Super Spinning Mills Ltd Q1 FY2023 loss at Rs. 2.14 crore

Super Spinning Mills Limited 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. 25.4594 crores during the period ended June 30, 2022 as compared to Rs. 24.6424 crores during the period ended March 31, 2022.

The company has posted net profit / (loss) of Rs. -2.1434 crores for the period ended June 30, 2022 as against net profit / (loss) of Rs. 2.8213 crores for the period ended March 31, 2022.

The company has reported EPS of Rs. -0.39 for the period ended June 30, 2022 as compared to Rs. 0.51 for the period ended March 31, 2022.

Financials	Q1 FY2023	Q4 FY2022	% Change
Total Income	₹ 25.4594 crs	₹24.6424 crs	3.32%
Net Profit	₹-2.1434 crs	₹2.8213 crs	-175.97%
EPS	₹-0.39	₹0.51	-176.47%

Financial Results (Q1 FY2023) - YoY Comparison

The company has reported total income of Rs. 25.4594 crores during the period ended June 30, 2022 as compared to Rs.16.4182 crores during the period ended June 30, 2021.

The company has posted net profit / (loss) of Rs.-2.1434 crores for the period ended June 30, 2022 as against net profit / (loss) of Rs.-0.4485 crores for the period ended June 30, 2021.

The company has reported EPS of Rs.-0.39 for the period ended June 30, 2022 as compared to Rs.-0.08 for the period ended June 30, 2021.

Financials	Q1 FY2023	Q1 FY2022	% Change
Total Income	₹ 25.4594 crs	₹16.4182 crs	55.07%
Net Profit	₹-2.1434 crs	₹-0.4485 crs	377.90%
EPS	₹-0.39	₹-0.08	387.50%

Shares of Super Spinning Mills Limited was last trading in BSE at Rs. 9.95 as compared to the previous close of Rs. 9.92. The total number of shares traded during the day was 7962 in over 67 trades.

The stock hit an intraday high of Rs. 10.20 and intraday low of 9.55. The net turnover during the day was Rs. 79076.00.

Source : Equity Bulls

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SuperSpinningMills Q1FY23 ResultUpdate