Stock Report

Orient Abrasives Ltd reports consolidated PAT of Rs. 2 crores in Q2FY23



Posted On : 2022-11-10 21:00:59( TIMEZONE : IST )

Orient Abrasives Ltd reports consolidated PAT of Rs. 2 crores in Q2FY23

Orient Abrasives Limited 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. 69.3943 crores during the period ended September 30, 2022 as compared to Rs. 92.8068 crores during the period ended June 30, 2022.

The company has posted net profit / (loss) of Rs. 2.0050 crores for the period ended September 30, 2022 as against net profit / (loss) of Rs. 3.8259 crores for the period ended June 30, 2022.

The company has reported EPS of Rs. 0.17 for the period ended September 30, 2022 as compared to Rs. 0.32 for the period ended June 30, 2022.

Financials Q2 FY2023 Q1 FY2023 % Change
Total Income ₹ 69.3943 crs ₹92.8068 crs Up Tick / Down Tick-25.23%
Net Profit ₹2.0050 crs ₹3.8259 crs Up Tick / Down Tick-47.59%
EPS ₹0.17 ₹0.32 Up Tick / Down Tick-46.88%

Financial Results (Q2 FY2023) - YoY Comparison

The company has reported total income of Rs. 69.3943 crores during the period ended September 30, 2022 as compared to Rs.72.4757 crores during the period ended September 30, 2021.

The company has posted net profit / (loss) of Rs.2.0050 crores for the period ended September 30, 2022 as against net profit / (loss) of Rs.1.4246 crores for the period ended September 30, 2021.

The company has reported EPS of Rs.0.17 for the period ended September 30, 2022 as compared to Rs.0.12 for the period ended September 30, 2021.

Financials Q2 FY2023 Q2 FY2022 % Change
Total Income ₹ 69.3943 crs ₹72.4757 crs Up Tick / Down Tick-4.25%
Net Profit ₹2.0050 crs ₹1.4246 crs Up Tick / Down Tick40.74%
EPS ₹0.17 ₹0.12 Up Tick / Down Tick41.67%

Financial Results (Half Year Ended FY2023) - YoY Comparison

The company has reported total income of Rs.162.2012 crores during the 6 Months period ended September 30, 2022 as compared to Rs.146.5320 crores during the 6 Months period ended September 30, 2021.

The company has posted net profit / (loss) of Rs.5.8310 crores for the 6 Months period ended September 30, 2022 as against net profit / (loss) of Rs.3.6560 crores for the 6 Months period ended September 30, 2021.

The company has reported EPS of Rs.0.49 for the 6 Months period ended September 30, 2022 as compared to Rs.0.31 for the 6 Months period ended September 30, 2021.

Financials Half Year Ended FY2023 Half Year Ended FY2022 % Change
Total Income ₹162.2012 crs ₹146.5320 crs Up Tick / Down Tick10.69%
Net Profit ₹5.8310 crs ₹3.6560 crs Up Tick / Down Tick59.49%
EPS ₹0.49 ₹0.31 Up Tick / Down Tick58.06%

Shares of Orient Abrasives Limited was last trading in BSE at Rs. 30.25 as compared to the previous close of Rs. 30.15. The total number of shares traded during the day was 38858 in over 348 trades.

The stock hit an intraday high of Rs. 30.50 and intraday low of 28.90. The net turnover during the day was Rs. 1151799.00.

Source : Equity Bulls

Keywords

OrientAbrasives Q2FY23 H1FY23 ResultUpdate