IB Infotech Enterprises Ltd Q4 FY2023 net profit at Rs. 13.82 lakhs

IB INFOTECH ENTERPRISES 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. 0.6159 crores during the period ended March 31, 2023 as compared to Rs. 1.6236 crores during the period ended December 31, 2022.

The company has posted net profit / (loss) of Rs. 0.1382 crores for the period ended March 31, 2023 as against net profit / (loss) of Rs. 0.5324 crores for the period ended December 31, 2022.

The company has reported EPS of Rs. 1.08 for the period ended March 31, 2023 as compared to Rs. 4.16 for the period ended December 31, 2022.

Financials	Q4 FY2023	Q3 FY2023	% Change
Total Income	₹0.6159 crs	₹1.6236 crs	-62.07%
Net Profit	₹0.1382 crs	₹0.5324 crs	-74.04%
EPS	₹1.08	₹4.16	-74.04%

Financial Results (Q4 FY2023) - YoY Comparison

The company has reported total income of Rs.0.6159 crores during the period ended March 31, 2023 as compared to Rs.0.0052 crores during the period ended March 31, 2022.

The company has posted net profit / (loss) of Rs.0.1382 crores for the period ended March 31, 2023 as against net profit / (loss) of Rs.-0.0191 crores for the period ended March 31, 2022.

The company has reported EPS of Rs.1.08 for the period ended March 31, 2023 as compared to Rs.-0.15 for the period ended March 31, 2022.

Financials	Q4 FY2023	Q4 FY2022	% Change
Total Income	₹0.6159 crs	₹0.0052 crs	11,744.23%
Net Profit	₹0.1382 crs	₹-0.0191 crs	823.56%
EPS	₹1.08	₹-0.15	820.00%

Financial Results (Year Ended FY2023) - YoY Comparison

The company has reported total income of Rs.3.0046 crores during the Financial Year ended March 31, 2023 as compared to Rs.0.0222 crores during the Financial Year ended March 31, 2022.

The company has posted net profit / (loss) of Rs.0.7371 crores for the Financial Year ended March 31, 2023 as against net profit / (loss) of Rs.-0.1191 crores for the Financial Year ended March 31, 2022.

The company has reported EPS of Rs.5.76 for the Financial Year ended March 31, 2023 as compared to Rs.-0.93 for the Financial Year ended March 31, 2022.

Financials	Year Ended FY2023	Year Ended FY2022	% Change
Total Income	₹3.0046 crs	₹0.0222 crs	13,434.23%
Net Profit	₹0.7371 crs	₹-0.1191 crs	718.89%
EPS	₹5.76	₹-0.93	719.35%

Shares of IB INFOTECH ENTERPRISES LTD. was last trading in BSE at Rs. 167.05 as compared to the previous close of Rs. 175.80. The total number of shares traded during the day was 5340 in over 75 trades.

The stock hit an intraday high of Rs. 184.55 and intraday low of 167.05. The net turnover during the day was Rs. 906764.00.

Source : Equity Bulls

Keywords

IBInfotechEnterprises Q4FY23 FY2023 ResultUpdate