Suyog Telematics Ltd Q2FY23 profit up at Rs. 12.16 crores

Suyog Telematics 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. 37.0487 crores during the period ended September 30, 2022 as compared to Rs. 35.9207 crores during the period ended June 30, 2022.

The company has posted net profit / (loss) of Rs. 12.1667 crores for the period ended September 30, 2022 as against net profit / (loss) of Rs. 11.3880 crores for the period ended June 30, 2022.

The company has reported EPS of Rs. 11.61 for the period ended September 30, 2022 as compared to Rs. 10.86 for the period ended June 30, 2022.

Financials	Q2 FY2023	Q1 FY2023	% Change
Total Income	₹ 37.0487 crs	₹35.9207 crs	3.14%
Net Profit	₹12.1667 crs	₹11.3880 crs	6.84%
EPS	₹11.61	₹10.86	6.91%

Financial Results (Q2 FY2023) - YoY Comparison

The company has reported total income of Rs. 37.0487 crores during the period ended September 30, 2022 as compared to Rs.37.2438 crores during the period ended September 30, 2021.

The company has posted net profit / (loss) of Rs.12.1667 crores for the period ended September 30, 2022 as against net profit / (loss) of Rs.11.5370 crores for the period ended September 30, 2021.

The company has reported EPS of Rs.11.61 for the period ended September 30, 2022 as compared to Rs.11.25 for the period ended September 30, 2021.

Financials	Q2 FY2023	Q2 FY2022	% Change
Total Income	₹ 37.0487 crs	₹37.2438 crs	-0.52%
Net Profit	₹12.1667 crs	₹11.5370 crs	5.46%
EPS	₹11.61	₹11.25	3.20%

Financial Results (Half Year Ended FY2023) - YoY Comparison

The company has reported total income of Rs.72.9694 crores during the 6 Months period ended September 30, 2022 as compared to Rs.72.8360 crores during the 6 Months period ended September 30, 2021.

The company has posted net profit / (loss) of Rs.23.5547 crores for the 6 Months period ended September 30, 2022 as against net profit / (loss) of Rs.22.9580 crores for the 6 Months period ended September 30, 2021.

The company has reported EPS of Rs.22.47 for the 6 Months period ended September 30, 2022 as compared to Rs.22.39 for the 6 Months period ended September 30, 2021.

Financials	Half Year Ended FY2023	Half Year Ended FY2022	% Change
Total Income	₹72.9694 crs	₹72.8360 crs	0.18%
Net Profit	₹23.5547 crs	₹22.9580 crs	2.60%
EPS	₹22.47	₹22.39	0.36%

Shares of Suyog Telematics Ltd was last trading in BSE at Rs. 354.00 as compared to the previous close of Rs. 350.50. The total number of shares traded during the day was 5382 in over 36 trades.

The stock hit an intraday high of Rs. 359.50 and intraday low of 345.60. The net turnover during the day was Rs. 1905183.00.

Source : Equity Bulls

Keywords

SuyogTelematics Q2FY23 H1FY23 ResultUpdate