Stock Report

Gita Renewable Energy Ltd Q2 FY2023 profit up at Rs. 1.32 crore



Posted On : 2022-11-10 11:15:15( TIMEZONE : IST )

Gita Renewable Energy Ltd Q2 FY2023 profit up at Rs. 1.32 crore

Gita Renewable Energy 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. 1.6907 crores during the period ended September 30, 2022 as compared to Rs. 0.5942 crores during the period ended June 30, 2022.

The company has posted net profit / (loss) of Rs. 1.3260 crores for the period ended September 30, 2022 as against net profit / (loss) of Rs. 0.3761 crores for the period ended June 30, 2022.

The company has reported EPS of Rs. 3.22 for the period ended September 30, 2022 as compared to Rs. 0.91 for the period ended June 30, 2022.

Financials Q2 FY2023 Q1 FY2023 % Change
Total Income ₹1.6907 crs ₹0.5942 crs Up Tick / Down Tick184.53%
Net Profit ₹1.3260 crs ₹0.3761 crs Up Tick / Down Tick252.57%
EPS ₹3.22 ₹0.91 Up Tick / Down Tick253.85%

Financial Results (Q2 FY2023) - YoY Comparison

The company has reported total income of Rs.1.6907 crores during the period ended September 30, 2022 as compared to Rs.1.2919 crores during the period ended September 30, 2021.

The company has posted net profit / (loss) of Rs.1.3260 crores for the period ended September 30, 2022 as against net profit / (loss) of Rs.1.2076 crores for the period ended September 30, 2021.

The company has reported EPS of Rs.3.22 for the period ended September 30, 2022 as compared to Rs.2.94 for the period ended September 30, 2021.

Financials Q2 FY2023 Q2 FY2022 % Change
Total Income ₹1.6907 crs ₹1.2919 crs Up Tick / Down Tick30.87%
Net Profit ₹1.3260 crs ₹1.2076 crs Up Tick / Down Tick9.80%
EPS ₹3.22 ₹2.94 Up Tick / Down Tick9.52%

Financial Results (Half Year Ended FY2023) - YoY Comparison

The company has reported total income of Rs.2.2849 crores during the 6 Months period ended September 30, 2022 as compared to Rs.1.7519 crores during the 6 Months period ended September 30, 2021.

The company has posted net profit / (loss) of Rs.1.7021 crores for the 6 Months period ended September 30, 2022 as against net profit / (loss) of Rs.1.5623 crores for the 6 Months period ended September 30, 2021.

The company has reported EPS of Rs.4.14 for the 6 Months period ended September 30, 2022 as compared to Rs.3.80 for the 6 Months period ended September 30, 2021.

Financials Half Year Ended FY2023 Half Year Ended FY2022 % Change
Total Income ₹2.2849 crs ₹1.7519 crs Up Tick / Down Tick30.42%
Net Profit ₹1.7021 crs ₹1.5623 crs Up Tick / Down Tick8.95%
EPS ₹4.14 ₹3.80 Up Tick / Down Tick8.95%

Shares of Gita Renewable Energy Ltd was last trading in BSE at Rs. 130.75 as compared to the previous close of Rs. 131.85. The total number of shares traded during the day was 1072 in over 64 trades.

The stock hit an intraday high of Rs. 133.85 and intraday low of 130.05. The net turnover during the day was Rs. 141858.00.

Source : Equity Bulls

Keywords

GitaRenewableEnergy Q2FY23 H1FY23 ResultUpdate