Enkei Wheels India Ltd Q1CY23 loss at Rs. 4.40 crores

ENKEI WHEELS (INDIA) LTD. has reported Standalone financial results for the period ended March 31, 2023.

Financial Results (Q1 CY2023) - QoQ Comparison

The company has reported total income of Rs. 133.727 crores during the period ended March 31, 2023 as compared to Rs. 148.815 crores during the period ended December 31, 2022.

The company has posted net profit / (loss) of Rs. -4.401 crores for the period ended March 31, 2023 as against net profit / (loss) of Rs. -14.120 crores for the period ended December 31, 2022.

The company has reported EPS of Rs. -2.45 for the period ended March 31, 2023 as compared to Rs. -7.86 for the period ended December 31, 2022.

Financials	Q1 CY2023	Q4 CY2022	% Change
Total Income	₹133.727 crs	₹148.815 crs	-10.14%
Net Profit	₹-4.401 crs	₹-14.120 crs	68.83%
EPS	₹-2.45	₹-7.86	68.83%

Financial Results (Q1 CY2023) - YoY Comparison

The company has reported total income of Rs.133.727 crores during the period ended March 31, 2023 as compared to Rs.174.3 crores during the period ended March 31, 2022.

The company has posted net profit / (loss) of Rs.-4.401 crores for the period ended March 31, 2023 as against net profit / (loss) of Rs.8.902 crores for the period ended March 31, 2022.

The company has reported EPS of Rs.-2.45 for the period ended March 31, 2023 as compared to Rs.4.95 for the period ended March 31, 2022.

Financials	Q1 CY2023	Q1 CY2022	% Change
Total Income	₹133.727 crs	₹174.3 crs	-23.28%
Net Profit	₹-4.401 crs	₹8.902 crs	-149.44%
EPS	₹-2.45	₹4.95	-149.49%

Shares of ENKEI WHEELS (INDIA) LTD. was last trading in BSE at Rs. 481.95 as compared to the previous close of Rs. 467.45. The total number of shares traded during the day was 417 in over 15 trades.

The stock hit an intraday high of Rs. 487.90 and intraday low of 475.00. The net turnover during the day was Rs. 201266.00.

Source : Equity Bulls

Keywords

EnkeiWheelsIndia Q1CY23 ResultUpdate