Aartech Solonics Ltd Q4 FY23 PAT climbs to Rs. 1.76 crore

Aartech Solonics Ltd 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. 15.6888 crores during the period ended March 31, 2023 as compared to Rs. 7.9064 crores during the period ended December 31, 2022.

The company has posted net profit / (loss) of Rs. 1.7695 crores for the period ended March 31, 2023 as against net profit / (loss) of Rs. 0.0888 crores for the period ended December 31, 2022.

The company has reported EPS of Rs. 1.43 for the period ended March 31, 2023 as compared to Rs. 0.08 for the period ended December 31, 2022.

Financials	Q4 FY2023	Q3 FY2023	% Change
Total Income	₹15.6888 crs	₹7.9064 crs	98.43%
Net Profit	₹1.7695 crs	₹0.0888 crs	1,892.68%
EPS	₹1.43	₹0.08	1,687.50%

Financial Results (Q4 FY2023) - YoY Comparison

The company has reported total income of Rs.15.6888 crores during the period ended March 31, 2023 as compared to Rs.13.9696 crores during the period ended March 31, 2022.

The company has posted net profit / (loss) of Rs.1.7695 crores for the period ended March 31, 2023 as against net profit / (loss) of Rs.4.0552 crores for the period ended March 31, 2022.

The company has reported EPS of Rs.1.43 for the period ended March 31, 2023 as compared to Rs.0.71 for the period ended March 31, 2022.

Financials	Q4 FY2023	Q4 FY2022	% Change
Total Income	₹15.6888 crs	₹13.9696 crs	12.31%
Net Profit	₹1.7695 crs	₹4.0552 crs	-56.36%
EPS	₹1.43	₹0.71	101.41%

Financial Results (Year Ended FY2023) - YoY Comparison

The company has reported total income of Rs.23.56 crores during the Financial Year ended March 31, 2023 as compared to Rs.17.7881 crores during the Financial Year ended March 31, 2022.

The company has posted net profit / (loss) of Rs.1.8583 crores for the Financial Year ended March 31, 2023 as against net profit / (loss) of Rs.2.7975 crores for the Financial Year ended March 31, 2022.

The company has reported EPS of Rs.1.82 for the Financial Year ended March 31, 2023 as compared to Rs.1.34 for the Financial Year ended March 31, 2022.

Financials	Year Ended FY2023	Year Ended FY2022	% Change
Total Income	₹23.56 crs	₹17.7881 crs	32.45%
Net Profit	₹1.8583 crs	₹2.7975 crs	-33.57%
EPS	₹1.82	₹1.34	35.82%

Shares of Aartech Solonics Ltd was last trading in BSE at Rs. 75.25 as compared to the previous close of Rs. 71.00. The total number of shares traded during the day was 10000 in over 5 trades.

The stock hit an intraday high of Rs. 75.70 and intraday low of 72.00. The net turnover during the day was Rs. 742900.00.

Source : Equity Bulls

Keywords

AartechSolonics Q4FY23 FY2023 ResultUpdate