Stock Report

North Eastern Carrying Corporation Ltd Q2 FY23 PAT higher at Rs. 1.55 crore

Posted On : 2022-11-17 20:59:19( TIMEZONE : IST )

North Eastern Carrying Corporation 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. 78.3940 crores during the period ended September 30, 2022 as compared to Rs. 82.0957 crores during the period ended June 30, 2022.

The company has posted net profit / (loss) of Rs. 1.5534 crores for the period ended September 30, 2022 as against net profit / (loss) of Rs. 0.9602 crores for the period ended June 30, 2022.

The company has reported EPS of Rs. 0.31 for the period ended September 30, 2022 as compared to Rs. 0.19 for the period ended June 30, 2022.

Financials	Q2 FY2023	Q1 FY2023	% Change
Total Income	₹ 78.3940 crs	₹82.0957 crs	-4.51%
Net Profit	₹1.5534 crs	₹0.9602 crs	61.78%
EPS	₹0.31	₹0.19	63.16%

Financial Results (Q2 FY2023) - YoY Comparison

The company has reported total income of Rs. 78.3940 crores during the period ended September 30, 2022 as compared to Rs.54.8128 crores during the period ended September 30, 2021.

The company has posted net profit / (loss) of Rs.1.5534 crores for the period ended September 30, 2022 as against net profit / (loss) of Rs.1.1427 crores for the period ended September 30, 2021.

The company has reported EPS of Rs.0.31 for the period ended September 30, 2022 as compared to Rs.0.23 for the period ended September 30, 2021.

Financials	Q2 FY2023	Q2 FY2022	% Change
Total Income	₹ 78.3940 crs	₹54.8128 crs	43.02%
Net Profit	₹1.5534 crs	₹1.1427 crs	35.94%
EPS	₹0.31	₹0.23	34.78%

Financial Results (Half Year Ended FY2023) - YoY Comparison

The company has reported total income of Rs.160.4897 crores during the 6 Months period ended September 30, 2022 as compared to Rs.125.3063 crores during the 6 Months period ended September 30, 2021.

The company has posted net profit / (loss) of Rs.2.5136 crores for the 6 Months period ended September 30, 2022 as against net profit / (loss) of Rs.1.8617 crores for the 6 Months period ended September 30, 2021.

The company has reported EPS of Rs.0.50 for the 6 Months period ended September 30, 2022 as compared to Rs.0.37 for the 6 Months period ended September 30, 2021.

Financials	Half Year Ended FY2023	Half Year Ended FY2022	% Change
Total Income	₹160.4897 crs	₹125.3063 crs	28.08%
Net Profit	₹2.5136 crs	₹1.8617 crs	35.02%
EPS	₹0.50	₹0.37	35.14%

Shares of North Eastern Carrying Corporation Limited was last trading in BSE at Rs. 24.45 as compared to the previous close of Rs. 25.60. The total number of shares traded during the day was 19501 in over 135 trades.

The stock hit an intraday high of Rs. 26.20 and intraday low of 23.70. The net turnover during the day was Rs. 481341.00.