Stock Report

Sharat Industries Ltd Q2 FY2022-23 profit at Rs. 1.71 crore



Posted On : 2022-11-08 17:48:51( TIMEZONE : IST )

Sharat Industries Ltd Q2 FY2022-23 profit at Rs. 1.71 crore

SHARAT INDUSTRIES 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. 98.3879 crores during the period ended September 30, 2022 as compared to Rs. 87.8098 crores during the period ended June 30, 2022.

The company has posted net profit / (loss) of Rs. 1.7102 crores for the period ended September 30, 2022 as against net profit / (loss) of Rs. 2.7005 crores for the period ended June 30, 2022.

The company has reported EPS of Rs. 0.72 for the period ended September 30, 2022 as compared to Rs. 1.13 for the period ended June 30, 2022.

Financials Q2 FY2023 Q1 FY2023 % Change
Total Income ₹ 98.3879 crs ₹87.8098 crs Up Tick / Down Tick12.05%
Net Profit ₹1.7102 crs ₹2.7005 crs Up Tick / Down Tick-36.67%
EPS ₹0.72 ₹1.13 Up Tick / Down Tick-36.28%

Financial Results (Q2 FY2023) - YoY Comparison

The company has reported total income of Rs. 98.3879 crores during the period ended September 30, 2022 as compared to Rs.66.7547 crores during the period ended September 30, 2021.

The company has posted net profit / (loss) of Rs.1.7102 crores for the period ended September 30, 2022 as against net profit / (loss) of Rs.0.8309 crores for the period ended September 30, 2021.

The company has reported EPS of Rs.0.72 for the period ended September 30, 2022 as compared to Rs.0.38 for the period ended September 30, 2021.

Financials Q2 FY2023 Q2 FY2022 % Change
Total Income ₹ 98.3879 crs ₹66.7547 crs Up Tick / Down Tick47.39%
Net Profit ₹1.7102 crs ₹0.8309 crs Up Tick / Down Tick105.83%
EPS ₹0.72 ₹0.38 Up Tick / Down Tick89.47%

Financial Results (Half Year Ended FY2023) - YoY Comparison

The company has reported total income of Rs.186.1977 crores during the 6 Months period ended September 30, 2022 as compared to Rs.136.1854 crores during the 6 Months period ended September 30, 2021.

The company has posted net profit / (loss) of Rs.4.4107 crores for the 6 Months period ended September 30, 2022 as against net profit / (loss) of Rs.2.3009 crores for the 6 Months period ended September 30, 2021.

The company has reported EPS of Rs.1.84 for the 6 Months period ended September 30, 2022 as compared to Rs.1.05 for the 6 Months period ended September 30, 2021.

Financials Half Year Ended FY2023 Half Year Ended FY2022 % Change
Total Income ₹186.1977 crs ₹136.1854 crs Up Tick / Down Tick36.72%
Net Profit ₹4.4107 crs ₹2.3009 crs Up Tick / Down Tick91.69%
EPS ₹1.84 ₹1.05 Up Tick / Down Tick75.24%

Shares of SHARAT INDUSTRIES LTD. was last trading in BSE at Rs. 56.65 as compared to the previous close of Rs. 55.15. The total number of shares traded during the day was 3140 in over 20 trades.

The stock hit an intraday high of Rs. 57.90 and intraday low of 53.85. The net turnover during the day was Rs. 180037.00.

Source : Equity Bulls

Keywords

SharatIndustries Q2FY23 H1FY23 ResultUpdate