Southern Latex Ltd Q4FY23 profit at Rs. 19.63 lakhs

SOUTHERN LATEX 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. 0.3590 crores during the period ended March 31, 2023 as compared to Rs. 0.06 crores during the period ended December 31, 2022.

The company has posted net profit / (loss) of Rs. 0.1963 crores for the period ended March 31, 2023 as against net profit / (loss) of Rs. 0.0106 crores for the period ended December 31, 2022.

The company has reported EPS of Rs. 0.267 for the period ended March 31, 2023 as compared to Rs. 0.014 for the period ended December 31, 2022.

Financials	Q4 FY2023	Q3 FY2023	% Change
Total Income	₹0.3590 crs	₹0.06 crs	498.33%
Net Profit	₹0.1963 crs	₹0.0106 crs	1,751.89%
EPS	₹0.267	₹0.014	1,807.14%

Financial Results (Q4 FY2023) - YoY Comparison

The company has reported total income of Rs.0.3590 crores during the period ended March 31, 2023 as compared to Rs.0.3590 crores during the period ended March 31, 2022.

The company has posted net profit / (loss) of Rs.0.1963 crores for the period ended March 31, 2023 as against net profit / (loss) of Rs.0.1821 crores for the period ended March 31, 2022.

The company has reported EPS of Rs.0.267 for the period ended March 31, 2023 as compared to Rs.0.247 for the period ended March 31, 2022.

Financials	Q4 FY2023	Q4 FY2022	% Change
Total Income	₹0.3590 crs	₹0.3590 crs	0.00%
Net Profit	₹0.1963 crs	₹0.1821 crs	7.80%
EPS	₹0.267	₹0.247	8.10%

Financial Results (Year Ended FY2023) - YoY Comparison

The company has reported total income of Rs.0.5390 crores during the Financial Year ended March 31, 2023 as compared to Rs.0.4832 crores during the Financial Year ended March 31, 2022.

The company has posted net profit / (loss) of Rs.0.2351 crores for the Financial Year ended March 31, 2023 as against net profit / (loss) of Rs.0.1992 crores for the Financial Year ended March 31, 2022.

The company has reported EPS of Rs.0.320 for the Financial Year ended March 31, 2023 as compared to Rs.0.271 for the Financial Year ended March 31, 2022.

Financials	Year Ended FY2023	Year Ended FY2022	% Change
Total Income	₹0.5390 crs	₹0.4832 crs	11.55%
Net Profit	₹0.2351 crs	₹0.1992 crs	18.02%
EPS	₹0.320	₹0.271	18.08%

Shares of SOUTHERN LATEX LTD. was last trading in BSE at Rs. 18.90 as compared to the previous close of Rs. 18.00. The total number of shares traded during the day was 301 in over 5 trades.

The stock hit an intraday high of Rs. 18.90 and intraday low of 17.10. The net turnover during the day was Rs. 5687.00.

Source : Equity Bulls

Keywords

SouthernLatex Q4FY23 FY2023 ResultUpdate