Accedere Ltd Q2FY23 consolidated loss at Rs. 16.61 lakhs

E.COM INFOTECH (I) LTD. 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. 0.1444 crores during the period ended September 30, 2022 as compared to Rs. 0.1016 crores during the period ended June 30, 2022.

The company has posted net profit / (loss) of Rs. -0.1661 crores for the period ended September 30, 2022 as against net profit / (loss) of Rs. -0.2402 crores for the period ended June 30, 2022.

The company has reported EPS of Rs. -0.33 for the period ended September 30, 2022 as compared to Rs. -0.48 for the period ended June 30, 2022.

Financials	Q2 FY2023	Q1 FY2023	% Change
Total Income	₹ 0.1444 crs	₹0.1016 crs	42.13%
Net Profit	₹-0.1661 crs	₹-0.2402 crs	30.85%
EPS	₹-0.33	₹-0.48	31.25%

Financial Results (Q2 FY2023) - YoY Comparison

The company has reported total income of Rs. 0.1444 crores during the period ended September 30, 2022 as compared to Rs.0.1288 crores during the period ended September 30, 2021.

The company has posted net profit / (loss) of Rs.-0.1661 crores for the period ended September 30, 2022 as against net profit / (loss) of Rs.-0.0472 crores for the period ended September 30, 2021.

The company has reported EPS of Rs.-0.33 for the period ended September 30, 2022 as compared to Rs.-0.09 for the period ended September 30, 2021.

Financials	Q2 FY2023	Q2 FY2022	% Change
Total Income	₹ 0.1444 crs	₹0.1288 crs	12.11%
Net Profit	₹-0.1661 crs	₹-0.0472 crs	251.91%
EPS	₹-0.33	₹-0.09	266.67%

Financial Results (Half Year Ended FY2023) - YoY Comparison

The company has reported total income of Rs.0.2460 crores during the 6 Months period ended September 30, 2022 as compared to Rs.0.2659 crores during the 6 Months period ended September 30, 2021.

The company has posted net profit / (loss) of Rs.-0.4063 crores for the 6 Months period ended September 30, 2022 as against net profit / (loss) of Rs.-0.0546 crores for the 6 Months period ended September 30, 2021.

The company has reported EPS of Rs.-0.81 for the 6 Months period ended September 30, 2022 as compared to Rs.-0.11 for the 6 Months period ended September 30, 2021.

Financials	Half Year Ended FY2023	Half Year Ended FY2022	% Change
Total Income	₹0.2460 crs	₹0.2659 crs	-7.48%
Net Profit	₹-0.4063 crs	₹-0.0546 crs	644.14%
EPS	₹-0.81	₹-0.11	636.36%

Shares of E.COM INFOTECH (I) LTD. was last trading in BSE at Rs. 71.75 as compared to the previous close of Rs. 68.35. The total number of shares traded during the day was 2982 in over 53 trades.

The stock hit an intraday high of Rs. 71.75 and intraday low of 67.95. The net turnover during the day was Rs. 212258.00.

Source : Equity Bulls

Keywords

Accedere Q2FY23 H1FY23 ResultUpdate