HB Estate Developers Ltd consolidated Q2FY23 loss at Rs. 1.05 crore

HB ESTATE DEVELOPERS LTD. has reported Consolidated financial results for the period ended September 30, 2022.

Financial Results (Q2 FY2023) - QoQ Comparison

The company has reported total income of Rs. 21.7451 crores during the period ended September 30, 2022 as compared to Rs. 19.7333 crores during the period ended June 30, 2022.

The company has posted net profit / (loss) of Rs. -1.0578 crores for the period ended September 30, 2022 as against net profit / (loss) of Rs. -1.2823 crores for the period ended June 30, 2022.

The company has reported EPS of Rs. -0.54 for the period ended September 30, 2022 as compared to Rs. -0.66 for the period ended June 30, 2022.

Financials	Q2 FY2023	Q1 FY2023	% Change
Total Income	₹ 21.7451 crs	₹19.7333 crs	10.19%
Net Profit	₹-1.0578 crs	₹-1.2823 crs	17.51%
EPS	₹-0.54	₹-0.66	18.18%

Financial Results (Q2 FY2023) - YoY Comparison

The company has reported total income of Rs. 21.7451 crores during the period ended September 30, 2022 as compared to Rs.12.1196 crores during the period ended September 30, 2021.

The company has posted net profit / (loss) of Rs.-1.0578 crores for the period ended September 30, 2022 as against net profit / (loss) of Rs.-5.06 crores for the period ended September 30, 2021.

The company has reported EPS of Rs.-0.54 for the period ended September 30, 2022 as compared to Rs.-2.60 for the period ended September 30, 2021.

Financials	Q2 FY2023	Q2 FY2022	% Change
Total Income	₹ 21.7451 crs	₹12.1196 crs	79.42%
Net Profit	₹-1.0578 crs	₹-5.06 crs	79.09%
EPS	₹-0.54	₹-2.60	79.23%

Financial Results (Half Year Ended FY2023) - YoY Comparison

The company has reported total income of Rs.41.4784 crores during the 6 Months period ended September 30, 2022 as compared to Rs.17.7074 crores during the 6 Months period ended September 30, 2021.

The company has posted net profit / (loss) of Rs.-2.3401 crores for the 6 Months period ended September 30, 2022 as against net profit / (loss) of Rs.-11.7865 crores for the 6 Months period ended September 30, 2021.

The company has reported EPS of Rs.-1.20 for the 6 Months period ended September 30, 2022 as compared to Rs.-6.06 for the 6 Months period ended September 30, 2021.

Financials	Half Year Ended FY2023	Half Year Ended FY2022	% Change
Total Income	₹41.4784 crs	₹17.7074 crs	134.24%
Net Profit	₹-2.3401 crs	₹-11.7865 crs	80.15%
EPS	₹-1.20	₹-6.06	80.20%

Shares of HB ESTATE DEVELOPERS LTD. was last trading in BSE at Rs. 20.35 as compared to the previous close of Rs. 20.00. The total number of shares traded during the day was 4185 in over 46 trades.

The stock hit an intraday high of Rs. 21.00 and intraday low of 19.10. The net turnover during the day was Rs. 85013.00.

Source : Equity Bulls

Keywords

HBEstateDevelopers Q2FY23 H1FY23 ResultUpdate