Lokesh Machines Ltd Q2FY23 PAT up at Rs. 2.38 crore

Lokesh Machines 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. 60.4624 crores during the period ended September 30, 2022 as compared to Rs. 50.2562 crores during the period ended June 30, 2022.

The company has posted net profit / (loss) of Rs. 2.3880 crores for the period ended September 30, 2022 as against net profit / (loss) of Rs. 0.7239 crores for the period ended June 30, 2022.

The company has reported EPS of Rs. 1.33 for the period ended September 30, 2022 as compared to Rs. 0.40 for the period ended June 30, 2022.

Financials	Q2 FY2023	Q1 FY2023	% Change
Total Income	₹ 60.4624 crs	₹50.2562 crs	20.31%
Net Profit	₹2.3880 crs	₹0.7239 crs	229.88%
EPS	₹1.33	₹0.40	232.50%

Financial Results (Q2 FY2023) - YoY Comparison

The company has reported total income of Rs. 60.4624 crores during the period ended September 30, 2022 as compared to Rs.49.4824 crores during the period ended September 30, 2021.

The company has posted net profit / (loss) of Rs.2.3880 crores for the period ended September 30, 2022 as against net profit / (loss) of Rs.1.6038 crores for the period ended September 30, 2021.

The company has reported EPS of Rs.1.33 for the period ended September 30, 2022 as compared to Rs.0.90 for the period ended September 30, 2021.

Financials	Q2 FY2023	Q2 FY2022	% Change
Total Income	₹ 60.4624 crs	₹49.4824 crs	22.19%
Net Profit	₹2.3880 crs	₹1.6038 crs	48.90%
EPS	₹1.33	₹0.90	47.78%

Financial Results (Half Year Ended FY2023) - YoY Comparison

The company has reported total income of Rs.110.7186 crores during the 6 Months period ended September 30, 2022 as compared to Rs.82.39 crores during the 6 Months period ended September 30, 2021.

The company has posted net profit / (loss) of Rs.3.1119 crores for the 6 Months period ended September 30, 2022 as against net profit / (loss) of Rs.1.7511 crores for the 6 Months period ended September 30, 2021.

The company has reported EPS of Rs.1.74 for the 6 Months period ended September 30, 2022 as compared to Rs.0.98 for the 6 Months period ended September 30, 2021.

Financials	Half Year Ended FY2023	Half Year Ended FY2022	% Change
Total Income	₹110.7186 crs	₹82.39 crs	34.38%
Net Profit	₹3.1119 crs	₹1.7511 crs	77.71%
EPS	₹1.74	₹0.98	77.55%

Shares of Lokesh Machines Limited was last trading in BSE at Rs. 109.85 as compared to the previous close of Rs. 110.25. The total number of shares traded during the day was 6716 in over 116 trades.

The stock hit an intraday high of Rs. 113.95 and intraday low of 107.65. The net turnover during the day was Rs. 737652.00.

Source : Equity Bulls

Keywords

LokeshMachines Q2FY23 H1FY23 ResultUpdate