6 Months period ended September 30, 2021.

Financials Half Year Ended FY2023 Half Year Ended FY2022 % Change
Total Income ₹82.3264 crs ₹57.1682 crs Up Tick / Down Tick44.01%
Net Profit ₹2.2082 crs ₹0.7806 crs Up Tick / Down Tick182.88%
EPS ₹2.61 ₹0.91 Up Tick / Down Tick186.81%

Shares of RITESH INTERNATIONAL LTD. was last trading in BSE at Rs. 93.75 as compared to the previous close of Rs. 91.70. The total number of shares traded during the day was 19324 in over 332 trades.

The stock hit an intraday high of Rs. 95.70 and intraday low of 89.05. The net turnover during the day was Rs. 1784091.00.

Source : Equity Bulls

Keywords

RiteshInternational Q2FY23 H1FY23 ResultUpdate