Elecon Engineering Company Ltd Q4 FY2022-23 consolidated profit higher at Rs. 67.94 crores

Elecon Engineering Company 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. 432.3540 crores during the period ended March 31, 2023 as compared to Rs. 392.3239 crores during the period ended December 31, 2022.

The company has posted net profit / (loss) of Rs. 67.9451 crores for the period ended March 31, 2023 as against net profit / (loss) of Rs. 62.7355 crores for the period ended December 31, 2022.

The company has reported EPS of Rs. 6.06 for the period ended March 31, 2023 as compared to Rs. 5.59 for the period ended December 31, 2022.

Financials	Q4 FY2023	Q3 FY2023	% Change
Total Income	₹432.3540 crs	₹392.3239 crs	10.20%
Net Profit	₹67.9451 crs	₹62.7355 crs	8.30%
EPS	₹6.06	₹5.59	8.41%

Financial Results (Q4 FY2023) - YoY Comparison

The company has reported total income of Rs.432.3540 crores during the period ended March 31, 2023 as compared to Rs.335.3884 crores during the period ended March 31, 2022.

The company has posted net profit / (loss) of Rs.67.9451 crores for the period ended March 31, 2023 as against net profit / (loss) of Rs.46.3044 crores for the period ended March 31, 2022.

The company has reported EPS of Rs.6.06 for the period ended March 31, 2023 as compared to Rs.4.13 for the period ended March 31, 2022.

Financials	Q4 FY2023	Q4 FY2022	% Change
Total Income	₹432.3540 crs	₹335.3884 crs	28.91%
Net Profit	₹67.9451 crs	₹46.3044 crs	46.74%
EPS	₹6.06	₹4.13	46.73%

Financial Results (Year Ended FY2023) - YoY Comparison

The company has reported total income of Rs.1549.7412 crores during the Financial Year ended March 31, 2023 as compared to Rs.1220.5077 crores during the Financial Year ended March 31, 2022.

The company has posted net profit / (loss) of Rs.237.4935 crores for the Financial Year ended March 31, 2023 as against net profit / (loss) of Rs.140.4925 crores for the Financial Year ended March 31, 2022.

The company has reported EPS of Rs.21.17 for the Financial Year ended March 31, 2023 as compared to Rs.12.52 for the Financial Year ended March 31, 2022.

Financials	Year Ended FY2023	Year Ended FY2022	% Change
Total Income	₹1549.7412 crs	₹1220.5077 crs	26.98%
Net Profit	₹237.4935 crs	₹140.4925 crs	69.04%
EPS	₹21.17	₹12.52	69.09%

Shares of Elecon Engineering Company Limited was last trading in BSE at Rs. 460.10 as compared to the previous close of Rs. 445.50. The total number of shares traded during the day was 58070 in over 2995 trades.

The stock hit an intraday high of Rs. 461.95 and intraday low of 445.00. The net turnover during the day was Rs. 26409097.00.

Source : Equity Bulls

Keywords

EleconEngineeringCompany Q4FY23 FY2023 ResultUpdate