Jyoti Resins and Adhesives Ltd Q2FY23 profit at Rs. 8.81 crores

JYOTI RESINS & ADHESIVES 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. 65.7907 crores during the period ended September 30, 2022 as compared to Rs. 64.1147 crores during the period ended June 30, 2022.

The company has posted net profit / (loss) of Rs. 8.8148 crores for the period ended September 30, 2022 as against net profit / (loss) of Rs. 9.0737 crores for the period ended June 30, 2022.

The company has reported EPS of Rs. 7.35 for the period ended September 30, 2022 as compared to Rs. 7.56 for the period ended June 30, 2022.

Financials	Q2 FY2023	Q1 FY2023	% Change
Total Income	₹ 65.7907 crs	₹64.1147 crs	2.61%
Net Profit	₹8.8148 crs	₹9.0737 crs	-2.85%
EPS	₹7.35	₹7.56	-2.78%

Financial Results (Q2 FY2023) - YoY Comparison

The company has reported total income of Rs. 65.7907 crores during the period ended September 30, 2022 as compared to Rs.49.0305 crores during the period ended September 30, 2021.

The company has posted net profit / (loss) of Rs.8.8148 crores for the period ended September 30, 2022 as against net profit / (loss) of Rs.4.3383 crores for the period ended September 30, 2021.

The company has reported EPS of Rs.7.35 for the period ended September 30, 2022 as compared to Rs.3.62 for the period ended September 30, 2021.

Financials	Q2 FY2023	Q2 FY2022	% Change
Total Income	₹ 65.7907 crs	₹49.0305 crs	34.18%
Net Profit	₹8.8148 crs	₹4.3383 crs	103.19%
EPS	₹7.35	₹3.62	103.04%

Financial Results (Half Year Ended FY2023) - YoY Comparison

The company has reported total income of Rs.129.9054 crores during the 6 Months period ended September 30, 2022 as compared to Rs.76.8579 crores during the 6 Months period ended September 30, 2021.

The company has posted net profit / (loss) of Rs.17.8885 crores for the 6 Months period ended September 30, 2022 as against net profit / (loss) of Rs.7.9557 crores for the 6 Months period ended September 30, 2021.

The company has reported EPS of Rs.14.91 for the 6 Months period ended September 30, 2022 as compared to Rs.6.63 for the 6 Months period ended September 30, 2021.

Financials	Half Year Ended FY2023	Half Year Ended FY2022	% Change
Total Income	₹129.9054 crs	₹76.8579 crs	69.02%
Net Profit	₹17.8885 crs	₹7.9557 crs	124.85%
EPS	₹14.91	₹6.63	124.89%

Shares of JYOTI RESINS & ADHESIVES LTD. was last trading in BSE at Rs. 1367.05 as compared to the previous close of Rs. 1337.90. The total number of shares traded during the day was 29248 in over 2333 trades.

The stock hit an intraday high of Rs. 1404.70 and intraday low of 1342.10. The net turnover during the day was Rs. 40330472.00.

Source : Equity Bulls

Keywords

JyotiResinsandAdhesives Q2FY23 H1FY23 ResultUpdate