Karma Energy Ltd Q2FY23 profit soars to Rs. 2.17 crore

Karma Energy 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. 6.0691 crores during the period ended September 30, 2022 as compared to Rs. 4.2299 crores during the period ended June 30, 2022.

The company has posted net profit / (loss) of Rs. 2.1747 crores for the period ended September 30, 2022 as against net profit / (loss) of Rs. 0.8592 crores for the period ended June 30, 2022.

The company has reported EPS of Rs. 1.88 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	₹ 6.0691 crs	₹4.2299 crs	43.48%
Net Profit	₹2.1747 crs	₹0.8592 crs	153.11%
EPS	₹1.88	₹0.74	154.05%

Financial Results (Q2 FY2023) - YoY Comparison

The company has reported total income of Rs. 6.0691 crores during the period ended September 30, 2022 as compared to Rs.11.3589 crores during the period ended September 30, 2021.

The company has posted net profit / (loss) of Rs.2.1747 crores for the period ended September 30, 2022 as against net profit / (loss) of Rs.0.4366 crores for the period ended September 30, 2021.

The company has reported EPS of Rs.1.88 for the period ended September 30, 2022 as compared to Rs.0.38 for the period ended September 30, 2021.

Financials	Q2 FY2023	Q2 FY2022	% Change
Total Income	₹ 6.0691 crs	₹11.3589 crs	-46.57%
Net Profit	₹2.1747 crs	₹0.4366 crs	398.10%
EPS	₹1.88	₹0.38	394.74%

Financial Results (Half Year Ended FY2023) - YoY Comparison

The company has reported total income of Rs.10.2990 crores during the 6 Months period ended September 30, 2022 as compared to Rs.18.0637 crores during the 6 Months period ended September 30, 2021.

The company has posted net profit / (loss) of Rs.3.0339 crores for the 6 Months period ended September 30, 2022 as against net profit / (loss) of Rs.-0.9366 crores for the 6 Months period ended September 30, 2021.

The company has reported EPS of Rs.2.62 for the 6 Months period ended September 30, 2022 as compared to Rs.-0.81 for the 6 Months period ended September 30, 2021.

Financials	Half Year Ended FY2023	Half Year Ended FY2022	% Change
Total Income	₹10.2990 crs	₹18.0637 crs	-42.99%
Net Profit	₹3.0339 crs	₹-0.9366 crs	423.93%
EPS	₹2.62	₹-0.81	423.46%

Shares of Karma Energy Limited was last trading in BSE at Rs. 30.70 as compared to the previous close of Rs. 29.25. The total number of shares traded during the day was 6153 in over 38 trades.

The stock hit an intraday high of Rs. 30.70 and intraday low of 30.70. The net turnover during the day was Rs. 188897.00.

Source : Equity Bulls

Keywords

KarmaEnergy Q2FY23 H1FY23 ResultUpdate