Stock Report

Olectra Greentech Ltd posts consolidated Q4 FY23 net profit of Rs. 27 crores

Posted On : 2023-05-06 14:15:15( TIMEZONE : IST )

Olectra Greentech 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. 376.4404 crores during the period ended March 31, 2023 as compared to Rs. 257.5566 crores during the period ended December 31, 2022.

The company has posted net profit / (loss) of Rs. 27.0058 crores for the period ended March 31, 2023 as against net profit / (loss) of Rs. 14.3791 crores for the period ended December 31, 2022.

The company has reported EPS of Rs. 3.29 for the period ended March 31, 2023 as compared to Rs. 1.75 for the period ended December 31, 2022.

Financials	Q4 FY2023	Q3 FY2023	% Change
Total Income	₹376.4404 crs	₹257.5566 crs	46.16%
Net Profit	₹27.0058 crs	₹14.3791 crs	87.81%
EPS	₹3.29	₹1.75	88.00%

Financial Results (Q4 FY2023) - YoY Comparison

The company has reported total income of Rs.376.4404 crores during the period ended March 31, 2023 as compared to Rs.274.4721 crores during the period ended March 31, 2022.

The company has posted net profit / (loss) of Rs.27.0058 crores for the period ended March 31, 2023 as against net profit / (loss) of Rs.17.7730 crores for the period ended March 31, 2022.

The company has reported EPS of Rs.3.29 for the period ended March 31, 2023 as compared to Rs.2.17 for the period ended March 31, 2022.

Financials	Q4 FY2023	Q4 FY2022	% Change
Total Income	₹376.4404 crs	₹274.4721 crs	37.15%
Net Profit	₹27.0058 crs	₹17.7730 crs	51.95%
EPS	₹3.29	₹2.17	51.61%

Financial Results (Year Ended FY2023) - YoY Comparison

The company has reported total income of Rs.1100.8234 crores during the Financial Year ended March 31, 2023 as compared to Rs.600.9623 crores during the Financial Year ended March 31, 2022.

The company has posted net profit / (loss) of Rs.65.5945 crores for the Financial Year ended March 31, 2023 as against net profit / (loss) of Rs.35.3514 crores for the Financial Year ended March 31, 2022.

The company has reported EPS of Rs.7.99 for the Financial Year ended March 31, 2023 as compared to Rs.4.31 for the Financial Year ended March 31, 2022.

Financials	Year Ended FY2023	Year Ended FY2022	% Change
Total Income	₹1100.8234 crs	₹600.9623 crs	83.18%
Net Profit	₹65.5945 crs	₹35.3514 crs	85.55%
EPS	₹7.99	₹4.31	85.38%

Shares of Olectra Greentech Limited was last trading in BSE at Rs. 644.85 as compared to the previous close of Rs. 655.65. The total number of shares traded during the day was 100076 in over 4784 trades.

The stock hit an intraday high of Rs. 668.70 and intraday low of 619.60. The net turnover during the day was Rs. 64692904.00.