Shriram Asset Management Company Ltd Q1FY23 loss at Rs. 1.67 crore

SHRIRAM ASSET MANAGEMENT CO.LTD. has reported Standalone financial results for the period ended June 30, 2022.

Financial Results (Q1 FY2023) - QoQ Comparison

The company has reported total income of Rs. 0.8929 crores during the period ended June 30, 2022 as compared to Rs. 1.0253 crores during the period ended March 31, 2022.

The company has posted net profit / (loss) of Rs. -1.6728 crores for the period ended June 30, 2022 as against net profit / (loss) of Rs. -1.6633 crores for the period ended March 31, 2022.

The company has reported EPS of Rs. -2.16 for the period ended June 30, 2022 as compared to Rs. -2.88 for the period ended March 31, 2022.

Financials	Q1 FY2023	Q4 FY2022	% Change
Total Income	₹ 0.8929 crs	₹1.0253 crs	-12.91%
Net Profit	₹-1.6728 crs	₹-1.6633 crs	0.57%
EPS	₹-2.16	₹-2.88	25.00%

Financial Results (Q1 FY2023) - YoY Comparison

The company has reported total income of Rs. 0.8929 crores during the period ended June 30, 2022 as compared to Rs.1.2865 crores during the period ended June 30, 2021.

The company has posted net profit / (loss) of Rs.-1.6728 crores for the period ended June 30, 2022 as against net profit / (loss) of Rs.0.0621 crores for the period ended June 30, 2021.

The company has reported EPS of Rs.-2.16 for the period ended June 30, 2022 as compared to Rs.0.10 for the period ended June 30, 2021.

Financials	Q1 FY2023	Q1 FY2022	% Change
Total Income	₹ 0.8929 crs	₹1.2865 crs	-30.59%
Net Profit	₹-1.6728 crs	₹0.0621 crs	-2,793.72%
EPS	₹-2.16	₹0.10	-2,260.00%

Shares of SHRIRAM ASSET MANAGEMENT CO.LTD. was last trading in BSE at Rs. 150.00 as compared to the previous close of Rs. 150.00. The total number of shares traded during the day was 1355 in over 13 trades.

The stock hit an intraday high of Rs. 155.00 and intraday low of 145.15. The net turnover during the day was Rs. 208469.00.

Source : Equity Bulls

Keywords

ShriramAssetManagementCompany Q1FY23 ResultUpdate