Stock Report

Resonance Specialties Ltd posts lower net profit of Rs. 1.37 crore in Q2FY23



Posted On : 2022-11-10 12:53:08( TIMEZONE : IST )

Resonance Specialties Ltd posts lower net profit of Rs. 1.37 crore in Q2FY23

RESONANCE SPECIALTIES 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. 15.8164 crores during the period ended September 30, 2022 as compared to Rs. 16.6652 crores during the period ended June 30, 2022.

The company has posted net profit / (loss) of Rs. 1.3785 crores for the period ended September 30, 2022 as against net profit / (loss) of Rs. 1.5154 crores for the period ended June 30, 2022.

The company has reported EPS of Rs. 1.24 for the period ended September 30, 2022 as compared to Rs. 1.29 for the period ended June 30, 2022.

Financials Q2 FY2023 Q1 FY2023 % Change
Total Income ₹ 15.8164 crs ₹16.6652 crs Up Tick / Down Tick-5.09%
Net Profit ₹1.3785 crs ₹1.5154 crs Up Tick / Down Tick-9.03%
EPS ₹1.24 ₹1.29 Up Tick / Down Tick-3.88%

Financial Results (Q2 FY2023) - YoY Comparison

The company has reported total income of Rs. 15.8164 crores during the period ended September 30, 2022 as compared to Rs.18.9423 crores during the period ended September 30, 2021.

The company has posted net profit / (loss) of Rs.1.3785 crores for the period ended September 30, 2022 as against net profit / (loss) of Rs.3.3528 crores for the period ended September 30, 2021.

The company has reported EPS of Rs.1.24 for the period ended September 30, 2022 as compared to Rs.2.99 for the period ended September 30, 2021.

Financials Q2 FY2023 Q2 FY2022 % Change
Total Income ₹ 15.8164 crs ₹18.9423 crs Up Tick / Down Tick-16.50%
Net Profit ₹1.3785 crs ₹3.3528 crs Up Tick / Down Tick-58.89%
EPS ₹1.24 ₹2.99 Up Tick / Down Tick-58.53%

Financial Results (Half Year Ended FY2023) - YoY Comparison

The company has reported total income of Rs.32.4816 crores during the 6 Months period ended September 30, 2022 as compared to Rs.40.9692 crores during the 6 Months period ended September 30, 2021.

The company has posted net profit / (loss) of Rs.2.8939 crores for the 6 Months period ended September 30, 2022 as against net profit / (loss) of Rs.6.8549 crores for the 6 Months period ended September 30, 2021.

The company has reported EPS of Rs.2.53 for the 6 Months period ended September 30, 2022 as compared to Rs.5.94 for the 6 Months period ended September 30, 2021.

Financials Half Year Ended FY2023 Half Year Ended FY2022 % Change
Total Income ₹32.4816 crs ₹40.9692 crs Up Tick / Down Tick-20.72%
Net Profit ₹2.8939 crs ₹6.8549 crs Up Tick / Down Tick-57.78%
EPS ₹2.53 ₹5.94 Up Tick / Down Tick-57.41%

Shares of RESONANCE SPECIALTIES LTD. was last trading in BSE at Rs. 133.85 as compared to the previous close of Rs. 135.10. The total number of shares traded during the day was 7198 in over 142 trades.

The stock hit an intraday high of Rs. 139.00 and intraday low of 132.05. The net turnover during the day was Rs. 971330.00.

Source : Equity Bulls

Keywords

ResonanceSpecialties Q2FY23 H1FY23 ResultUpdate