Gujarat Cotex Ltd posts PAT of Rs. 5.56 lakhs in Q2FY23

GUJARAT COTEX 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. 4.8809 crores during the period ended September 30, 2022 as compared to Rs. 4.9225 crores during the period ended June 30, 2022.

The company has posted net profit / (loss) of Rs. 0.0556 crores for the period ended September 30, 2022 as against net profit / (loss) of Rs. 0.0270 crores for the period ended June 30, 2022.

The company has reported EPS of Rs. 0.04 for the period ended September 30, 2022 as compared to Rs. 0.02 for the period ended June 30, 2022.

Financials	Q2 FY2023	Q1 FY2023	% Change
Total Income	₹ 4.8809 crs	₹4.9225 crs	-0.85%
Net Profit	₹0.0556 crs	₹0.0270 crs	105.93%
EPS	₹0.04	₹0.02	100.00%

Financial Results (Q2 FY2023) - YoY Comparison

The company has reported total income of Rs. 4.8809 crores during the period ended September 30, 2022 as compared to Rs.3.3129 crores during the period ended September 30, 2021.

The company has posted net profit / (loss) of Rs.0.0556 crores for the period ended September 30, 2022 as against net profit / (loss) of Rs.-2.4897 crores for the period ended September 30, 2021.

The company has reported EPS of Rs.0.04 for the period ended September 30, 2022 as compared to Rs.-1.75 for the period ended September 30, 2021.

Financials	Q2 FY2023	Q2 FY2022	% Change
Total Income	₹ 4.8809 crs	₹3.3129 crs	47.33%
Net Profit	₹0.0556 crs	₹-2.4897 crs	102.23%
EPS	₹0.04	₹-1.75	102.29%

Financial Results (Half Year Ended FY2023) - YoY Comparison

The company has reported total income of Rs.9.8034 crores during the 6 Months period ended September 30, 2022 as compared to Rs.5.4776 crores during the 6 Months period ended September 30, 2021.

The company has posted net profit / (loss) of Rs.0.0825 crores for the 6 Months period ended September 30, 2022 as against net profit / (loss) of Rs.-2.4814 crores for the 6 Months period ended September 30, 2021.

The company has reported EPS of Rs.0.06 for the 6 Months period ended September 30, 2022 as compared to Rs.-1.74 for the 6 Months period ended September 30, 2021.

Financials	Half Year Ended FY2023	Half Year Ended FY2022	% Change
Total Income	₹9.8034 crs	₹5.4776 crs	78.97%
Net Profit	₹0.0825 crs	₹-2.4814 crs	103.32%
EPS	₹0.06	₹-1.74	103.45%

Shares of GUJARAT COTEX LTD. was last trading in BSE at Rs. 4.00 as compared to the previous close of Rs. 4.04. The total number of shares traded during the day was 180112 in over 196 trades.

The stock hit an intraday high of Rs. 4.13 and intraday low of 3.91. The net turnover during the day was Rs. 727274.00.

Source : Equity Bulls

Keywords

GujaratCotex Q2FY23 H1FY23 ResultUpdate