Stock Report

Grovy India Ltd Q2 FY2023 profit higher at Rs. 33.19 lakhs



Posted On : 2022-11-09 21:18:17( TIMEZONE : IST )

Grovy India Ltd Q2 FY2023 profit higher at Rs. 33.19 lakhs

Grovy India 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. 2.6575 crores during the period ended September 30, 2022 as compared to Rs. 4.3235 crores during the period ended June 30, 2022.

The company has posted net profit / (loss) of Rs. 0.3319 crores for the period ended September 30, 2022 as against net profit / (loss) of Rs. 0.1326 crores for the period ended June 30, 2022.

The company has reported EPS of Rs. 1 for the period ended September 30, 2022 as compared to Rs. 0.53 for the period ended June 30, 2022.

Financials Q2 FY2023 Q1 FY2023 % Change
Total Income ₹ 2.6575 crs ₹4.3235 crs Up Tick / Down Tick-38.53%
Net Profit ₹0.3319 crs ₹0.1326 crs Up Tick / Down Tick150.30%
EPS ₹1 ₹0.53 Up Tick / Down Tick88.68%

Financial Results (Q2 FY2023) - YoY Comparison

The company has reported total income of Rs. 2.6575 crores during the period ended September 30, 2022 as compared to Rs.5.4207 crores during the period ended September 30, 2021.

The company has posted net profit / (loss) of Rs.0.3319 crores for the period ended September 30, 2022 as against net profit / (loss) of Rs.0.1449 crores for the period ended September 30, 2021.

The company has reported EPS of Rs.1 for the period ended September 30, 2022 as compared to Rs.0.58 for the period ended September 30, 2021.

Financials Q2 FY2023 Q2 FY2022 % Change
Total Income ₹ 2.6575 crs ₹5.4207 crs Up Tick / Down Tick-50.97%
Net Profit ₹0.3319 crs ₹0.1449 crs Up Tick / Down Tick129.05%
EPS ₹1 ₹0.58 Up Tick / Down Tick72.41%

Financial Results (Half Year Ended FY2023) - YoY Comparison

The company has reported total income of Rs.6.9809 crores during the 6 Months period ended September 30, 2022 as compared to Rs.9.6585 crores during the 6 Months period ended September 30, 2021.

The company has posted net profit / (loss) of Rs.0.4646 crores for the 6 Months period ended September 30, 2022 as against net profit / (loss) of Rs.0.0552 crores for the 6 Months period ended September 30, 2021.

The company has reported EPS of Rs.1.39 for the 6 Months period ended September 30, 2022 as compared to Rs.0.22 for the 6 Months period ended September 30, 2021.

Financials Half Year Ended FY2023 Half Year Ended FY2022 % Change
Total Income ₹6.9809 crs ₹9.6585 crs Up Tick / Down Tick-27.72%
Net Profit ₹0.4646 crs ₹0.0552 crs Up Tick / Down Tick741.67%
EPS ₹1.39 ₹0.22 Up Tick / Down Tick531.82%

Shares of Grovy India Ltd was last trading in BSE at Rs. 105.15 as compared to the previous close of Rs. 110.65. The total number of shares traded during the day was 115 in over 3 trades.

The stock hit an intraday high of Rs. 105.15 and intraday low of 105.15. The net turnover during the day was Rs. 12092.00.

Source : Equity Bulls

Keywords

GrovyIndia Q2FY23 H1FY23 ResultUpdate