Enkei Wheels India Ltd Q2 CY2023 PAT jumps to Rs. 8.04 crores

ENKEI WHEELS (INDIA) LTD. has reported Standalone financial results for the period ended June 30, 2023.

Financial Results (Q2 CY2023) - QoQ Comparison

The company has reported total income of Rs. 185.955 crores during the period ended June 30, 2023 as compared to Rs. 133.727 crores during the period ended March 31, 2023.

The company has posted net profit / (loss) of Rs. 8.04 crores for the period ended June 30, 2023 as against net profit / (loss) of Rs. -4.401 crores for the period ended March 31, 2023.

The company has reported EPS of Rs. 4.47 for the period ended June 30, 2023 as compared to Rs. -2.45 for the period ended March 31, 2023.

Financials	Q2 CY2023	Q1 CY2023	% Change
Total Income	₹185.955 crs	₹133.727 crs	39.06%
Net Profit	₹8.04 crs	₹-4.401 crs	282.69%
EPS	₹4.47	₹-2.45	282.45%

Financial Results (Q2 CY2023) - YoY Comparison

The company has reported total income of Rs.185.955 crores during the period ended June 30, 2023 as compared to Rs.168.271 crores during the period ended June 30, 2022.

The company has posted net profit / (loss) of Rs.8.04 crores for the period ended June 30, 2023 as against net profit / (loss) of Rs.-4.526 crores for the period ended June 30, 2022.

The company has reported EPS of Rs.4.47 for the period ended June 30, 2023 as compared to Rs.-2.52 for the period ended June 30, 2022.

Financials	Q2 CY2023	Q2 CY2022	% Change
Total Income	₹185.955 crs	₹168.271 crs	10.51%
Net Profit	₹8.04 crs	₹-4.526 crs	277.64%
EPS	₹4.47	₹-2.52	277.38%

Financial Results (Half Year Ended CY2023) - YoY Comparison

The company has reported total income of Rs.319.682 crores during the 6 Months period ended June 30, 2023 as compared to Rs.342.571 crores during the 6 Months period ended June 30, 2022.

The company has posted net profit / (loss) of Rs.3.639 crores for the 6 Months period ended June 30, 2023 as against net profit / (loss) of Rs.4.376 crores for the 6 Months period ended June 30, 2022.

The company has reported EPS of Rs.2.02 for the 6 Months period ended June 30, 2023 as compared to Rs.2.43 for the 6 Months period ended June 30, 2022.

Financials	Half Year Ended CY2023	Half Year Ended CY2022	% Change
Total Income	₹319.682 crs	₹342.571 crs	-6.68%
Net Profit	₹3.639 crs	₹4.376 crs	-16.84%
EPS	₹2.02	₹2.43	-16.87%

Shares of ENKEI WHEELS (INDIA) LTD. was last trading in BSE at Rs. 521.85 as compared to the previous close of Rs. 528.00. The total number of shares traded during the day was 3234 in over 123 trades.

The stock hit an intraday high of Rs. 539.95 and intraday low of 515.00. The net turnover during the day was Rs. 1695218.00.

Source : Equity Bulls

Keywords

EnkeiWheelsIndia Q2CY23 H1CY23 ResultUpdate