Kandagiri Spinning Mills Ltd posts consolidated loss of Rs. 2.78 lakhs in Q1FY23

KANDAGIRI SPINNING MILLS LTD. 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. 0.4659 crores during the period ended June 30, 2022 as compared to Rs. 1.0719 crores during the period ended March 31, 2022.

The company has posted net profit / (loss) of Rs. -0.0278 crores for the period ended June 30, 2022 as against net profit / (loss) of Rs. 0.0758 crores for the period ended March 31, 2022.

The company has reported EPS of Rs. -0.07 for the period ended June 30, 2022 as compared to Rs. 0.20 for the period ended March 31, 2022.

Financials	Q1 FY2023	Q4 FY2022	% Change
Total Income	₹ 0.4659 crs	₹1.0719 crs	-56.54%
Net Profit	₹-0.0278 crs	₹0.0758 crs	-136.68%
EPS	₹-0.07	₹0.20	-135.00%

Financial Results (Q1 FY2023) - YoY Comparison

The company has reported total income of Rs. 0.4659 crores during the period ended June 30, 2022 as compared to Rs.0.4563 crores during the period ended June 30, 2021.

The company has posted net profit / (loss) of Rs.-0.0278 crores for the period ended June 30, 2022 as against net profit / (loss) of Rs.0.3419 crores for the period ended June 30, 2021.

The company has reported EPS of Rs.-0.07 for the period ended June 30, 2022 as compared to Rs.0.89 for the period ended June 30, 2021.

Financials	Q1 FY2023	Q1 FY2022	% Change
Total Income	₹ 0.4659 crs	₹0.4563 crs	2.10%
Net Profit	₹-0.0278 crs	₹0.3419 crs	-108.13%
EPS	₹-0.07	₹0.89	-107.87%

Shares of KANDAGIRI SPINNING MILLS LTD. was last trading in BSE at Rs. 18.10 as compared to the previous close of Rs. 18.00. The total number of shares traded during the day was 2 in over 2 trades.

The stock hit an intraday high of Rs. 18.10 and intraday low of 18.10. The net turnover during the day was Rs. 36.00.

Source : Equity Bulls

Keywords

KandagiriSpinningMills Q1FY23 ResultUpdate