Gujarat Poly Electronics Ltd Q2FY23 profit jumps to Rs. 3.08 crores

Gujarat Poly Electronics 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. 6.8369 crores during the period ended September 30, 2022 as compared to Rs. 4.0645 crores during the period ended June 30, 2022.

The company has posted net profit / (loss) of Rs. 3.0818 crores for the period ended September 30, 2022 as against net profit / (loss) of Rs. 0.3340 crores for the period ended June 30, 2022.

The company has reported EPS of Rs. 3.60 for the period ended September 30, 2022 as compared to Rs. 0.39 for the period ended June 30, 2022.

Financials	Q2 FY2023	Q1 FY2023	% Change
Total Income	₹ 6.8369 crs	₹4.0645 crs	68.21%
Net Profit	₹3.0818 crs	₹0.3340 crs	822.69%
EPS	₹3.60	₹0.39	823.08%

Financial Results (Q2 FY2023) - YoY Comparison

The company has reported total income of Rs. 6.8369 crores during the period ended September 30, 2022 as compared to Rs.3.9225 crores during the period ended September 30, 2021.

The company has posted net profit / (loss) of Rs.3.0818 crores for the period ended September 30, 2022 as against net profit / (loss) of Rs.0.4948 crores for the period ended September 30, 2021.

The company has reported EPS of Rs.3.60 for the period ended September 30, 2022 as compared to Rs.0.58 for the period ended September 30, 2021.

Financials	Q2 FY2023	Q2 FY2022	% Change
Total Income	₹ 6.8369 crs	₹3.9225 crs	74.30%
Net Profit	₹3.0818 crs	₹0.4948 crs	522.84%
EPS	₹3.60	₹0.58	520.69%

Financial Results (Half Year Ended FY2023) - YoY Comparison

The company has reported total income of Rs.10.9015 crores during the 6 Months period ended September 30, 2022 as compared to Rs.7.5177 crores during the 6 Months period ended September 30, 2021.

The company has posted net profit / (loss) of Rs.3.4159 crores for the 6 Months period ended September 30, 2022 as against net profit / (loss) of Rs.0.8431 crores for the 6 Months period ended September 30, 2021.

The company has reported EPS of Rs.4 for the 6 Months period ended September 30, 2022 as compared to Rs.0.99 for the 6 Months period ended September 30, 2021.

Financials	Half Year Ended FY2023	Half Year Ended FY2022	% Change
Total Income	₹10.9015 crs	₹7.5177 crs	45.01%
Net Profit	₹3.4159 crs	₹0.8431 crs	305.16%
EPS	₹4	₹0.99	304.04%

Shares of Gujarat Poly Electronics Ltd was last trading in BSE at Rs. 54.20 as compared to the previous close of Rs. 54.30. The total number of shares traded during the day was 3632 in over 80 trades.

The stock hit an intraday high of Rs. 57.00 and intraday low of 52.25. The net turnover during the day was Rs. 197726.00.

Source : Equity Bulls

Keywords

GujaratPolyElectronics Q2FY23 H1FY23 ResultUpdate