Global Offshore Services Ltd Q1 FY2023 consolidated loss at Rs. 34.15 crores

GLOBAL OFFSHORE SERVICES 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. 20.0804 crores during the period ended June 30, 2022 as compared to Rs. 19.2349 crores during the period ended March 31, 2022.

The company has posted net profit / (loss) of Rs. -34.1573 crores for the period ended June 30, 2022 as against net profit / (loss) of Rs. -13.6141 crores for the period ended March 31, 2022.

The company has reported EPS of Rs. -13.81 for the period ended June 30, 2022 as compared to Rs. -5.51 for the period ended March 31, 2022.

Financials	Q1 FY2023	Q4 FY2022	% Change
Total Income	₹ 20.0804 crs	₹19.2349 crs	4.40%
Net Profit	₹-34.1573 crs	₹-13.6141 crs	150.90%
EPS	₹-13.81	₹-5.51	150.64%

Financial Results (Q1 FY2023) - YoY Comparison

The company has reported total income of Rs. 20.0804 crores during the period ended June 30, 2022 as compared to Rs.18.6746 crores during the period ended June 30, 2021.

The company has posted net profit / (loss) of Rs.-34.1573 crores for the period ended June 30, 2022 as against net profit / (loss) of Rs.-16.0830 crores for the period ended June 30, 2021.

The company has reported EPS of Rs.-13.81 for the period ended June 30, 2022 as compared to Rs.-6.50 for the period ended June 30, 2021.

Financials	Q1 FY2023	Q1 FY2022	% Change
Total Income	₹ 20.0804 crs	₹18.6746 crs	7.53%
Net Profit	₹-34.1573 crs	₹-16.0830 crs	112.38%
EPS	₹-13.81	₹-6.50	112.46%

Shares of GLOBAL OFFSHORE SERVICES LTD. was last trading in BSE at Rs. 46.60 as compared to the previous close of Rs. 44.90. The total number of shares traded during the day was 15110 in over 131 trades.

The stock hit an intraday high of Rs. 47.10 and intraday low of 43.60. The net turnover during the day was Rs. 694409.00.

Source : Equity Bulls

Keywords

GlobalOffshoreServices Q1FY23 ResultUpdate