Stock Report

Akashdeep Metal Industries Ltd Q2 FY23 consolidated PAT higher at Rs. 85.13 lakhs

Posted On : 2022-11-07 18:56:55( TIMEZONE : IST )

Akashdeep Metal Industries Ltd has reported Consolidated financial results for the period ended September 30, 2022.

Financial Results (Q2 FY2023) - QoQ Comparison

The company has reported total income of Rs. 4.9355 crores during the period ended September 30, 2022 as compared to Rs. 3.6315 crores during the period ended June 30, 2022.

The company has posted net profit / (loss) of Rs. 0.8513 crores for the period ended September 30, 2022 as against net profit / (loss) of Rs. 0.7171 crores for the period ended June 30, 2022.

The company has reported EPS of Rs. 0.88 for the period ended September 30, 2022 as compared to Rs. 0.80 for the period ended June 30, 2022.

Financials	Q2 FY2023	Q1 FY2023	% Change
Total Income	₹ 4.9355 crs	₹3.6315 crs	35.91%
Net Profit	₹0.8513 crs	₹0.7171 crs	18.71%
EPS	₹0.88	₹0.80	10.00%

Financial Results (Q2 FY2023) - YoY Comparison

The company has reported total income of Rs. 4.9355 crores during the period ended September 30, 2022 as compared to Rs.2.0883 crores during the period ended September 30, 2021.

The company has posted net profit / (loss) of Rs.0.8513 crores for the period ended September 30, 2022 as against net profit / (loss) of Rs.0.3437 crores for the period ended September 30, 2021.

The company has reported EPS of Rs.0.88 for the period ended September 30, 2022 as compared to Rs.0.54 for the period ended September 30, 2021.

Financials	Q2 FY2023	Q2 FY2022	% Change
Total Income	₹ 4.9355 crs	₹2.0883 crs	136.34%
Net Profit	₹0.8513 crs	₹0.3437 crs	147.69%
EPS	₹0.88	₹0.54	62.96%

Financial Results (Half Year Ended FY2023) - YoY Comparison

The company has reported total income of Rs.8.5670 crores during the 6 Months period ended September 30, 2022 as compared to Rs.3.7421 crores during the 6 Months period ended September 30, 2021.

The company has posted net profit / (loss) of Rs.1.5684 crores for the 6 Months period ended September 30, 2022 as against net profit / (loss) of Rs.0.8029 crores for the 6 Months period ended September 30, 2021.

The company has reported EPS of Rs.1.68 for the 6 Months period ended September 30, 2022 as compared to Rs.1.16 for the 6 Months period ended September 30, 2021.

Financials	Half Year Ended FY2023	Half Year Ended FY2022	% Change
Total Income	₹8.5670 crs	₹3.7421 crs	128.94%
Net Profit	₹1.5684 crs	₹0.8029 crs	95.34%
EPS	₹1.68	₹1.16	44.83%

Shares of Akashdeep Metal Industries Ltd was last trading in BSE at Rs. 140.55 as compared to the previous close of Rs. 139.35. The total number of shares traded during the day was 4505 in over 59 trades.

The stock hit an intraday high of Rs. 144.95 and intraday low of 139.50. The net turnover during the day was Rs. 631396.00.