Stock Report

Welspun Investments and Commercials Ltd Q2 FY2023 PAT jumps to Rs. 2.93 crores

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

Welspun Investments and Commercials 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. 4.0034 crores during the period ended September 30, 2022 as compared to Rs. 0.1270 crores during the period ended June 30, 2022.

The company has posted net profit / (loss) of Rs. 2.9389 crores for the period ended September 30, 2022 as against net profit / (loss) of Rs. 0.0414 crores for the period ended June 30, 2022.

The company has reported EPS of Rs. 8.05 for the period ended September 30, 2022 as compared to Rs. 0.11 for the period ended June 30, 2022.

Financials	Q2 FY2023	Q1 FY2023	% Change
Total Income	₹ 4.0034 crs	₹0.1270 crs	3,052.28%
Net Profit	₹2.9389 crs	₹0.0414 crs	6,998.79%
EPS	₹8.05	₹0.11	7,218.18%

Financial Results (Q2 FY2023) - YoY Comparison

The company has reported total income of Rs. 4.0034 crores during the period ended September 30, 2022 as compared to Rs.3.9547 crores during the period ended September 30, 2021.

The company has posted net profit / (loss) of Rs.2.9389 crores for the period ended September 30, 2022 as against net profit / (loss) of Rs.2.7971 crores for the period ended September 30, 2021.

The company has reported EPS of Rs.8.05 for the period ended September 30, 2022 as compared to Rs.7.65 for the period ended September 30, 2021.

Financials	Q2 FY2023	Q2 FY2022	% Change
Total Income	₹ 4.0034 crs	₹3.9547 crs	1.23%
Net Profit	₹2.9389 crs	₹2.7971 crs	5.07%
EPS	₹8.05	₹7.65	5.23%

Financial Results (Half Year Ended FY2023) - YoY Comparison

The company has reported total income of Rs.4.1304 crores during the 6 Months period ended September 30, 2022 as compared to Rs.4.0116 crores during the 6 Months period ended September 30, 2021.

The company has posted net profit / (loss) of Rs.2.9803 crores for the 6 Months period ended September 30, 2022 as against net profit / (loss) of Rs.2.7780 crores for the 6 Months period ended September 30, 2021.

The company has reported EPS of Rs.8.16 for the 6 Months period ended September 30, 2022 as compared to Rs.7.60 for the 6 Months period ended September 30, 2021.

Financials	Half Year Ended FY2023	Half Year Ended FY2022	% Change
Total Income	₹4.1304 crs	₹4.0116 crs	2.96%
Net Profit	₹2.9803 crs	₹2.7780 crs	7.28%
EPS	₹8.16	₹7.60	7.37%

Shares of Welspun Investments and Commercials Limited was last trading in BSE at Rs. 275.00 as compared to the previous close of Rs. 277.30. The total number of shares traded during the day was 72 in over 7 trades.

The stock hit an intraday high of Rs. 290.40 and intraday low of 275.00. The net turnover during the day was Rs. 20734.00.