Stock Report

Acknit Industries Ltd Q4 FY2022-23 net profit lower at Rs. 2.25 crore



Posted On : 2023-05-17 20:54:21( TIMEZONE : IST )

Acknit Industries Ltd Q4 FY2022-23 net profit lower at Rs. 2.25 crore

ACKNIT INDUSTRIES LTD. has reported Standalone financial results for the period ended March 31, 2023.

Financial Results (Q4 FY2023) - QoQ Comparison

The company has reported total income of Rs. 53.0272 crores during the period ended March 31, 2023 as compared to Rs. 47.9027 crores during the period ended December 31, 2022.

The company has posted net profit / (loss) of Rs. 2.2560 crores for the period ended March 31, 2023 as against net profit / (loss) of Rs. 2.3049 crores for the period ended December 31, 2022.

The company has reported EPS of Rs. 7.42 for the period ended March 31, 2023 as compared to Rs. 7.58 for the period ended December 31, 2022.

Financials Q4 FY2023 Q3 FY2023 % Change
Total Income ₹53.0272 crs ₹47.9027 crs Up Tick / Down Tick10.70%
Net Profit ₹2.2560 crs ₹2.3049 crs Up Tick / Down Tick-2.12%
EPS ₹7.42 ₹7.58 Up Tick / Down Tick-2.11%

Financial Results (Q4 FY2023) - YoY Comparison

The company has reported total income of Rs.53.0272 crores during the period ended March 31, 2023 as compared to Rs.64.2144 crores during the period ended March 31, 2022.

The company has posted net profit / (loss) of Rs.2.2560 crores for the period ended March 31, 2023 as against net profit / (loss) of Rs.2.3559 crores for the period ended March 31, 2022.

The company has reported EPS of Rs.7.42 for the period ended March 31, 2023 as compared to Rs.7.75 for the period ended March 31, 2022.

Financials Q4 FY2023 Q4 FY2022 % Change
Total Income ₹53.0272 crs ₹64.2144 crs Up Tick / Down Tick-17.42%
Net Profit ₹2.2560 crs ₹2.3559 crs Up Tick / Down Tick-4.24%
EPS ₹7.42 ₹7.75 Up Tick / Down Tick-4.26%

Financial Results (Year Ended FY2023) - YoY Comparison

The company has reported total income of Rs.238.5357 crores during the Financial Year ended March 31, 2023 as compared to Rs.216.8132 crores during the Financial Year ended March 31, 2022.

The company has posted net profit / (loss) of Rs.9.0201 crores for the Financial Year ended March 31, 2023 as against net profit / (loss) of Rs.7.9381 crores for the Financial Year ended March 31, 2022.

The company has reported EPS of Rs.29.67 for the Financial Year ended March 31, 2023 as compared to Rs.26.11 for the Financial Year ended March 31, 2022.

Financials Year Ended FY2023 Year Ended FY2022 % Change
Total Income ₹238.5357 crs ₹216.8132 crs Up Tick / Down Tick10.02%
Net Profit ₹9.0201 crs ₹7.9381 crs Up Tick / Down Tick13.63%
EPS ₹29.67 ₹26.11 Up Tick / Down Tick13.63%

Shares of ACKNIT INDUSTRIES LTD. was last trading in BSE at Rs. 147.30 as compared to the previous close of Rs. 151.50. The total number of shares traded during the day was 9736 in over 112 trades.

The stock hit an intraday high of Rs. 152.00 and intraday low of 146.05. The net turnover during the day was Rs. 1438354.00.

Source : Equity Bulls

Keywords

AcknitIndustries Q4FY23 FY2023 ResultUpdate