Grovy India Ltd reports QoQ fall in Q1FY23 profit to Rs. 13.26 lakhs

Grovy India 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. 4.3235 crores during the period ended June 30, 2022 as compared to Rs. 6.9416 crores during the period ended March 31, 2022.

The company has posted net profit / (loss) of Rs. 0.1326 crores for the period ended June 30, 2022 as against net profit / (loss) of Rs. 0.4236 crores for the period ended March 31, 2022.

The company has reported EPS of Rs. 0.53 for the period ended June 30, 2022 as compared to Rs. 1.68 for the period ended March 31, 2022.

Financials	Q1 FY2023	Q4 FY2022	% Change
Total Income	₹ 4.3235 crs	₹6.9416 crs	-37.72%
Net Profit	₹0.1326 crs	₹0.4236 crs	-68.70%
EPS	₹0.53	₹1.68	-68.45%

Financial Results (Q1 FY2023) - YoY Comparison

The company has reported total income of Rs. 4.3235 crores during the period ended June 30, 2022 as compared to Rs.4.2378 crores during the period ended June 30, 2021.

The company has posted net profit / (loss) of Rs.0.1326 crores for the period ended June 30, 2022 as against net profit / (loss) of Rs.-0.0897 crores for the period ended June 30, 2021.

The company has reported EPS of Rs.0.53 for the period ended June 30, 2022 as compared to Rs.-0.36 for the period ended June 30, 2021.

Financials	Q1 FY2023	Q1 FY2022	% Change
Total Income	₹ 4.3235 crs	₹4.2378 crs	2.02%
Net Profit	₹0.1326 crs	₹-0.0897 crs	247.83%
EPS	₹0.53	₹-0.36	247.22%

Shares of Grovy India Ltd was last trading in BSE at Rs. 74.65 as compared to the previous close of Rs. 77.00. The total number of shares traded during the day was 12 in over 1 trades.

The stock hit an intraday high of Rs. 74.65 and intraday low of 74.65. The net turnover during the day was Rs. 895.00.

Source : Equity Bulls

Keywords

GrovyIndia Q1FY23 ResultUpdate