Brady and Morris Engineering Company Ltd Q2 FY23 profit up at Rs. 1.32 crore

BRADY & MORRIS ENGINEERING CO.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. 16.8751 crores during the period ended September 30, 2022 as compared to Rs. 14.1343 crores during the period ended June 30, 2022.

The company has posted net profit / (loss) of Rs. 1.3228 crores for the period ended September 30, 2022 as against net profit / (loss) of Rs. 1.0796 crores for the period ended June 30, 2022.

The company has reported EPS of Rs. 5.88 for the period ended September 30, 2022 as compared to Rs. 4.80 for the period ended June 30, 2022.

Financials	Q2 FY2023	Q1 FY2023	% Change
Total Income	₹ 16.8751 crs	₹14.1343 crs	19.39%
Net Profit	₹1.3228 crs	₹1.0796 crs	22.53%
EPS	₹5.88	₹4.80	22.50%

Financial Results (Q2 FY2023) - YoY Comparison

The company has reported total income of Rs. 16.8751 crores during the period ended September 30, 2022 as compared to Rs.8.9760 crores during the period ended September 30, 2021.

The company has posted net profit / (loss) of Rs.1.3228 crores for the period ended September 30, 2022 as against net profit / (loss) of Rs.1.0173 crores for the period ended September 30, 2021.

The company has reported EPS of Rs.5.88 for the period ended September 30, 2022 as compared to Rs.4.52 for the period ended September 30, 2021.

Financials	Q2 FY2023	Q2 FY2022	% Change
Total Income	₹ 16.8751 crs	₹8.9760 crs	88.00%
Net Profit	₹1.3228 crs	₹1.0173 crs	30.03%
EPS	₹5.88	₹4.52	30.09%

Financial Results (Half Year Ended FY2023) - YoY Comparison

The company has reported total income of Rs.31.0094 crores during the 6 Months period ended September 30, 2022 as compared to Rs.17.4577 crores during the 6 Months period ended September 30, 2021.

The company has posted net profit / (loss) of Rs.2.4024 crores for the 6 Months period ended September 30, 2022 as against net profit / (loss) of Rs.1.6543 crores for the 6 Months period ended September 30, 2021.

The company has reported EPS of Rs.10.68 for the 6 Months period ended September 30, 2022 as compared to Rs.7.35 for the 6 Months period ended September 30, 2021.

Financials	Half Year Ended FY2023	Half Year Ended FY2022	% Change
Total Income	₹31.0094 crs	₹17.4577 crs	77.63%
Net Profit	₹2.4024 crs	₹1.6543 crs	45.22%
EPS	₹10.68	₹7.35	45.31%

Shares of BRADY & MORRIS ENGINEERING CO.LTD. was last trading in BSE at Rs. 170.00 as compared to the previous close of Rs. 170.30. The total number of shares traded during the day was 306 in over 13 trades.

The stock hit an intraday high of Rs. 177.90 and intraday low of 162.05. The net turnover during the day was Rs. 50900.00.

Source : Equity Bulls

Keywords

BradyandMorrisEngineeringCompany Q2FY23 H1FY23 ResultUpdate