Stock Report

HOV Services Ltd posts consolidated Q2FY23 profit of Rs. 1.60 crore



Posted On : 2022-11-11 10:40:39( TIMEZONE : IST )

HOV Services Ltd posts consolidated Q2FY23 profit of Rs. 1.60 crore

HOV Services 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. 4.3725 crores during the period ended September 30, 2022 as compared to Rs. 4.4718 crores during the period ended June 30, 2022.

The company has posted net profit / (loss) of Rs. 1.6081 crores for the period ended September 30, 2022 as against net profit / (loss) of Rs. 1.6353 crores for the period ended June 30, 2022.

The company has reported EPS of Rs. 1.28 for the period ended September 30, 2022 as compared to Rs. 1.30 for the period ended June 30, 2022.

Financials Q2 FY2023 Q1 FY2023 % Change
Total Income ₹ 4.3725 crs ₹4.4718 crs Up Tick / Down Tick-2.22%
Net Profit ₹1.6081 crs ₹1.6353 crs Up Tick / Down Tick-1.66%
EPS ₹1.28 ₹1.30 Up Tick / Down Tick-1.54%

Financial Results (Q2 FY2023) - YoY Comparison

The company has reported total income of Rs. 4.3725 crores during the period ended September 30, 2022 as compared to Rs.2.7427 crores during the period ended September 30, 2021.

The company has posted net profit / (loss) of Rs.1.6081 crores for the period ended September 30, 2022 as against net profit / (loss) of Rs.0.4807 crores for the period ended September 30, 2021.

The company has reported EPS of Rs.1.28 for the period ended September 30, 2022 as compared to Rs.0.38 for the period ended September 30, 2021.

Financials Q2 FY2023 Q2 FY2022 % Change
Total Income ₹ 4.3725 crs ₹2.7427 crs Up Tick / Down Tick59.42%
Net Profit ₹1.6081 crs ₹0.4807 crs Up Tick / Down Tick234.53%
EPS ₹1.28 ₹0.38 Up Tick / Down Tick236.84%

Financial Results (Half Year Ended FY2023) - YoY Comparison

The company has reported total income of Rs.8.8443 crores during the 6 Months period ended September 30, 2022 as compared to Rs.5.5194 crores during the 6 Months period ended September 30, 2021.

The company has posted net profit / (loss) of Rs.3.2434 crores for the 6 Months period ended September 30, 2022 as against net profit / (loss) of Rs.1.0006 crores for the 6 Months period ended September 30, 2021.

The company has reported EPS of Rs.2.58 for the 6 Months period ended September 30, 2022 as compared to Rs.0.79 for the 6 Months period ended September 30, 2021.

Financials Half Year Ended FY2023 Half Year Ended FY2022 % Change
Total Income ₹8.8443 crs ₹5.5194 crs Up Tick / Down Tick60.24%
Net Profit ₹3.2434 crs ₹1.0006 crs Up Tick / Down Tick224.15%
EPS ₹2.58 ₹0.79 Up Tick / Down Tick226.58%

Shares of HOV Services Limited was last trading in BSE at Rs. 53.30 as compared to the previous close of Rs. 54.85. The total number of shares traded during the day was 2684 in over 55 trades.

The stock hit an intraday high of Rs. 54.60 and intraday low of 53.30. The net turnover during the day was Rs. 144099.00.

Source : Equity Bulls

Keywords

HOVServices Q2FY23 H1FY23 ResultUpdate