ADC India Communications Ltd Q1FY23 net profit slides QOQ to Rs. 2.33 crore

ADC India Communications 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. 33.2152 crores during the period ended June 30, 2022 as compared to Rs. 34.2841 crores during the period ended March 31, 2022.

The company has posted net profit / (loss) of Rs. 2.3357 crores for the period ended June 30, 2022 as against net profit / (loss) of Rs. 2.9062 crores for the period ended March 31, 2022.

The company has reported EPS of Rs. 5.08 for the period ended June 30, 2022 as compared to Rs. 6.32 for the period ended March 31, 2022.

Financials	Q1 FY2023	Q4 FY2022	% Change
Total Income	₹ 33.2152 crs	₹34.2841 crs	-3.12%
Net Profit	₹2.3357 crs	₹2.9062 crs	-19.63%
EPS	₹5.08	₹6.32	-19.62%

Financial Results (Q1 FY2023) - YoY Comparison

The company has reported total income of Rs. 33.2152 crores during the period ended June 30, 2022 as compared to Rs.27.3053 crores during the period ended June 30, 2021.

The company has posted net profit / (loss) of Rs.2.3357 crores for the period ended June 30, 2022 as against net profit / (loss) of Rs.1.9759 crores for the period ended June 30, 2021.

The company has reported EPS of Rs.5.08 for the period ended June 30, 2022 as compared to Rs.4.30 for the period ended June 30, 2021.

Financials	Q1 FY2023	Q1 FY2022	% Change
Total Income	₹ 33.2152 crs	₹27.3053 crs	21.64%
Net Profit	₹2.3357 crs	₹1.9759 crs	18.21%
EPS	₹5.08	₹4.30	18.14%

Shares of ADC India Communications Limited was last trading in BSE at Rs. 328.15 as compared to the previous close of Rs. 327.95. The total number of shares traded during the day was 541 in over 37 trades.

The stock hit an intraday high of Rs. 337.50 and intraday low of 327.00. The net turnover during the day was Rs. 180413.00.

Source : Equity Bulls

Keywords

ADCIndiaCommunications Q1FY23 ResultUpdate