Stock Report

WeP Solutions Ltd posts net profit of Rs. 80.09 lakhs in Q2FY23



Posted On : 2022-11-06 16:00:49( TIMEZONE : IST )

WeP Solutions Ltd posts net profit of Rs. 80.09 lakhs in Q2FY23

WEP 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. 25.2158 crores during the period ended September 30, 2022 as compared to Rs. 29.8831 crores during the period ended June 30, 2022.

The company has posted net profit / (loss) of Rs. 0.8009 crores for the period ended September 30, 2022 as against net profit / (loss) of Rs. 0.7071 crores for the period ended June 30, 2022.

The company has reported EPS of Rs. 0.22 for the period ended September 30, 2022 as compared to Rs. 0.19 for the period ended June 30, 2022.

Financials Q2 FY2023 Q1 FY2023 % Change
Total Income ₹ 25.2158 crs ₹29.8831 crs Up Tick / Down Tick-15.62%
Net Profit ₹0.8009 crs ₹0.7071 crs Up Tick / Down Tick13.27%
EPS ₹0.22 ₹0.19 Up Tick / Down Tick15.79%

Financial Results (Q2 FY2023) - YoY Comparison

The company has reported total income of Rs. 25.2158 crores during the period ended September 30, 2022 as compared to Rs.23.4199 crores during the period ended September 30, 2021.

The company has posted net profit / (loss) of Rs.0.8009 crores for the period ended September 30, 2022 as against net profit / (loss) of Rs.0.9057 crores for the period ended September 30, 2021.

The company has reported EPS of Rs.0.22 for the period ended September 30, 2022 as compared to Rs.0.25 for the period ended September 30, 2021.

Financials Q2 FY2023 Q2 FY2022 % Change
Total Income ₹ 25.2158 crs ₹23.4199 crs Up Tick / Down Tick7.67%
Net Profit ₹0.8009 crs ₹0.9057 crs Up Tick / Down Tick-11.57%
EPS ₹0.22 ₹0.25 Up Tick / Down Tick-12.00%

Financial Results (Half Year Ended FY2023) - YoY Comparison

The company has reported total income of Rs.55.0989 crores during the 6 Months period ended September 30, 2022 as compared to Rs.45.5018 crores during the 6 Months period ended September 30, 2021.

The company has posted net profit / (loss) of Rs.1.5080 crores for the 6 Months period ended September 30, 2022 as against net profit / (loss) of Rs.1.0453 crores for the 6 Months period ended September 30, 2021.

The company has reported EPS of Rs.0.41 for the 6 Months period ended September 30, 2022 as compared to Rs.0.29 for the 6 Months period ended September 30, 2021.

Financials Half Year Ended FY2023 Half Year Ended FY2022 % Change
Total Income ₹55.0989 crs ₹45.5018 crs Up Tick / Down Tick21.09%
Net Profit ₹1.5080 crs ₹1.0453 crs Up Tick / Down Tick44.26%
EPS ₹0.41 ₹0.29 Up Tick / Down Tick41.38%

Shares of WEP SOLUTIONS LTD. was last trading in BSE at Rs. 22.10 as compared to the previous close of Rs. 22.10. The total number of shares traded during the day was 4639 in over 28 trades.

The stock hit an intraday high of Rs. 22.65 and intraday low of 22.10. The net turnover during the day was Rs. 102918.00.

Source : Equity Bulls

Keywords

WePSolutions Q2FY23 H1FY23 ResultUpdate