National Fittings Ltd Q2FY23 net profit climbs to Rs. 1.26 crore

National Fittings 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. 24.9612 crores during the period ended September 30, 2022 as compared to Rs. 18.0436 crores during the period ended June 30, 2022.

The company has posted net profit / (loss) of Rs. 1.2643 crores for the period ended September 30, 2022 as against net profit / (loss) of Rs. 0.6764 crores for the period ended June 30, 2022.

The company has reported EPS of Rs. 1.39 for the period ended September 30, 2022 as compared to Rs. 0.74 for the period ended June 30, 2022.

Financials	Q2 FY2023	Q1 FY2023	% Change
Total Income	₹24.9612 crs	₹18.0436 crs	38.34%
Net Profit	₹1.2643 crs	₹0.6764 crs	86.92%
EPS	₹1.39	₹0.74	87.84%

Financial Results (Q2 FY2023) - YoY Comparison

The company has reported total income of Rs.24.9612 crores during the period ended September 30, 2022 as compared to Rs.19.3261 crores during the period ended September 30, 2021.

The company has posted net profit / (loss) of Rs.1.2643 crores for the period ended September 30, 2022 as against net profit / (loss) of Rs.0.7673 crores for the period ended September 30, 2021.

The company has reported EPS of Rs.1.39 for the period ended September 30, 2022 as compared to Rs.0.84 for the period ended September 30, 2021.

Financials	Q2 FY2023	Q2 FY2022	% Change
Total Income	₹24.9612 crs	₹19.3261 crs	29.16%
Net Profit	₹1.2643 crs	₹0.7673 crs	64.77%
EPS	₹1.39	₹0.84	65.48%

Financial Results (Half Year Ended FY2023) - YoY Comparison

The company has reported total income of Rs.43.0048 crores during the 6 Months period ended September 30, 2022 as compared to Rs.28.4114 crores during the 6 Months period ended September 30, 2021.

The company has posted net profit / (loss) of Rs.1.9407 crores for the 6 Months period ended September 30, 2022 as against net profit / (loss) of Rs.0.4577 crores for the 6 Months period ended September 30, 2021.

The company has reported EPS of Rs.2.14 for the 6 Months period ended September 30, 2022 as compared to Rs.0.50 for the 6 Months period ended September 30, 2021.

Financials	Half Year Ended FY2023	Half Year Ended FY2022	% Change
Total Income	₹43.0048 crs	₹28.4114 crs	51.36%
Net Profit	₹1.9407 crs	₹0.4577 crs	324.01%
EPS	₹2.14	₹0.50	328.00%

Shares of National Fittings Limited was last trading in BSE at Rs. 64.95 as compared to the previous close of Rs. 60.95. The total number of shares traded during the day was 12729 in over 117 trades.

The stock hit an intraday high of Rs. 70.50 and intraday low of 59.65. The net turnover during the day was Rs. 830314.00.

Source : Equity Bulls

Keywords

NationalFittings Q2FY23 H1FY23 ResultUpdate