La Tim Metal and Industries Ltd posts Rs. 7.64 crores loss in Q2FY23

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. 65.5241 crores during the period ended September 30, 2022 as compared to Rs. 84.9584 crores during the period ended June 30, 2022.

The company has posted net profit / (loss) of Rs. -7.6441 crores for the period ended September 30, 2022 as against net profit / (loss) of Rs. -1.6021 crores for the period ended June 30, 2022.

The company has reported EPS of Rs. -0.87 for the period ended September 30, 2022 as compared to Rs. -0.18 for the period ended June 30, 2022.

Financials	Q2 FY2023	Q1 FY2023	% Change
Total Income	₹ 65.5241 crs	₹84.9584 crs	-22.88%
Net Profit	₹-7.6441 crs	₹-1.6021 crs	377.13%
EPS	₹-0.87	₹-0.18	383.33%

Financial Results (Q2 FY2023) - YoY Comparison

The company has reported total income of Rs. 65.5241 crores during the period ended September 30, 2022 as compared to Rs.144.6031 crores during the period ended September 30, 2021.

The company has posted net profit / (loss) of Rs.-7.6441 crores for the period ended September 30, 2022 as against net profit / (loss) of Rs.3.6781 crores for the period ended September 30, 2021.

The company has reported EPS of Rs.-0.87 for the period ended September 30, 2022 as compared to Rs.0.42 for the period ended September 30, 2021.

Financials	Q2 FY2023	Q2 FY2022	% Change
Total Income	₹ 65.5241 crs	₹144.6031 crs	-54.69%
Net Profit	₹-7.6441 crs	₹3.6781 crs	-307.83%
EPS	₹-0.87	₹0.42	-307.14%

Financial Results (Half Year Ended FY2023) - YoY Comparison

The company has reported total income of Rs.150.4825 crores during the 6 Months period ended September 30, 2022 as compared to Rs.244.5670 crores during the 6 Months period ended September 30, 2021.

The company has posted net profit / (loss) of Rs.-9.2464 crores for the 6 Months period ended September 30, 2022 as against net profit / (loss) of Rs.12.2039 crores for the 6 Months period ended September 30, 2021.

The company has reported EPS of Rs.-1.05 for the 6 Months period ended September 30, 2022 as compared to Rs.1.38 for the 6 Months period ended September 30, 2021.

Financials	Half Year Ended FY2023	Half Year Ended FY2022	% Change
Total Income	₹150.4825 crs	₹244.5670 crs	-38.47%
Net Profit	₹-9.2464 crs	₹12.2039 crs	-175.77%
EPS	₹-1.05	₹1.38	-176.09%

Source : Equity Bulls

Keywords

LaTimMetalandIndustries Q2FY23 H1FY23 ResultUpdate