RattanIndia Enterprises Ltd posts Rs. 103.50 crores consolidated profit in Q2 FY23

RattanIndia Enterprises 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. 1281.2630 crores during the period ended September 30, 2022 as compared to Rs. 692.2443 crores during the period ended June 30, 2022.

The company has posted net profit / (loss) of Rs. 103.5010 crores for the period ended September 30, 2022 as against net profit / (loss) of Rs. -216.0391 crores for the period ended June 30, 2022.

The company has reported EPS of Rs. 0.74 for the period ended September 30, 2022 as compared to Rs. -1.57 for the period ended June 30, 2022.

Financials	Q2 FY2023	Q1 FY2023	% Change
Total Income	₹ 1281.2630 crs	₹692.2443 crs	85.09%
Net Profit	₹103.5010 crs	₹-216.0391 crs	147.91%
EPS	₹0.74	₹-1.57	147.13%

Financial Results (Q2 FY2023) - YoY Comparison

The company has reported total income of Rs. 1281.2630 crores during the period ended September 30, 2022 as compared to Rs.0.5627 crores during the period ended September 30, 2021.

The company has posted net profit / (loss) of Rs.103.5010 crores for the period ended September 30, 2022 as against net profit / (loss) of Rs.-4.4776 crores for the period ended September 30, 2021.

The company has reported EPS of Rs.0.74 for the period ended September 30, 2022 as compared to Rs.-0.032 for the period ended September 30, 2021.

Financials	Q2 FY2023	Q2 FY2022	% Change
Total Income	₹ 1281.2630 crs	₹0.5627 crs	227,599.13%
Net Profit	₹103.5010 crs	₹-4.4776 crs	2,411.53%
EPS	₹0.74	₹-0.032	2,412.50%

Financial Results (Half Year Ended FY2023) - YoY Comparison

The company has reported total income of Rs.1872.4312 crores during the 6 Months period ended September 30, 2022 as compared to Rs.1.7897 crores during the 6 Months period ended September 30, 2021.

The company has posted net profit / (loss) of Rs.-112.5381 crores for the 6 Months period ended September 30, 2022 as against net profit / (loss) of Rs.-5.3042 crores for the 6 Months period ended September 30, 2021.

The company has reported EPS of Rs.-0.82 for the 6 Months period ended September 30, 2022 as compared to Rs.-0.038 for the 6 Months period ended September 30, 2021.

Financials	Half Year Ended FY2023	Half Year Ended FY2022	% Change
Total Income	₹1872.4312 crs	₹1.7897 crs	104,522.63%
Net Profit	₹-112.5381 crs	₹-5.3042 crs	2,021.68%
EPS	₹-0.82	₹-0.038	2,057.89%

Shares of RattanIndia Enterprises Limited was last trading in BSE at Rs. 49.65 as compared to the previous close of Rs. 52.50. The total number of shares traded during the day was 1155266 in over 5956 trades.

The stock hit an intraday high of Rs. 55.95 and intraday low of 48.80. The net turnover during the day was Rs. 61057023.00.

Source : Equity Bulls

Keywords

RattanIndiaEnterprises Q2FY23 H1FY23 ResultUpdate