Omax Autos Ltd Q2FY23 loss at Rs. 23.74 crores

Omax Autos 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. 62.3185 crores during the period ended September 30, 2022 as compared to Rs. 73.3503 crores during the period ended June 30, 2022.

The company has posted net profit / (loss) of Rs. -23.7484 crores for the period ended September 30, 2022 as against net profit / (loss) of Rs. -4.9565 crores for the period ended June 30, 2022.

The company has reported EPS of Rs. -11.10 for the period ended September 30, 2022 as compared to Rs. -2.32 for the period ended June 30, 2022.

Financials	Q2 FY2023	Q1 FY2023	% Change
Total Income	₹ 62.3185 crs	₹73.3503 crs	-15.04%
Net Profit	₹-23.7484 crs	₹-4.9565 crs	379.14%
EPS	₹-11.10	₹-2.32	378.45%

Financial Results (Q2 FY2023) - YoY Comparison

The company has reported total income of Rs. 62.3185 crores during the period ended September 30, 2022 as compared to Rs.50.5713 crores during the period ended September 30, 2021.

The company has posted net profit / (loss) of Rs.-23.7484 crores for the period ended September 30, 2022 as against net profit / (loss) of Rs.-3.3797 crores for the period ended September 30, 2021.

The company has reported EPS of Rs.-11.10 for the period ended September 30, 2022 as compared to Rs.-1.58 for the period ended September 30, 2021.

Financials	Q2 FY2023	Q2 FY2022	% Change
Total Income	₹ 62.3185 crs	₹50.5713 crs	23.23%
Net Profit	₹-23.7484 crs	₹-3.3797 crs	602.68%
EPS	₹-11.10	₹-1.58	602.53%

Financial Results (Half Year Ended FY2023) - YoY Comparison

The company has reported total income of Rs.135.6688 crores during the 6 Months period ended September 30, 2022 as compared to Rs.95.2701 crores during the 6 Months period ended September 30, 2021.

The company has posted net profit / (loss) of Rs.-28.7049 crores for the 6 Months period ended September 30, 2022 as against net profit / (loss) of Rs.-9.5331 crores for the 6 Months period ended September 30, 2021.

The company has reported EPS of Rs.-13.42 for the 6 Months period ended September 30, 2022 as compared to Rs.-4.46 for the 6 Months period ended September 30, 2021.

Financials	Half Year Ended FY2023	Half Year Ended FY2022	% Change
Total Income	₹135.6688 crs	₹95.2701 crs	42.40%
Net Profit	₹-28.7049 crs	₹-9.5331 crs	201.11%
EPS	₹-13.42	₹-4.46	200.90%

Shares of Omax Autos Limited was last trading in BSE at Rs. 63.70 as compared to the previous close of Rs. 70.50. The total number of shares traded during the day was 39784 in over 717 trades.

The stock hit an intraday high of Rs. 68.00 and intraday low of 63.00. The net turnover during the day was Rs. 2557056.00.

Source : Equity Bulls

Keywords

OmaxAutos Q2FY23 H1FY23 ResultUpdate