Stock Report

Upsurge Investment and Finance Ltd Q4FY23 loss widens to Rs. 2.80 crore



Posted On : 2023-05-22 23:18:25( TIMEZONE : IST )

Upsurge Investment and Finance Ltd Q4FY23 loss widens to Rs. 2.80 crore

UPSURGE INVESTMENT & FINANCE 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. 4.4241 crores during the period ended March 31, 2023 as compared to Rs. 7.1607 crores during the period ended December 31, 2022.

The company has posted net profit / (loss) of Rs. -2.8003 crores for the period ended March 31, 2023 as against net profit / (loss) of Rs. -0.8685 crores for the period ended December 31, 2022.

The company has reported EPS of Rs. -1.85 for the period ended March 31, 2023 as compared to Rs. -0.57 for the period ended December 31, 2022.

Financials Q4 FY2023 Q3 FY2023 % Change
Total Income ₹4.4241 crs ₹7.1607 crs Up Tick / Down Tick-38.22%
Net Profit ₹-2.8003 crs ₹-0.8685 crs Up Tick / Down Tick222.43%
EPS ₹-1.85 ₹-0.57 Up Tick / Down Tick224.56%

Financial Results (Q4 FY2023) - YoY Comparison

The company has reported total income of Rs.4.4241 crores during the period ended March 31, 2023 as compared to Rs.9.4991 crores during the period ended March 31, 2022.

The company has posted net profit / (loss) of Rs.-2.8003 crores for the period ended March 31, 2023 as against net profit / (loss) of Rs.2.2983 crores for the period ended March 31, 2022.

The company has reported EPS of Rs.-1.85 for the period ended March 31, 2023 as compared to Rs.1.52 for the period ended March 31, 2022.

Financials Q4 FY2023 Q4 FY2022 % Change
Total Income ₹4.4241 crs ₹9.4991 crs Up Tick / Down Tick-53.43%
Net Profit ₹-2.8003 crs ₹2.2983 crs Up Tick / Down Tick-221.84%
EPS ₹-1.85 ₹1.52 Up Tick / Down Tick-221.71%

Financial Results (Year Ended FY2023) - YoY Comparison

The company has reported total income of Rs.32.6409 crores during the Financial Year ended March 31, 2023 as compared to Rs.38.1579 crores during the Financial Year ended March 31, 2022.

The company has posted net profit / (loss) of Rs.0.5031 crores for the Financial Year ended March 31, 2023 as against net profit / (loss) of Rs.9.3393 crores for the Financial Year ended March 31, 2022.

The company has reported EPS of Rs.0.33 for the Financial Year ended March 31, 2023 as compared to Rs.6.16 for the Financial Year ended March 31, 2022.

Financials Year Ended FY2023 Year Ended FY2022 % Change
Total Income ₹32.6409 crs ₹38.1579 crs Up Tick / Down Tick-14.46%
Net Profit ₹0.5031 crs ₹9.3393 crs Up Tick / Down Tick-94.61%
EPS ₹0.33 ₹6.16 Up Tick / Down Tick-94.64%

Shares of UPSURGE INVESTMENT & FINANCE LTD. was last trading in BSE at Rs. 36.24 as compared to the previous close of Rs. 35.37. The total number of shares traded during the day was 5721 in over 53 trades.

The stock hit an intraday high of Rs. 37.49 and intraday low of 35.50. The net turnover during the day was Rs. 207789.00.

Source : Equity Bulls

Keywords

UpsurgeInvestmentandFinance Q4FY23 FY2023 ResultUpdate