Shalimar Wire Industries Ltd Q1 FY2023 profit at Rs. 5.23 lakhs

SHALIMAR WIRES INDUSTRIES 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. 29.1101 crores during the period ended June 30, 2022 as compared to Rs. 26.5041 crores during the period ended March 31, 2022.

The company has posted net profit / (loss) of Rs. 0.0523 crores for the period ended June 30, 2022 as against net profit / (loss) of Rs. 9.6301 crores for the period ended March 31, 2022.

The company has reported EPS of Rs. 0.01 for the period ended June 30, 2022 as compared to Rs. 2.25 for the period ended March 31, 2022.

Financials	Q1 FY2023	Q4 FY2022	% Change
Total Income	₹ 29.1101 crs	₹26.5041 crs	9.83%
Net Profit	₹0.0523 crs	₹9.6301 crs	-99.46%
EPS	₹0.01	₹2.25	-99.56%

Financial Results (Q1 FY2023) - YoY Comparison

The company has reported total income of Rs. 29.1101 crores during the period ended June 30, 2022 as compared to Rs.22.4861 crores during the period ended June 30, 2021.

The company has posted net profit / (loss) of Rs.0.0523 crores for the period ended June 30, 2022 as against net profit / (loss) of Rs.-4.1608 crores for the period ended June 30, 2021.

The company has reported EPS of Rs.0.01 for the period ended June 30, 2022 as compared to Rs.-0.97 for the period ended June 30, 2021.

Financials	Q1 FY2023	Q1 FY2022	% Change
Total Income	₹ 29.1101 crs	₹22.4861 crs	29.46%
Net Profit	₹0.0523 crs	₹-4.1608 crs	101.26%
EPS	₹0.01	₹-0.97	101.03%

Shares of SHALIMAR WIRES INDUSTRIES LTD. was last trading in BSE at Rs. 9.25 as compared to the previous close of Rs. 9.21. The total number of shares traded during the day was 5354 in over 44 trades.

The stock hit an intraday high of Rs. 9.50 and intraday low of 9.25. The net turnover during the day was Rs. 50069.00.

Source : Equity Bulls

Keywords

ShalimarWiresIndustries Q1FY23 ResultUpdate