Kriti Industries India Ltd Q2 FY2022-23 consolidated loss at Rs. 34.44 crores

KRITI INDUSTRIES (INDIA) 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. 104.4710 crores during the period ended September 30, 2022 as compared to Rs. 186.7829 crores during the period ended June 30, 2022.

The company has posted net profit / (loss) of Rs. -34.4437 crores for the period ended September 30, 2022 as against net profit / (loss) of Rs. -9.1054 crores for the period ended June 30, 2022.

The company has reported EPS of Rs. -6.94 for the period ended September 30, 2022 as compared to Rs. -1.84 for the period ended June 30, 2022.

Financials	Q2 FY2023	Q1 FY2023	% Change
Total Income	₹ 104.4710 crs	₹186.7829 crs	-44.07%
Net Profit	₹-34.4437 crs	₹-9.1054 crs	278.28%
EPS	₹-6.94	₹-1.84	277.17%

Financial Results (Q2 FY2023) - YoY Comparison

The company has reported total income of Rs. 104.4710 crores during the period ended September 30, 2022 as compared to Rs.112.9925 crores during the period ended September 30, 2021.

The company has posted net profit / (loss) of Rs.-34.4437 crores for the period ended September 30, 2022 as against net profit / (loss) of Rs.5.5077 crores for the period ended September 30, 2021.

The company has reported EPS of Rs.-6.94 for the period ended September 30, 2022 as compared to Rs.1.11 for the period ended September 30, 2021.

Financials	Q2 FY2023	Q2 FY2022	% Change
Total Income	₹ 104.4710 crs	₹112.9925 crs	-7.54%
Net Profit	₹-34.4437 crs	₹5.5077 crs	-725.37%
EPS	₹-6.94	₹1.11	-725.23%

Financial Results (Half Year Ended FY2023) - YoY Comparison

The company has reported total income of Rs.291.2539 crores during the 6 Months period ended September 30, 2022 as compared to Rs.267.1971 crores during the 6 Months period ended September 30, 2021.

The company has posted net profit / (loss) of Rs.-43.5491 crores for the 6 Months period ended September 30, 2022 as against net profit / (loss) of Rs.17.8279 crores for the 6 Months period ended September 30, 2021.

The company has reported EPS of Rs.-8.78 for the 6 Months period ended September 30, 2022 as compared to Rs.3.59 for the 6 Months period ended September 30, 2021.

Financials	Half Year Ended FY2023	Half Year Ended FY2022	% Change
Total Income	₹291.2539 crs	₹267.1971 crs	9.00%
Net Profit	₹-43.5491 crs	₹17.8279 crs	-344.27%
EPS	₹-8.78	₹3.59	-344.57%

Shares of KRITI INDUSTRIES (INDIA) LTD. was last trading in BSE at Rs. 90.10 as compared to the previous close of Rs. 89.65. The total number of shares traded during the day was 11350 in over 345 trades.

The stock hit an intraday high of Rs. 91.00 and intraday low of 88.50. The net turnover during the day was Rs. 1023029.00.

Source : Equity Bulls

Keywords

KritiIndustriesIndia Q2FY23 H1FY23 ResultUpdate