Eimco Elecon India Ltd reports higher consolidated Q4FY23 net profit of Rs. 9.81 crores

Eimco Elecon (India) Limited has reported Consolidated financial results for the period ended March 31, 2023.

Financial Results (Q4 FY2023) - QoQ Comparison

The company has reported total income of Rs. 66.6058 crores during the period ended March 31, 2023 as compared to Rs. 41.0350 crores during the period ended December 31, 2022.

The company has posted net profit / (loss) of Rs. 9.8117 crores for the period ended March 31, 2023 as against net profit / (loss) of Rs. 4.9112 crores for the period ended December 31, 2022.

The company has reported EPS of Rs. 17.01 for the period ended March 31, 2023 as compared to Rs. 8.51 for the period ended December 31, 2022.

Financials	Q4 FY2023	Q3 FY2023	% Change
Total Income	₹66.6058 crs	₹41.0350 crs	62.31%
Net Profit	₹9.8117 crs	₹4.9112 crs	99.78%
EPS	₹17.01	₹8.51	99.88%

Financial Results (Q4 FY2023) - YoY Comparison

The company has reported total income of Rs.66.6058 crores during the period ended March 31, 2023 as compared to Rs.38.5867 crores during the period ended March 31, 2022.

The company has posted net profit / (loss) of Rs.9.8117 crores for the period ended March 31, 2023 as against net profit / (loss) of Rs.3.7867 crores for the period ended March 31, 2022.

The company has reported EPS of Rs.17.01 for the period ended March 31, 2023 as compared to Rs.6.56 for the period ended March 31, 2022.

Financials	Q4 FY2023	Q4 FY2022	% Change
Total Income	₹66.6058 crs	₹38.5867 crs	72.61%
Net Profit	₹9.8117 crs	₹3.7867 crs	159.11%
EPS	₹17.01	₹6.56	159.30%

Financial Results (Year Ended FY2023) - YoY Comparison

The company has reported total income of Rs.181.7551 crores during the Financial Year ended March 31, 2023 as compared to Rs.93.6258 crores during the Financial Year ended March 31, 2022.

The company has posted net profit / (loss) of Rs.19.5249 crores for the Financial Year ended March 31, 2023 as against net profit / (loss) of Rs.8.6779 crores for the Financial Year ended March 31, 2022.

The company has reported EPS of Rs.33.85 for the Financial Year ended March 31, 2023 as compared to Rs.15.04 for the Financial Year ended March 31, 2022.

Financials	Year Ended FY2023	Year Ended FY2022	% Change
Total Income	₹181.7551 crs	₹93.6258 crs	94.13%
Net Profit	₹19.5249 crs	₹8.6779 crs	125.00%
EPS	₹33.85	₹15.04	125.07%

Shares of Eimco Elecon (India) Limited was last trading in BSE at Rs. 388.35 as compared to the previous close of Rs. 400.50. The total number of shares traded during the day was 1374 in over 128 trades.

The stock hit an intraday high of Rs. 401.00 and intraday low of 384.00. The net turnover during the day was Rs. 543355.00.

Source : Equity Bulls

Keywords

EimcoEleconIndia Q4FY23 FY2023 ResultUpdate