CARE Ratings Ltd reports consolidated PAT of Rs. 13.66 crores in Q1 FY2022-23

CARE Ratings Limited has reported Consolidated financial results for the period ended June 30, 2022.

Financial Results (Q1 FY2023) - QoQ Comparison

The company has reported total income of Rs. 62.0917 crores during the period ended June 30, 2022 as compared to Rs. 73.0579 crores during the period ended March 31, 2022.

The company has posted net profit / (loss) of Rs. 13.6661 crores for the period ended June 30, 2022 as against net profit / (loss) of Rs. 22.8999 crores for the period ended March 31, 2022.

The company has reported EPS of Rs. 4.61 for the period ended June 30, 2022 as compared to Rs. 7.68 for the period ended March 31, 2022.

Financials	Q1 FY2023	Q4 FY2022	% Change
Total Income	₹ 62.0917 crs	₹73.0579 crs	-15.01%
Net Profit	₹13.6661 crs	₹22.8999 crs	-40.32%
EPS	₹4.61	₹7.68	-39.97%

Financial Results (Q1 FY2023) - YoY Comparison

The company has reported total income of Rs. 62.0917 crores during the period ended June 30, 2022 as compared to Rs.56.5218 crores during the period ended June 30, 2021.

The company has posted net profit / (loss) of Rs.13.6661 crores for the period ended June 30, 2022 as against net profit / (loss) of Rs.11.0423 crores for the period ended June 30, 2021.

The company has reported EPS of Rs.4.61 for the period ended June 30, 2022 as compared to Rs.3.65 for the period ended June 30, 2021.

Financials	Q1 FY2023	Q1 FY2022	% Change
Total Income	₹ 62.0917 crs	₹56.5218 crs	9.85%
Net Profit	₹13.6661 crs	₹11.0423 crs	23.76%
EPS	₹4.61	₹3.65	26.30%

Shares of CARE Ratings Limited was last trading in BSE at Rs. 452.50 as compared to the previous close of Rs. 448.15. The total number of shares traded during the day was 8961 in over 636 trades.

The stock hit an intraday high of Rs. 459.00 and intraday low of 447.60. The net turnover during the day was Rs. 4070772.00.

Source : Equity Bulls

Keywords

CARERatings Q1FY23 ResultUpdate