Karma Energy Ltd Q4 FY2023 net profit climbs to Rs. 4.26 crore

Karma Energy Limited 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. 5.7381 crores during the period ended March 31, 2023 as compared to Rs. 2.0250 crores during the period ended December 31, 2022.

The company has posted net profit / (loss) of Rs. 4.2642 crores for the period ended March 31, 2023 as against net profit / (loss) of Rs. -1.4078 crores for the period ended December 31, 2022.

The company has reported EPS of Rs. 3.69 for the period ended March 31, 2023 as compared to Rs. -1.22 for the period ended December 31, 2022.

Financials	Q4 FY2023	Q3 FY2023	% Change
Total Income	₹5.7381 crs	₹2.0250 crs	183.36%
Net Profit	₹4.2642 crs	₹-1.4078 crs	402.90%
EPS	₹3.69	₹-1.22	402.46%

Financial Results (Q4 FY2023) - YoY Comparison

The company has reported total income of Rs.5.7381 crores during the period ended March 31, 2023 as compared to Rs.2.4476 crores during the period ended March 31, 2022.

The company has posted net profit / (loss) of Rs.4.2642 crores for the period ended March 31, 2023 as against net profit / (loss) of Rs.-2.5566 crores for the period ended March 31, 2022.

The company has reported EPS of Rs.3.69 for the period ended March 31, 2023 as compared to Rs.-2.21 for the period ended March 31, 2022.

Financials	Q4 FY2023	Q4 FY2022	% Change
Total Income	₹5.7381 crs	₹2.4476 crs	134.44%
Net Profit	₹4.2642 crs	₹-2.5566 crs	266.79%
EPS	₹3.69	₹-2.21	266.97%

Financial Results (Year Ended FY2023) - YoY Comparison

The company has reported total income of Rs.18.0621 crores during the Financial Year ended March 31, 2023 as compared to Rs.28.4864 crores during the Financial Year ended March 31, 2022.

The company has posted net profit / (loss) of Rs.5.8903 crores for the Financial Year ended March 31, 2023 as against net profit / (loss) of Rs.-2.1262 crores for the Financial Year ended March 31, 2022.

The company has reported EPS of Rs.5.09 for the Financial Year ended March 31, 2023 as compared to Rs.-1.84 for the Financial Year ended March 31, 2022.

Financials	Year Ended FY2023	Year Ended FY2022	% Change
Total Income	₹18.0621 crs	₹28.4864 crs	-36.59%
Net Profit	₹5.8903 crs	₹-2.1262 crs	377.03%
EPS	₹5.09	₹-1.84	376.63%

Shares of Karma Energy Limited was last trading in BSE at Rs. 32.42 as compared to the previous close of Rs. 31.81. The total number of shares traded during the day was 351 in over 12 trades.

The stock hit an intraday high of Rs. 33.19 and intraday low of 32.31. The net turnover during the day was Rs. 11451.00.

Source : Equity Bulls

Keywords

KarmaEnergy Q4FY23 FY2023 ResultUpdate