Incredible Industries Ltd Q1 FY2023 profit slides to Rs. 29.66 lakhs

Adhunik Industries 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. 182.5877 crores during the period ended June 30, 2022 as compared to Rs. 182.2094 crores during the period ended March 31, 2022.

The company has posted net profit / (loss) of Rs. 0.2966 crores for the period ended June 30, 2022 as against net profit / (loss) of Rs. 2.3855 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. 0.51 for the period ended March 31, 2022.

Financials	Q1 FY2023	Q4 FY2022	% Change
Total Income	₹ 182.5877 crs	₹182.2094 crs	0.21%
Net Profit	₹0.2966 crs	₹2.3855 crs	-87.57%
EPS	₹0.07	₹0.51	-86.27%

Financial Results (Q1 FY2023) - YoY Comparison

The company has reported total income of Rs. 182.5877 crores during the period ended June 30, 2022 as compared to Rs.137.2883 crores during the period ended June 30, 2021.

The company has posted net profit / (loss) of Rs.0.2966 crores for the period ended June 30, 2022 as against net profit / (loss) of Rs.0.6775 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.0.15 for the period ended June 30, 2021.

Financials	Q1 FY2023	Q1 FY2022	% Change
Total Income	₹ 182.5877 crs	₹137.2883 crs	33.00%
Net Profit	₹0.2966 crs	₹0.6775 crs	-56.22%
EPS	₹0.07	₹0.15	-53.33%

Shares of Adhunik Industries Limited was last trading in BSE at Rs. 24.90 as compared to the previous close of Rs. 24.95. The total number of shares traded during the day was 890 in over 38 trades.

The stock hit an intraday high of Rs. 25.55 and intraday low of 24.30. The net turnover during the day was Rs. 22150.00.

Source : Equity Bulls

Keywords

IncredibleIndustries Q1FY23 ResultUpdate