Stock Report

Avadh Sugar and Energy Ltd posts loss of Rs. 16.28 crores in Q2FY23



Posted On : 2022-11-07 13:56:38( TIMEZONE : IST )

Avadh Sugar and Energy Ltd posts loss of Rs. 16.28 crores in Q2FY23

Avadh Sugar & Energy Limited 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. 594.3431 crores during the period ended September 30, 2022 as compared to Rs. 688.4074 crores during the period ended June 30, 2022.

The company has posted net profit / (loss) of Rs. -16.2811 crores for the period ended September 30, 2022 as against net profit / (loss) of Rs. 19.6916 crores for the period ended June 30, 2022.

The company has reported EPS of Rs. -8.14 for the period ended September 30, 2022 as compared to Rs. 9.84 for the period ended June 30, 2022.

Financials Q2 FY2023 Q1 FY2023 % Change
Total Income ₹ 594.3431 crs ₹688.4074 crs Up Tick / Down Tick-13.66%
Net Profit ₹-16.2811 crs ₹19.6916 crs Up Tick / Down Tick-182.68%
EPS ₹-8.14 ₹9.84 Up Tick / Down Tick-182.72%

Financial Results (Q2 FY2023) - YoY Comparison

The company has reported total income of Rs. 594.3431 crores during the period ended September 30, 2022 as compared to Rs.621.0724 crores during the period ended September 30, 2021.

The company has posted net profit / (loss) of Rs.-16.2811 crores for the period ended September 30, 2022 as against net profit / (loss) of Rs.25.2439 crores for the period ended September 30, 2021.

The company has reported EPS of Rs.-8.14 for the period ended September 30, 2022 as compared to Rs.12.61 for the period ended September 30, 2021.

Financials Q2 FY2023 Q2 FY2022 % Change
Total Income ₹ 594.3431 crs ₹621.0724 crs Up Tick / Down Tick-4.30%
Net Profit ₹-16.2811 crs ₹25.2439 crs Up Tick / Down Tick-164.50%
EPS ₹-8.14 ₹12.61 Up Tick / Down Tick-164.55%

Financial Results (Half Year Ended FY2023) - YoY Comparison

The company has reported total income of Rs.1282.7505 crores during the 6 Months period ended September 30, 2022 as compared to Rs.1240.3854 crores during the 6 Months period ended September 30, 2021.

The company has posted net profit / (loss) of Rs.3.4105 crores for the 6 Months period ended September 30, 2022 as against net profit / (loss) of Rs.44.1918 crores for the 6 Months period ended September 30, 2021.

The company has reported EPS of Rs.1.70 for the 6 Months period ended September 30, 2022 as compared to Rs.22.08 for the 6 Months period ended September 30, 2021.

Financials Half Year Ended FY2023 Half Year Ended FY2022 % Change
Total Income ₹1282.7505 crs ₹1240.3854 crs Up Tick / Down Tick3.42%
Net Profit ₹3.4105 crs ₹44.1918 crs Up Tick / Down Tick-92.28%
EPS ₹1.70 ₹22.08 Up Tick / Down Tick-92.30%

Shares of Avadh Sugar & Energy Limited was last trading in BSE at Rs. 495.25 as compared to the previous close of Rs. 503.10. The total number of shares traded during the day was 5550 in over 501 trades.

The stock hit an intraday high of Rs. 507.00 and intraday low of 491.85. The net turnover during the day was Rs. 2764718.00.

Source : Equity Bulls

Keywords

AvadhSugarandEnergy Q2FY23 H1FY23 ResultUpdate