Stock Report

Fairchem Organics Ltd Q2 FY2022-23 net profit slumps to Rs. 4 crores

Posted On : 2022-11-08 22:23:37( TIMEZONE : IST )

Fairchem Organics Limited 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. 168.5425 crores during the period ended September 30, 2022 as compared to Rs. 225.4028 crores during the period ended June 30, 2022.

The company has posted net profit / (loss) of Rs. 4.0030 crores for the period ended September 30, 2022 as against net profit / (loss) of Rs. 27.0295 crores for the period ended June 30, 2022.

The company has reported EPS of Rs. 3.07 for the period ended September 30, 2022 as compared to Rs. 20.76 for the period ended June 30, 2022.

Financials	Q2 FY2023	Q1 FY2023	% Change
Total Income	₹ 168.5425 crs	₹225.4028 crs	-25.23%
Net Profit	₹4.0030 crs	₹27.0295 crs	-85.19%
EPS	₹3.07	₹20.76	-85.21%

Financial Results (Q2 FY2023) - YoY Comparison

The company has reported total income of Rs. 168.5425 crores during the period ended September 30, 2022 as compared to Rs.168.0262 crores during the period ended September 30, 2021.

The company has posted net profit / (loss) of Rs.4.0030 crores for the period ended September 30, 2022 as against net profit / (loss) of Rs.20.8974 crores for the period ended September 30, 2021.

The company has reported EPS of Rs.3.07 for the period ended September 30, 2022 as compared to Rs.16.05 for the period ended September 30, 2021.

Financials	Q2 FY2023	Q2 FY2022	% Change
Total Income	₹ 168.5425 crs	₹168.0262 crs	0.31%
Net Profit	₹4.0030 crs	₹20.8974 crs	-80.84%
EPS	₹3.07	₹16.05	-80.87%

Financial Results (Half Year Ended FY2023) - YoY Comparison

The company has reported total income of Rs.393.8932 crores during the 6 Months period ended September 30, 2022 as compared to Rs.307.3610 crores during the 6 Months period ended September 30, 2021.

The company has posted net profit / (loss) of Rs.31.0325 crores for the 6 Months period ended September 30, 2022 as against net profit / (loss) of Rs.43.2094 crores for the 6 Months period ended September 30, 2021.

The company has reported EPS of Rs.23.83 for the 6 Months period ended September 30, 2022 as compared to Rs.33.18 for the 6 Months period ended September 30, 2021.

Financials	Half Year Ended FY2023	Half Year Ended FY2022	% Change
Total Income	₹393.8932 crs	₹307.3610 crs	28.15%
Net Profit	₹31.0325 crs	₹43.2094 crs	-28.18%
EPS	₹23.83	₹33.18	-28.18%

Shares of Fairchem Organics Limited was last trading in BSE at Rs. 1841.00 as compared to the previous close of Rs. 1847.00. The total number of shares traded during the day was 21855 in over 1560 trades.

The stock hit an intraday high of Rs. 1863.15 and intraday low of 1804.85. The net turnover during the day was Rs. 39818938.00.