Subhash Silk Mills Ltd Q2 FY2022-23 profit up at Rs. 27.80 lakhs

SUBHASH SILK MILLS 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. 0.7634 crores during the period ended September 30, 2022 as compared to Rs. 0.6218 crores during the period ended June 30, 2022.

The company has posted net profit / (loss) of Rs. 0.2780 crores for the period ended September 30, 2022 as against net profit / (loss) of Rs. 0.0262 crores for the period ended June 30, 2022.

The company has reported EPS of Rs. 0.66 for the period ended September 30, 2022 as compared to Rs. 0.06 for the period ended June 30, 2022.

Financials	Q2 FY2023	Q1 FY2023	% Change
Total Income	₹ 0.7634 crs	₹0.6218 crs	22.77%
Net Profit	₹0.2780 crs	₹0.0262 crs	961.07%
EPS	₹0.66	₹0.06	1,000.00%

Financial Results (Q2 FY2023) - YoY Comparison

The company has reported total income of Rs. 0.7634 crores during the period ended September 30, 2022 as compared to Rs.0.7673 crores during the period ended September 30, 2021.

The company has posted net profit / (loss) of Rs.0.2780 crores for the period ended September 30, 2022 as against net profit / (loss) of Rs.0.1979 crores for the period ended September 30, 2021.

The company has reported EPS of Rs.0.66 for the period ended September 30, 2022 as compared to Rs.0.47 for the period ended September 30, 2021.

Financials	Q2 FY2023	Q2 FY2022	% Change
Total Income	₹ 0.7634 crs	₹0.7673 crs	-0.51%
Net Profit	₹0.2780 crs	₹0.1979 crs	40.47%
EPS	₹0.66	₹0.47	40.43%

Financial Results (Half Year Ended FY2023) - YoY Comparison

The company has reported total income of Rs.1.3852 crores during the 6 Months period ended September 30, 2022 as compared to Rs.1.3901 crores during the 6 Months period ended September 30, 2021.

The company has posted net profit / (loss) of Rs.0.3042 crores for the 6 Months period ended September 30, 2022 as against net profit / (loss) of Rs.0.2222 crores for the 6 Months period ended September 30, 2021.

The company has reported EPS of Rs.0.72 for the 6 Months period ended September 30, 2022 as compared to Rs.0.52 for the 6 Months period ended September 30, 2021.

Financials	Half Year Ended FY2023	Half Year Ended FY2022	% Change
Total Income	₹1.3852 crs	₹1.3901 crs	-0.35%
Net Profit	₹0.3042 crs	₹0.2222 crs	36.90%
EPS	₹0.72	₹0.52	38.46%

Shares of SUBHASH SILK MILLS LTD. was last trading in BSE at Rs. 26.10 as compared to the previous close of Rs. 27.45. The total number of shares traded during the day was 54 in over 3 trades.

The stock hit an intraday high of Rs. 26.10 and intraday low of 26.10. The net turnover during the day was Rs. 1409.00.

Source : Equity Bulls

Keywords

SubhashSilkMills Q2FY23 H1FY23 ResultUpdate