Stock Report

India Gelatine and Chemicals Ltd Q2 FY2023 profit surges to Rs. 4.04 crores

Posted On : 2022-11-07 18:17:11( TIMEZONE : IST )

INDIA GELATINE & CHEMICALS 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. 47.8677 crores during the period ended September 30, 2022 as compared to Rs. 45.4484 crores during the period ended June 30, 2022.

The company has posted net profit / (loss) of Rs. 4.0417 crores for the period ended September 30, 2022 as against net profit / (loss) of Rs. 2.8821 crores for the period ended June 30, 2022.

The company has reported EPS of Rs. 5.70 for the period ended September 30, 2022 as compared to Rs. 4.06 for the period ended June 30, 2022.

Financials	Q2 FY2023	Q1 FY2023	% Change
Total Income	₹ 47.8677 crs	₹45.4484 crs	5.32%
Net Profit	₹4.0417 crs	₹2.8821 crs	40.23%
EPS	₹5.70	₹4.06	40.39%

Financial Results (Q2 FY2023) - YoY Comparison

The company has reported total income of Rs. 47.8677 crores during the period ended September 30, 2022 as compared to Rs.34.4379 crores during the period ended September 30, 2021.

The company has posted net profit / (loss) of Rs.4.0417 crores for the period ended September 30, 2022 as against net profit / (loss) of Rs.0.5434 crores for the period ended September 30, 2021.

The company has reported EPS of Rs.5.70 for the period ended September 30, 2022 as compared to Rs.0.77 for the period ended September 30, 2021.

Financials	Q2 FY2023	Q2 FY2022	% Change
Total Income	₹ 47.8677 crs	₹34.4379 crs	39.00%
Net Profit	₹4.0417 crs	₹0.5434 crs	643.78%
EPS	₹5.70	₹0.77	640.26%

Financial Results (Half Year Ended FY2023) - YoY Comparison

The company has reported total income of Rs.93.3161 crores during the 6 Months period ended September 30, 2022 as compared to Rs.65.8952 crores during the 6 Months period ended September 30, 2021.

The company has posted net profit / (loss) of Rs.6.9238 crores for the 6 Months period ended September 30, 2022 as against net profit / (loss) of Rs.1.3061 crores for the 6 Months period ended September 30, 2021.

The company has reported EPS of Rs.9.76 for the 6 Months period ended September 30, 2022 as compared to Rs.1.84 for the 6 Months period ended September 30, 2021.

Financials	Half Year Ended FY2023	Half Year Ended FY2022	% Change
Total Income	₹93.3161 crs	₹65.8952 crs	41.61%
Net Profit	₹6.9238 crs	₹1.3061 crs	430.11%
EPS	₹9.76	₹1.84	430.43%

Shares of INDIA GELATINE & CHEMICALS LTD. was last trading in BSE at Rs. 174.75 as compared to the previous close of Rs. 164.50. The total number of shares traded during the day was 16835 in over 240 trades.

The stock hit an intraday high of Rs. 177.80 and intraday low of 168.05. The net turnover during the day was Rs. 2924964.00.