Stock Report

Igarashi Motors India Ltd posts net profit of Rs. 46.57 lakhs in Q2 FY2022-23



Posted On : 2022-11-09 20:01:48( TIMEZONE : IST )

Igarashi Motors India Ltd posts net profit of Rs. 46.57 lakhs in Q2 FY2022-23

Igarashi Motors India 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. 174.3197 crores during the period ended September 30, 2022 as compared to Rs. 142.9170 crores during the period ended June 30, 2022.

The company has posted net profit / (loss) of Rs. 0.4657 crores for the period ended September 30, 2022 as against net profit / (loss) of Rs. -4.2030 crores for the period ended June 30, 2022.

The company has reported EPS of Rs. 0.15 for the period ended September 30, 2022 as compared to Rs. -1.34 for the period ended June 30, 2022.

Financials Q2 FY2023 Q1 FY2023 % Change
Total Income ₹ 174.3197 crs ₹142.9170 crs Up Tick / Down Tick21.97%
Net Profit ₹0.4657 crs ₹-4.2030 crs Up Tick / Down Tick111.08%
EPS ₹0.15 ₹-1.34 Up Tick / Down Tick111.19%

Financial Results (Q2 FY2023) - YoY Comparison

The company has reported total income of Rs. 174.3197 crores during the period ended September 30, 2022 as compared to Rs.160.8482 crores during the period ended September 30, 2021.

The company has posted net profit / (loss) of Rs.0.4657 crores for the period ended September 30, 2022 as against net profit / (loss) of Rs.5.1368 crores for the period ended September 30, 2021.

The company has reported EPS of Rs.0.15 for the period ended September 30, 2022 as compared to Rs.1.63 for the period ended September 30, 2021.

Financials Q2 FY2023 Q2 FY2022 % Change
Total Income ₹ 174.3197 crs ₹160.8482 crs Up Tick / Down Tick8.38%
Net Profit ₹0.4657 crs ₹5.1368 crs Up Tick / Down Tick-90.93%
EPS ₹0.15 ₹1.63 Up Tick / Down Tick-90.80%

Financial Results (Half Year Ended FY2023) - YoY Comparison

The company has reported total income of Rs.317.2367 crores during the 6 Months period ended September 30, 2022 as compared to Rs.309.9859 crores during the 6 Months period ended September 30, 2021.

The company has posted net profit / (loss) of Rs.-3.7373 crores for the 6 Months period ended September 30, 2022 as against net profit / (loss) of Rs.8.8883 crores for the 6 Months period ended September 30, 2021.

The company has reported EPS of Rs.-1.19 for the 6 Months period ended September 30, 2022 as compared to Rs.2.82 for the 6 Months period ended September 30, 2021.

Financials Half Year Ended FY2023 Half Year Ended FY2022 % Change
Total Income ₹317.2367 crs ₹309.9859 crs Up Tick / Down Tick2.34%
Net Profit ₹-3.7373 crs ₹8.8883 crs Up Tick / Down Tick-142.05%
EPS ₹-1.19 ₹2.82 Up Tick / Down Tick-142.20%

Shares of Igarashi Motors India Limited was last trading in BSE at Rs. 400.60 as compared to the previous close of Rs. 399.15. The total number of shares traded during the day was 2086 in over 353 trades.

The stock hit an intraday high of Rs. 405.30 and intraday low of 397.00. The net turnover during the day was Rs. 836245.00.

Source : Equity Bulls

Keywords

IgarashiMotorsIndia Q2FY23 H1FY23 ResultUpdate