Sumeru Industries Ltd reports loss of Rs. 0.07 lakhs in Q1FY23

SUMERU INDUSTRIES 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. 0.0808 crores during the period ended June 30, 2022 as compared to Rs. 0.1096 crores during the period ended March 31, 2022.

The company has posted net profit / (loss) of Rs. -0.0070 crores for the period ended June 30, 2022 as against net profit / (loss) of Rs. 0.0519 crores for the period ended March 31, 2022.

The company has reported EPS of Rs. -0.001 for the period ended June 30, 2022 as compared to Rs. 0.007 for the period ended March 31, 2022.

Financials	Q1 FY2023	Q4 FY2022	% Change
Total Income	₹ 0.0808 crs	₹0.1096 crs	-26.28%
Net Profit	₹-0.0070 crs	₹0.0519 crs	-113.49%
EPS	₹-0.001	₹0.007	-114.29%

Financial Results (Q1 FY2023) - YoY Comparison

The company has reported total income of Rs. 0.0808 crores during the period ended June 30, 2022 as compared to Rs.0.0631 crores during the period ended June 30, 2021.

The company has posted net profit / (loss) of Rs.-0.0070 crores for the period ended June 30, 2022 as against net profit / (loss) of Rs.-0.0298 crores for the period ended June 30, 2021.

The company has reported EPS of Rs.-0.001 for the period ended June 30, 2022 as compared to Rs.-0.004 for the period ended June 30, 2021.

Financials	Q1 FY2023	Q1 FY2022	% Change
Total Income	₹ 0.0808 crs	₹0.0631 crs	28.05%
Net Profit	₹-0.0070 crs	₹-0.0298 crs	76.51%
EPS	₹-0.001	₹-0.004	75.00%

Shares of SUMERU INDUSTRIES LTD. was last trading in BSE at Rs. 2.20 as compared to the previous close of Rs. 2.31. The total number of shares traded during the day was 14561 in over 48 trades.

The stock hit an intraday high of Rs. 2.31 and intraday low of 2.20. The net turnover during the day was Rs. 32341.00.

Source : Equity Bulls

Keywords

SumeruIndustries Q1FY23 ResultUpdate