Hardcastle and Waud Manufacturing Company Ltd Q2FY23 profit up QoQ at Rs. 40.51 lakhs

HARDCASTLE & WAUD MFG.CO.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. 1.1098 crores during the period ended September 30, 2022 as compared to Rs. 0.7007 crores during the period ended June 30, 2022.

The company has posted net profit / (loss) of Rs. 0.4051 crores for the period ended September 30, 2022 as against net profit / (loss) of Rs. 0.2305 crores for the period ended June 30, 2022.

The company has reported EPS of Rs. 5.96 for the period ended September 30, 2022 as compared to Rs. 3.39 for the period ended June 30, 2022.

Financials	Q2 FY2023	Q1 FY2023	% Change
Total Income	₹ 1.1098 crs	₹0.7007 crs	58.38%
Net Profit	₹0.4051 crs	₹0.2305 crs	75.75%
EPS	₹5.96	₹3.39	75.81%

Financial Results (Q2 FY2023) - YoY Comparison

The company has reported total income of Rs. 1.1098 crores during the period ended September 30, 2022 as compared to Rs.1.5670 crores during the period ended September 30, 2021.

The company has posted net profit / (loss) of Rs.0.4051 crores for the period ended September 30, 2022 as against net profit / (loss) of Rs.0.6941 crores for the period ended September 30, 2021.

The company has reported EPS of Rs.5.96 for the period ended September 30, 2022 as compared to Rs.10.21 for the period ended September 30, 2021.

Financials	Q2 FY2023	Q2 FY2022	% Change
Total Income	₹ 1.1098 crs	₹1.5670 crs	-29.18%
Net Profit	₹0.4051 crs	₹0.6941 crs	-41.64%
EPS	₹5.96	₹10.21	-41.63%

Financial Results (Half Year Ended FY2023) - YoY Comparison

The company has reported total income of Rs.1.8105 crores during the 6 Months period ended September 30, 2022 as compared to Rs.2.5293 crores during the 6 Months period ended September 30, 2021.

The company has posted net profit / (loss) of Rs.0.6356 crores for the 6 Months period ended September 30, 2022 as against net profit / (loss) of Rs.0.9930 crores for the 6 Months period ended September 30, 2021.

The company has reported EPS of Rs.9.35 for the 6 Months period ended September 30, 2022 as compared to Rs.14.61 for the 6 Months period ended September 30, 2021.

Financials	Half Year Ended FY2023	Half Year Ended FY2022	% Change
Total Income	₹1.8105 crs	₹2.5293 crs	-28.42%
Net Profit	₹0.6356 crs	₹0.9930 crs	-35.99%
EPS	₹9.35	₹14.61	-36.00%

Shares of HARDCASTLE & WAUD MFG.CO.LTD. was last trading in BSE at Rs. 303.95 as compared to the previous close of Rs. 286.25. The total number of shares traded during the day was 99 in over 12 trades.

The stock hit an intraday high of Rs. 305.95 and intraday low of 299.50. The net turnover during the day was Rs. 30070.00.

Source : Equity Bulls

Keywords

HardcastleandWadMfgCo Q2FY23 H1FY23 ResultUpdate