Stock Report

Dredging Corporation of India Ltd Q4 FY2023 loss widens to Rs. 11.15 crores



Posted On : 2023-05-26 01:09:56( TIMEZONE : IST )

Dredging Corporation of India Ltd Q4 FY2023 loss widens to Rs. 11.15 crores

Dredging Corporation of India 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. 337.7580 crores during the period ended March 31, 2023 as compared to Rs. 289.5836 crores during the period ended December 31, 2022.

The company has posted net profit / (loss) of Rs. -11.5526 crores for the period ended March 31, 2023 as against net profit / (loss) of Rs. 2.8076 crores for the period ended December 31, 2022.

The company has reported EPS of Rs. -4.13 for the period ended March 31, 2023 as compared to Rs. 1 for the period ended December 31, 2022.

Financials Q4 FY2023 Q3 FY2023 % Change
Total Income ₹337.7580 crs ₹289.5836 crs Up Tick / Down Tick16.64%
Net Profit ₹-11.5526 crs ₹2.8076 crs Up Tick / Down Tick-511.48%
EPS ₹-4.13 ₹1 Up Tick / Down Tick-513.00%

Financial Results (Q4 FY2023) - YoY Comparison

The company has reported total income of Rs.337.7580 crores during the period ended March 31, 2023 as compared to Rs.372.3018 crores during the period ended March 31, 2022.

The company has posted net profit / (loss) of Rs.-11.5526 crores for the period ended March 31, 2023 as against net profit / (loss) of Rs.13.8359 crores for the period ended March 31, 2022.

The company has reported EPS of Rs.-4.13 for the period ended March 31, 2023 as compared to Rs.4.94 for the period ended March 31, 2022.

Financials Q4 FY2023 Q4 FY2022 % Change
Total Income ₹337.7580 crs ₹372.3018 crs Up Tick / Down Tick-9.28%
Net Profit ₹-11.5526 crs ₹13.8359 crs Up Tick / Down Tick-183.50%
EPS ₹-4.13 ₹4.94 Up Tick / Down Tick-183.60%

Financial Results (Year Ended FY2023) - YoY Comparison

The company has reported total income of Rs.1168.0290 crores during the Financial Year ended March 31, 2023 as compared to Rs.803.4741 crores during the Financial Year ended March 31, 2022.

The company has posted net profit / (loss) of Rs.15.1857 crores for the Financial Year ended March 31, 2023 as against net profit / (loss) of Rs.5.3133 crores for the Financial Year ended March 31, 2022.

The company has reported EPS of Rs.5.42 for the Financial Year ended March 31, 2023 as compared to Rs.1.90 for the Financial Year ended March 31, 2022.

Financials Year Ended FY2023 Year Ended FY2022 % Change
Total Income ₹1168.0290 crs ₹803.4741 crs Up Tick / Down Tick45.37%
Net Profit ₹15.1857 crs ₹5.3133 crs Up Tick / Down Tick185.81%
EPS ₹5.42 ₹1.90 Up Tick / Down Tick185.26%

Shares of Dredging Corporation of India Limited was last trading in BSE at Rs. 332.85 as compared to the previous close of Rs. 335.85. The total number of shares traded during the day was 1766 in over 184 trades.

The stock hit an intraday high of Rs. 341.90 and intraday low of 329.80. The net turnover during the day was Rs. 593731.00.

Source : Equity Bulls

Keywords

DredgingCorporationofIndia Q4FY23 FY2023 ResultUpdate