Alkali Metals Ltd Q1 FY2023 net profit jumps to Rs. 1.12 crore

Alkali Metals 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. 22.1892 crores during the period ended June 30, 2022 as compared to Rs. 29.9326 crores during the period ended March 31, 2022.

The company has posted net profit / (loss) of Rs. 1.1228 crores for the period ended June 30, 2022 as against net profit / (loss) of Rs. 0.4569 crores for the period ended March 31, 2022.

The company has reported EPS of Rs. 1.10 for the period ended June 30, 2022 as compared to Rs. 0.45 for the period ended March 31, 2022.

Financials	Q1 FY2023	Q4 FY2022	% Change
Total Income	₹ 22.1892 crs	₹29.9326 crs	-25.87%
Net Profit	₹1.1228 crs	₹0.4569 crs	145.74%
EPS	₹1.10	₹0.45	144.44%

Financial Results (Q1 FY2023) - YoY Comparison

The company has reported total income of Rs. 22.1892 crores during the period ended June 30, 2022 as compared to Rs.13.5301 crores during the period ended June 30, 2021.

The company has posted net profit / (loss) of Rs.1.1228 crores for the period ended June 30, 2022 as against net profit / (loss) of Rs.-0.9274 crores for the period ended June 30, 2021.

The company has reported EPS of Rs.1.10 for the period ended June 30, 2022 as compared to Rs.-0.91 for the period ended June 30, 2021.

Financials	Q1 FY2023	Q1 FY2022	% Change
Total Income	₹ 22.1892 crs	₹13.5301 crs	64.00%
Net Profit	₹1.1228 crs	₹-0.9274 crs	221.07%
EPS	₹1.10	₹-0.91	220.88%

Shares of Alkali Metals Limited was last trading in BSE at Rs. 84.95 as compared to the previous close of Rs. 85.60. The total number of shares traded during the day was 749 in over 44 trades.

The stock hit an intraday high of Rs. 88.50 and intraday low of 84.05. The net turnover during the day was Rs. 64262.00.

Source : Equity Bulls

Keywords

AlkaliMetals Q1FY23 ResultUpdate