ADC India Communications Ltd Q2 FY2023 profit up at Rs. 2.85 crores

ADC India Communications Limited 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. 36.8988 crores during the period ended September 30, 2022 as compared to Rs. 33.2152 crores during the period ended June 30, 2022.

The company has posted net profit / (loss) of Rs. 2.8598 crores for the period ended September 30, 2022 as against net profit / (loss) of Rs. 2.3357 crores for the period ended June 30, 2022.

The company has reported EPS of Rs. 6.22 for the period ended September 30, 2022 as compared to Rs. 5.08 for the period ended June 30, 2022.

Financials	Q2 FY2023	Q1 FY2023	% Change
Total Income	₹ 36.8988 crs	₹33.2152 crs	11.09%
Net Profit	₹2.8598 crs	₹2.3357 crs	22.44%
EPS	₹6.22	₹5.08	22.44%

Financial Results (Q2 FY2023) - YoY Comparison

The company has reported total income of Rs. 36.8988 crores during the period ended September 30, 2022 as compared to Rs.33.4316 crores during the period ended September 30, 2021.

The company has posted net profit / (loss) of Rs.2.8598 crores for the period ended September 30, 2022 as against net profit / (loss) of Rs.1.7928 crores for the period ended September 30, 2021.

The company has reported EPS of Rs.6.22 for the period ended September 30, 2022 as compared to Rs.3.90 for the period ended September 30, 2021.

Financials	Q2 FY2023	Q2 FY2022	% Change
Total Income	₹ 36.8988 crs	₹33.4316 crs	10.37%
Net Profit	₹2.8598 crs	₹1.7928 crs	59.52%
EPS	₹6.22	₹3.90	59.49%

Financial Results (Half Year Ended FY2023) - YoY Comparison

The company has reported total income of Rs.70.1140 crores during the 6 Months period ended September 30, 2022 as compared to Rs.60.7369 crores during the 6 Months period ended September 30, 2021.

The company has posted net profit / (loss) of Rs.5.1955 crores for the 6 Months period ended September 30, 2022 as against net profit / (loss) of Rs.3.7687 crores for the 6 Months period ended September 30, 2021.

The company has reported EPS of Rs.11.29 for the 6 Months period ended September 30, 2022 as compared to Rs.8.19 for the 6 Months period ended September 30, 2021.

Financials	Half Year Ended FY2023	Half Year Ended FY2022	% Change
Total Income	₹70.1140 crs	₹60.7369 crs	15.44%
Net Profit	₹5.1955 crs	₹3.7687 crs	37.86%
EPS	₹11.29	₹8.19	37.85%

Shares of ADC India Communications Limited was last trading in BSE at Rs. 429.75 as compared to the previous close of Rs. 419.10. The total number of shares traded during the day was 3805 in over 152 trades.

The stock hit an intraday high of Rs. 444.00 and intraday low of 401.00. The net turnover during the day was Rs. 1639660.00.

Source : Equity Bulls

Keywords

ADCIndiaCommunications Q2FY23 H1FY23 ResultUpdate