Ace Men Engg Works Ltd Q2FY23 profit at Rs. 18.37 lakhs

Ace Men Engg Works Ltd 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. 1.2137 crores during the period ended September 30, 2022 as compared to Rs. 1.1399 crores during the period ended June 30, 2022.

The company has posted net profit / (loss) of Rs. 0.1837 crores for the period ended September 30, 2022 as against net profit / (loss) of Rs. 0.2653 crores for the period ended June 30, 2022.

The company has reported EPS of Rs. 0.59 for the period ended September 30, 2022 as compared to Rs. 0.86 for the period ended June 30, 2022.

Financials	Q2 FY2023	Q1 FY2023	% Change
Total Income	₹ 1.2137 crs	₹1.1399 crs	6.47%
Net Profit	₹0.1837 crs	₹0.2653 crs	-30.76%
EPS	₹0.59	₹0.86	-31.40%

Financial Results (Q2 FY2023) - YoY Comparison

The company has reported total income of Rs. 1.2137 crores during the period ended September 30, 2022 as compared to Rs.0.0120 crores during the period ended September 30, 2021.

The company has posted net profit / (loss) of Rs.0.1837 crores for the period ended September 30, 2022 as against net profit / (loss) of Rs.0.0022 crores for the period ended September 30, 2021.

The company has reported EPS of Rs.0.59 for the period ended September 30, 2022 as compared to Rs.0.007 for the period ended September 30, 2021.

Financials	Q2 FY2023	Q2 FY2022	% Change
Total Income	₹ 1.2137 crs	₹0.0120 crs	10,014.17%
Net Profit	₹0.1837 crs	₹0.0022 crs	8,250.00%
EPS	₹0.59	₹0.007	8,328.57%

Financial Results (Half Year Ended FY2023) - YoY Comparison

The company has reported total income of Rs.2.3536 crores during the 6 Months period ended September 30, 2022 as compared to Rs.0.0287 crores during the 6 Months period ended September 30, 2021.

The company has posted net profit / (loss) of Rs.0.4490 crores for the 6 Months period ended September 30, 2022 as against net profit / (loss) of Rs.0.0069 crores for the 6 Months period ended September 30, 2021.

The company has reported EPS of Rs.1.45 for the 6 Months period ended September 30, 2022 as compared to Rs.0.02 for the 6 Months period ended September 30, 2021.

Financials	Half Year Ended FY2023	Half Year Ended FY2022	% Change
Total Income	₹2.3536 crs	₹0.0287 crs	8,100.70%
Net Profit	₹0.4490 crs	₹0.0069 crs	6,407.25%
EPS	₹1.45	₹0.02	7,150.00%

Shares of Ace Men Engg Works Ltd was last trading in BSE at Rs. 36.15 as compared to the previous close of Rs. 36.10. The total number of shares traded during the day was 5766 in over 47 trades.

The stock hit an intraday high of Rs. 37.25 and intraday low of 34.50. The net turnover during the day was Rs. 203705.00.

Source : Equity Bulls

Keywords

AceMenEnggWorks Q2FY23 H1FY23 ResultUpdate