Nirlon Ltd Q1 FY23 PAT declines to Rs. 14.21 crores

NIRLON 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. 138.9766 crores during the period ended June 30, 2022 as compared to Rs. 137.6749 crores during the period ended March 31, 2022.

The company has posted net profit / (loss) of Rs. 14.2199 crores for the period ended June 30, 2022 as against net profit / (loss) of Rs. 37.0435 crores for the period ended March 31, 2022.

The company has reported EPS of Rs. 1.58 for the period ended June 30, 2022 as compared to Rs. 4.11 for the period ended March 31, 2022.

Financials	Q1 FY2023	Q4 FY2022	% Change
Total Income	₹ 138.9766 crs	₹137.6749 crs	0.95%
Net Profit	₹14.2199 crs	₹37.0435 crs	-61.61%
EPS	₹1.58	₹4.11	-61.56%

Financial Results (Q1 FY2023) - YoY Comparison

The company has reported total income of Rs. 138.9766 crores during the period ended June 30, 2022 as compared to Rs.76.0727 crores during the period ended June 30, 2021.

The company has posted net profit / (loss) of Rs.14.2199 crores for the period ended June 30, 2022 as against net profit / (loss) of Rs.26.5342 crores for the period ended June 30, 2021.

The company has reported EPS of Rs.1.58 for the period ended June 30, 2022 as compared to Rs.2.94 for the period ended June 30, 2021.

Financials	Q1 FY2023	Q1 FY2022	% Change
Total Income	₹ 138.9766 crs	₹76.0727 crs	82.69%
Net Profit	₹14.2199 crs	₹26.5342 crs	-46.41%
EPS	₹1.58	₹2.94	-46.26%

Shares of NIRLON LTD. was last trading in BSE at Rs. 381.15 as compared to the previous close of Rs. 380.15. The total number of shares traded during the day was 11139 in over 44 trades.

The stock hit an intraday high of Rs. 385.00 and intraday low of 378.00. The net turnover during the day was Rs. 4268628.00.

Source : Equity Bulls

Keywords

Nirlon Q1FY23 ResultUpdate