Polychem Ltd consolidated Q1FY23 profit jumps to Rs. 93.26 lakhs

POLYCHEM 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. 14.1631 crores during the period ended June 30, 2022 as compared to Rs. 11.1763 crores during the period ended March 31, 2022.

The company has posted net profit / (loss) of Rs. 0.9326 crores for the period ended June 30, 2022 as against net profit / (loss) of Rs. 0.5575 crores for the period ended March 31, 2022.

The company has reported EPS of Rs. 23.08 for the period ended June 30, 2022 as compared to Rs. 13.80 for the period ended March 31, 2022.

Financials	Q1 FY2023	Q4 FY2022	% Change
Total Income	₹ 14.1631 crs	₹11.1763 crs	26.72%
Net Profit	₹0.9326 crs	₹0.5575 crs	67.28%
EPS	₹23.08	₹13.80	67.25%

Financial Results (Q1 FY2023) - YoY Comparison

The company has reported total income of Rs. 14.1631 crores during the period ended June 30, 2022 as compared to Rs.7.9223 crores during the period ended June 30, 2021.

The company has posted net profit / (loss) of Rs.0.9326 crores for the period ended June 30, 2022 as against net profit / (loss) of Rs.0.2747 crores for the period ended June 30, 2021.

The company has reported EPS of Rs.23.08 for the period ended June 30, 2022 as compared to Rs.6.80 for the period ended June 30, 2021.

Financials	Q1 FY2023	Q1 FY2022	% Change
Total Income	₹ 14.1631 crs	₹7.9223 crs	78.78%
Net Profit	₹0.9326 crs	₹0.2747 crs	239.50%
EPS	₹23.08	₹6.80	239.41%

Shares of POLYCHEM LTD. was last trading in BSE at Rs. 627.20 as compared to the previous close of Rs. 599.15. The total number of shares traded during the day was 161 in over 18 trades.

The stock hit an intraday high of Rs. 631.00 and intraday low of 601.60. The net turnover during the day was Rs. 100389.00.

Source : Equity Bulls

Keywords

Polychem Q1FY23 ResultUpdate