Stock Report

Minaxi Textiles Ltd Q4FY23 loss at Rs. 2.15 crore



Posted On : 2023-05-23 19:37:55( TIMEZONE : IST )

Minaxi Textiles Ltd Q4FY23 loss at Rs. 2.15 crore

MINAXI TEXTILES 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. 6.8369 crores during the period ended March 31, 2023 as compared to Rs. 6.0334 crores during the period ended December 31, 2022.

The company has posted net profit / (loss) of Rs. -2.1579 crores for the period ended March 31, 2023 as against net profit / (loss) of Rs. -1.2011 crores for the period ended December 31, 2022.

The company has reported EPS of Rs. -0.44 for the period ended March 31, 2023 as compared to Rs. -0.24 for the period ended December 31, 2022.

Financials Q4 FY2023 Q3 FY2023 % Change
Total Income ₹6.8369 crs ₹6.0334 crs Up Tick / Down Tick13.32%
Net Profit ₹-2.1579 crs ₹-1.2011 crs Up Tick / Down Tick79.66%
EPS ₹-0.44 ₹-0.24 Up Tick / Down Tick83.33%

Financial Results (Q4 FY2023) - YoY Comparison

The company has reported total income of Rs.6.8369 crores during the period ended March 31, 2023 as compared to Rs.11.0435 crores during the period ended March 31, 2022.

The company has posted net profit / (loss) of Rs.-2.1579 crores for the period ended March 31, 2023 as against net profit / (loss) of Rs.-0.5946 crores for the period ended March 31, 2022.

The company has reported EPS of Rs.-0.44 for the period ended March 31, 2023 as compared to Rs.-0.12 for the period ended March 31, 2022.

Financials Q4 FY2023 Q4 FY2022 % Change
Total Income ₹6.8369 crs ₹11.0435 crs Up Tick / Down Tick-38.09%
Net Profit ₹-2.1579 crs ₹-0.5946 crs Up Tick / Down Tick262.92%
EPS ₹-0.44 ₹-0.12 Up Tick / Down Tick266.67%

Financial Results (Year Ended FY2023) - YoY Comparison

The company has reported total income of Rs.29.2557 crores during the Financial Year ended March 31, 2023 as compared to Rs.31.1840 crores during the Financial Year ended March 31, 2022.

The company has posted net profit / (loss) of Rs.-6.2128 crores for the Financial Year ended March 31, 2023 as against net profit / (loss) of Rs.-1.5906 crores for the Financial Year ended March 31, 2022.

The company has reported EPS of Rs.-1.26 for the Financial Year ended March 31, 2023 as compared to Rs.-0.32 for the Financial Year ended March 31, 2022.

Financials Year Ended FY2023 Year Ended FY2022 % Change
Total Income ₹29.2557 crs ₹31.1840 crs Up Tick / Down Tick-6.18%
Net Profit ₹-6.2128 crs ₹-1.5906 crs Up Tick / Down Tick290.59%
EPS ₹-1.26 ₹-0.32 Up Tick / Down Tick293.75%

Shares of MINAXI TEXTILES LTD. was last trading in BSE at Rs. 1.51 as compared to the previous close of Rs. 1.52. The total number of shares traded during the day was 10502 in over 30 trades.

The stock hit an intraday high of Rs. 1.57 and intraday low of 1.50. The net turnover during the day was Rs. 15952.00.

Source : Equity Bulls

Keywords

MinaxiTextiles Q4FY23 FY2023 ResultUpdate