Indowind Energy Ltd consolidated Q2FY23 PAT up at Rs. 3.91 crore

Indowind Energy Limited 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. 14.6994 crores during the period ended September 30, 2022 as compared to Rs. 7.8341 crores during the period ended June 30, 2022.

The company has posted net profit / (loss) of Rs. 3.9155 crores for the period ended September 30, 2022 as against net profit / (loss) of Rs. 1.6974 crores for the period ended June 30, 2022.

The company has reported EPS of Rs. 0.44 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	₹ 14.6994 crs	₹7.8341 crs	87.63%
Net Profit	₹3.9155 crs	₹1.6974 crs	130.68%
EPS	₹0.44	₹0.18	144.44%

Financial Results (Q2 FY2023) - YoY Comparison

The company has reported total income of Rs. 14.6994 crores during the period ended September 30, 2022 as compared to Rs.8.9094 crores during the period ended September 30, 2021.

The company has posted net profit / (loss) of Rs.3.9155 crores for the period ended September 30, 2022 as against net profit / (loss) of Rs.0.5696 crores for the period ended September 30, 2021.

The company has reported EPS of Rs.0.44 for the period ended September 30, 2022 as compared to Rs.0.06 for the period ended September 30, 2021.

Financials	Q2 FY2023	Q2 FY2022	% Change
Total Income	₹ 14.6994 crs	₹8.9094 crs	64.99%
Net Profit	₹3.9155 crs	₹0.5696 crs	587.41%
EPS	₹0.44	₹0.06	633.33%

Financial Results (Half Year Ended FY2023) - YoY Comparison

The company has reported total income of Rs.22.5335 crores during the 6 Months period ended September 30, 2022 as compared to Rs.15.1816 crores during the 6 Months period ended September 30, 2021.

The company has posted net profit / (loss) of Rs.5.6129 crores for the 6 Months period ended September 30, 2022 as against net profit / (loss) of Rs.1.6089 crores for the 6 Months period ended September 30, 2021.

The company has reported EPS of Rs.0.63 for the 6 Months period ended September 30, 2022 as compared to Rs.0.18 for the 6 Months period ended September 30, 2021.

Financials	Half Year Ended FY2023	Half Year Ended FY2022	% Change
Total Income	₹22.5335 crs	₹15.1816 crs	48.43%
Net Profit	₹5.6129 crs	₹1.6089 crs	248.87%
EPS	₹0.63	₹0.18	250.00%

Shares of Indowind Energy Limited was last trading in BSE at Rs. 14.50 as compared to the previous close of Rs. 14.83. The total number of shares traded during the day was 19714 in over 166 trades.

The stock hit an intraday high of Rs. 14.95 and intraday low of 14.25. The net turnover during the day was Rs. 287043.00.

Source : Equity Bulls

Keywords

IndowindEnergy Q2FY23 H1FY23 ResultUpdate