Stock Report

Eastern Treads Ltd Q4 FY2023 loss reduces to Rs. 1.60 crore



Posted On : 2023-05-25 18:55:00( TIMEZONE : IST )

Eastern Treads Ltd Q4 FY2023 loss reduces to Rs. 1.60 crore

EASTERN TREADS 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. 14.3737 crores during the period ended March 31, 2023 as compared to Rs. 15.3915 crores during the period ended December 31, 2022.

The company has posted net profit / (loss) of Rs. -1.6073 crores for the period ended March 31, 2023 as against net profit / (loss) of Rs. -1.7397 crores for the period ended December 31, 2022.

The company has reported EPS of Rs. -3.07 for the period ended March 31, 2023 as compared to Rs. -3.33 for the period ended December 31, 2022.

Financials Q4 FY2023 Q3 FY2023 % Change
Total Income ₹14.3737 crs ₹15.3915 crs Up Tick / Down Tick-6.61%
Net Profit ₹-1.6073 crs ₹-1.7397 crs Up Tick / Down Tick7.61%
EPS ₹-3.07 ₹-3.33 Up Tick / Down Tick7.81%

Financial Results (Q4 FY2023) - YoY Comparison

The company has reported total income of Rs.14.3737 crores during the period ended March 31, 2023 as compared to Rs.21.3373 crores during the period ended March 31, 2022.

The company has posted net profit / (loss) of Rs.-1.6073 crores for the period ended March 31, 2023 as against net profit / (loss) of Rs.-3.9677 crores for the period ended March 31, 2022.

The company has reported EPS of Rs.-3.07 for the period ended March 31, 2023 as compared to Rs.-7.58 for the period ended March 31, 2022.

Financials Q4 FY2023 Q4 FY2022 % Change
Total Income ₹14.3737 crs ₹21.3373 crs Up Tick / Down Tick-32.64%
Net Profit ₹-1.6073 crs ₹-3.9677 crs Up Tick / Down Tick59.49%
EPS ₹-3.07 ₹-7.58 Up Tick / Down Tick59.50%

Financial Results (Year Ended FY2023) - YoY Comparison

The company has reported total income of Rs.59.9257 crores during the Financial Year ended March 31, 2023 as compared to Rs.72.6150 crores during the Financial Year ended March 31, 2022.

The company has posted net profit / (loss) of Rs.-7.2289 crores for the Financial Year ended March 31, 2023 as against net profit / (loss) of Rs.-9.6813 crores for the Financial Year ended March 31, 2022.

The company has reported EPS of Rs.-13.82 for the Financial Year ended March 31, 2023 as compared to Rs.-18.50 for the Financial Year ended March 31, 2022.

Financials Year Ended FY2023 Year Ended FY2022 % Change
Total Income ₹59.9257 crs ₹72.6150 crs Up Tick / Down Tick-17.47%
Net Profit ₹-7.2289 crs ₹-9.6813 crs Up Tick / Down Tick25.33%
EPS ₹-13.82 ₹-18.50 Up Tick / Down Tick25.30%

Shares of EASTERN TREADS LTD. was last trading in BSE at Rs. 30.89 as compared to the previous close of Rs. 29.85. The total number of shares traded during the day was 1028 in over 20 trades.

The stock hit an intraday high of Rs. 30.99 and intraday low of 29.21. The net turnover during the day was Rs. 31478.00.

Source : Equity Bulls

Keywords

EasternTreads Q4FY23 FY2023 ResultUpdate