Riddhi Corporate Services Ltd Q4 FY2023 net profit at Rs. 2.48 crore

Riddhi Corporate Services 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. 51.6253 crores during the period ended March 31, 2023 as compared to Rs. 56.9364 crores during the period ended December 31, 2022.

The company has posted net profit / (loss) of Rs. 2.4813 crores for the period ended March 31, 2023 as against net profit / (loss) of Rs. 2.58 crores for the period ended December 31, 2022.

The company has reported EPS of Rs. 2.15 for the period ended March 31, 2023 as compared to Rs. 2.27 for the period ended December 31, 2022.

Financials	Q4 FY2023	Q3 FY2023	% Change
Total Income	₹51.6253 crs	₹56.9364 crs	-9.33%
Net Profit	₹2.4813 crs	₹2.58 crs	-3.83%
EPS	₹2.15	₹2.27	-5.29%

Financial Results (Q4 FY2023) - YoY Comparison

The company has reported total income of Rs.51.6253 crores during the period ended March 31, 2023 as compared to Rs.38.6866 crores during the period ended March 31, 2022.

The company has posted net profit / (loss) of Rs.2.4813 crores for the period ended March 31, 2023 as against net profit / (loss) of Rs.1.7368 crores for the period ended March 31, 2022.

The company has reported EPS of Rs.2.15 for the period ended March 31, 2023 as compared to Rs.1.53 for the period ended March 31, 2022.

Financials	Q4 FY2023	Q4 FY2022	% Change
Total Income	₹51.6253 crs	₹38.6866 crs	33.44%
Net Profit	₹2.4813 crs	₹1.7368 crs	42.87%
EPS	₹2.15	₹1.53	40.52%

Financial Results (Year Ended FY2023) - YoY Comparison

The company has reported total income of Rs.201.5455 crores during the Financial Year ended March 31, 2023 as compared to Rs.116.2922 crores during the Financial Year ended March 31, 2022.

The company has posted net profit / (loss) of Rs.8.42 crores for the Financial Year ended March 31, 2023 as against net profit / (loss) of Rs.5.8443 crores for the Financial Year ended March 31, 2022.

The company has reported EPS of Rs.7.30 for the Financial Year ended March 31, 2023 as compared to Rs.5.14 for the Financial Year ended March 31, 2022.

Financials	Year Ended FY2023	Year Ended FY2022	% Change
Total Income	₹201.5455 crs	₹116.2922 crs	73.31%
Net Profit	₹8.42 crs	₹5.8443 crs	44.07%
EPS	₹7.30	₹5.14	42.02%

Shares of Riddhi Corporate Services Ltd was last trading in BSE at Rs. 201.10 as compared to the previous close of Rs. 211.65. The total number of shares traded during the day was 518 in over 25 trades.

The stock hit an intraday high of Rs. 201.10 and intraday low of 201.10. The net turnover during the day was Rs. 104169.00.

Source : Equity Bulls

Keywords

RiddhiCorporateServices Q4FY23 FY2023 ResultUpdate