Stock Report

Hercules Hoists Ltd posts net profit of Rs. 7.19 crores in Q2FY23

Posted On : 2022-11-11 23:33:58( TIMEZONE : IST )

Hercules Hoists 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. 42.7602 crores during the period ended September 30, 2022 as compared to Rs. 32.3624 crores during the period ended June 30, 2022.

The company has posted net profit / (loss) of Rs. 7.1956 crores for the period ended September 30, 2022 as against net profit / (loss) of Rs. 2.3024 crores for the period ended June 30, 2022.

The company has reported EPS of Rs. 2.25 for the period ended September 30, 2022 as compared to Rs. 0.72 for the period ended June 30, 2022.

Financials	Q2 FY2023	Q1 FY2023	% Change
Total Income	₹ 42.7602 crs	₹32.3624 crs	32.13%
Net Profit	₹7.1956 crs	₹2.3024 crs	212.53%
EPS	₹2.25	₹0.72	212.50%

Financial Results (Q2 FY2023) - YoY Comparison

The company has reported total income of Rs. 42.7602 crores during the period ended September 30, 2022 as compared to Rs.33.6602 crores during the period ended September 30, 2021.

The company has posted net profit / (loss) of Rs.7.1956 crores for the period ended September 30, 2022 as against net profit / (loss) of Rs.7.4189 crores for the period ended September 30, 2021.

The company has reported EPS of Rs.2.25 for the period ended September 30, 2022 as compared to Rs.2.32 for the period ended September 30, 2021.

Financials	Q2 FY2023	Q2 FY2022	% Change
Total Income	₹ 42.7602 crs	₹33.6602 crs	27.03%
Net Profit	₹7.1956 crs	₹7.4189 crs	-3.01%
EPS	₹2.25	₹2.32	-3.02%

Financial Results (Half Year Ended FY2023) - YoY Comparison

The company has reported total income of Rs.75.1225 crores during the 6 Months period ended September 30, 2022 as compared to Rs.58.7646 crores during the 6 Months period ended September 30, 2021.

The company has posted net profit / (loss) of Rs.9.4981 crores for the 6 Months period ended September 30, 2022 as against net profit / (loss) of Rs.8.8038 crores for the 6 Months period ended September 30, 2021.

The company has reported EPS of Rs.2.97 for the 6 Months period ended September 30, 2022 as compared to Rs.2.75 for the 6 Months period ended September 30, 2021.

Financials	Half Year Ended FY2023	Half Year Ended FY2022	% Change
Total Income	₹75.1225 crs	₹58.7646 crs	27.84%
Net Profit	₹9.4981 crs	₹8.8038 crs	7.89%
EPS	₹2.97	₹2.75	8.00%

Shares of Hercules Hoists Limited was last trading in BSE at Rs. 185.20 as compared to the previous close of Rs. 185.20. The total number of shares traded during the day was 3421 in over 177 trades.

The stock hit an intraday high of Rs. 190.65 and intraday low of 183.45. The net turnover during the day was Rs. 640048.00.