Salzer Electronics Ltd Q2FY23 consolidated PAT slips QoQ to Rs. 9.38 crores

Salzer Electronics 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. 245.1478 crores during the period ended September 30, 2022 as compared to Rs. 244.3606 crores during the period ended June 30, 2022.

The company has posted net profit / (loss) of Rs. 9.3852 crores for the period ended September 30, 2022 as against net profit / (loss) of Rs. 9.4229 crores for the period ended June 30, 2022.

The company has reported EPS of Rs. 5.87 for the period ended September 30, 2022 as compared to Rs. 6.03 for the period ended June 30, 2022.

Financials	Q2 FY2023	Q1 FY2023	% Change
Total Income	₹ 245.1478 crs	₹244.3606 crs	0.32%
Net Profit	₹9.3852 crs	₹9.4229 crs	-0.40%
EPS	₹5.87	₹6.03	-2.65%

Financial Results (Q2 FY2023) - YoY Comparison

The company has reported total income of Rs. 245.1478 crores during the period ended September 30, 2022 as compared to Rs.200.9069 crores during the period ended September 30, 2021.

The company has posted net profit / (loss) of Rs.9.3852 crores for the period ended September 30, 2022 as against net profit / (loss) of Rs.7.8857 crores for the period ended September 30, 2021.

The company has reported EPS of Rs.5.87 for the period ended September 30, 2022 as compared to Rs.4.93 for the period ended September 30, 2021.

Financials	Q2 FY2023	Q2 FY2022	% Change
Total Income	₹ 245.1478 crs	₹200.9069 crs	22.02%
Net Profit	₹9.3852 crs	₹7.8857 crs	19.02%
EPS	₹5.87	₹4.93	19.07%

Financial Results (Half Year Ended FY2023) - YoY Comparison

The company has reported total income of Rs.489.5084 crores during the 6 Months period ended September 30, 2022 as compared to Rs.353.7621 crores during the 6 Months period ended September 30, 2021.

The company has posted net profit / (loss) of Rs.18.8080 crores for the 6 Months period ended September 30, 2022 as against net profit / (loss) of Rs.10.9922 crores for the 6 Months period ended September 30, 2021.

The company has reported EPS of Rs.11.77 for the 6 Months period ended September 30, 2022 as compared to Rs.6.88 for the 6 Months period ended September 30, 2021.

Financials	Half Year Ended FY2023	Half Year Ended FY2022	% Change
Total Income	₹489.5084 crs	₹353.7621 crs	38.37%
Net Profit	₹18.8080 crs	₹10.9922 crs	71.10%
EPS	₹11.77	₹6.88	71.08%

Shares of Salzer Electronics Limited was last trading in BSE at Rs. 261.45 as compared to the previous close of Rs. 279.00. The total number of shares traded during the day was 45477 in over 2240 trades.

The stock hit an intraday high of Rs. 287.05 and intraday low of 257.00. The net turnover during the day was Rs. 12432276.00.

Source : Equity Bulls

Keywords

SalzerElectronics Q2FY23 H1FY23 ResultUpdate