Stock Report

Bhilwara Spinners Ltd Q4FY23 net profit declines to Rs. 23.76 lakhs

Posted On : 2023-05-23 19:40:10( TIMEZONE : IST )

BHILWARA SPINNERS 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. 0.2123 crores during the period ended March 31, 2023 as compared to Rs. 1.0467 crores during the period ended December 31, 2022.

The company has posted net profit / (loss) of Rs. 0.2376 crores for the period ended March 31, 2023 as against net profit / (loss) of Rs. 1.5391 crores for the period ended December 31, 2022.

The company has reported EPS of Rs. 0.35 for the period ended March 31, 2023 as compared to Rs. 2.28 for the period ended December 31, 2022.

Financials	Q4 FY2023	Q3 FY2023	% Change
Total Income	₹0.2123 crs	₹1.0467 crs	-79.72%
Net Profit	₹0.2376 crs	₹1.5391 crs	-84.56%
EPS	₹0.35	₹2.28	-84.65%

Financial Results (Q4 FY2023) - YoY Comparison

The company has reported total income of Rs.0.2123 crores during the period ended March 31, 2023 as compared to Rs.0.5945 crores during the period ended March 31, 2022.

The company has posted net profit / (loss) of Rs.0.2376 crores for the period ended March 31, 2023 as against net profit / (loss) of Rs.0.3899 crores for the period ended March 31, 2022.

The company has reported EPS of Rs.0.35 for the period ended March 31, 2023 as compared to Rs.0.58 for the period ended March 31, 2022.

Financials	Q4 FY2023	Q4 FY2022	% Change
Total Income	₹0.2123 crs	₹0.5945 crs	-64.29%
Net Profit	₹0.2376 crs	₹0.3899 crs	-39.06%
EPS	₹0.35	₹0.58	-39.66%

Financial Results (Year Ended FY2023) - YoY Comparison

The company has reported total income of Rs.1.6285 crores during the Financial Year ended March 31, 2023 as compared to Rs.3.4936 crores during the Financial Year ended March 31, 2022.

The company has posted net profit / (loss) of Rs.2.6112 crores for the Financial Year ended March 31, 2023 as against net profit / (loss) of Rs.1.4082 crores for the Financial Year ended March 31, 2022.

The company has reported EPS of Rs.3.86 for the Financial Year ended March 31, 2023 as compared to Rs.2.08 for the Financial Year ended March 31, 2022.

Financials	Year Ended FY2023	Year Ended FY2022	% Change
Total Income	₹1.6285 crs	₹3.4936 crs	-53.39%
Net Profit	₹2.6112 crs	₹1.4082 crs	85.43%
EPS	₹3.86	₹2.08	85.58%

Shares of BHILWARA SPINNERS LTD. was last trading in BSE at Rs. 41.55 as compared to the previous close of Rs. 40.00. The total number of shares traded during the day was 3099 in over 27 trades.

The stock hit an intraday high of Rs. 41.99 and intraday low of 39.85. The net turnover during the day was Rs. 125476.00.