Maestros Electronics and Telecommunications Systems Ltd Q4 FY2022-23 net profit jumps to Rs. 1.37 crore

Maestros Electronics & Telecommunications Systems 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. 9.9763 crores during the period ended March 31, 2023 as compared to Rs. 4.7326 crores during the period ended December 31, 2022.

The company has posted net profit / (loss) of Rs. 1.3757 crores for the period ended March 31, 2023 as against net profit / (loss) of Rs. 0.1418 crores for the period ended December 31, 2022.

The company has reported EPS of Rs. 2.50 for the period ended March 31, 2023 as compared to Rs. 0.26 for the period ended December 31, 2022.

Financials	Q4 FY2023	Q3 FY2023	% Change
Total Income	₹9.9763 crs	₹4.7326 crs	110.80%
Net Profit	₹1.3757 crs	₹0.1418 crs	870.17%
EPS	₹2.50	₹0.26	861.54%

Financial Results (Q4 FY2023) - YoY Comparison

The company has reported total income of Rs.9.9763 crores during the period ended March 31, 2023 as compared to Rs.3.2192 crores during the period ended March 31, 2022.

The company has posted net profit / (loss) of Rs.1.3757 crores for the period ended March 31, 2023 as against net profit / (loss) of Rs.0.3118 crores for the period ended March 31, 2022.

The company has reported EPS of Rs.2.50 for the period ended March 31, 2023 as compared to Rs.0.57 for the period ended March 31, 2022.

Financials	Q4 FY2023	Q4 FY2022	% Change
Total Income	₹9.9763 crs	₹3.2192 crs	209.90%
Net Profit	₹1.3757 crs	₹0.3118 crs	341.21%
EPS	₹2.50	₹0.57	338.60%

Financial Results (Year Ended FY2023) - YoY Comparison

The company has reported total income of Rs.25.8924 crores during the Financial Year ended March 31, 2023 as compared to Rs.12.6428 crores during the Financial Year ended March 31, 2022.

The company has posted net profit / (loss) of Rs.2.9797 crores for the Financial Year ended March 31, 2023 as against net profit / (loss) of Rs.1.2529 crores for the Financial Year ended March 31, 2022.

The company has reported EPS of Rs.5.41 for the Financial Year ended March 31, 2023 as compared to Rs.2.27 for the Financial Year ended March 31, 2022.

Financials	Year Ended FY2023	Year Ended FY2022	% Change
Total Income	₹25.8924 crs	₹12.6428 crs	104.80%
Net Profit	₹2.9797 crs	₹1.2529 crs	137.82%
EPS	₹5.41	₹2.27	138.33%

Shares of Maestros Electronics & Telecommunications Systems Ltd was last trading in BSE at Rs. 49.27 as compared to the previous close of Rs. 47.70. The total number of shares traded during the day was 11614 in over 149 trades.

The stock hit an intraday high of Rs. 55.00 and intraday low of 47.00. The net turnover during the day was Rs. 596067.00.

Source : Equity Bulls

Keywords

MaestrosElectronicsandTelecommunicationsSystems Q4FY23 FY2023 ResultUpdate