Bannari Amman Spinning Mills Ltd reports consolidated PAT of Rs. 5.87 crores in Q1 FY23

Bannari Amman Spinning Mills Limited 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. 383.5012 crores during the period ended June 30, 2022 as compared to Rs. 465.3144 crores during the period ended March 31, 2022.

The company has posted net profit / (loss) of Rs. 5.8798 crores for the period ended June 30, 2022 as against net profit / (loss) of Rs. -0.3395 crores for the period ended March 31, 2022.

The company has reported EPS of Rs. 0.91 for the period ended June 30, 2022 as compared to Rs. -0.05 for the period ended March 31, 2022.

Financials	Q1 FY2023	Q4 FY2022	% Change
Total Income	₹ 383.5012 crs	₹465.3144 crs	-17.58%
Net Profit	₹5.8798 crs	₹-0.3395 crs	1,831.90%
EPS	₹0.91	₹-0.05	1,920.00%

Financial Results (Q1 FY2023) - YoY Comparison

The company has reported total income of Rs. 383.5012 crores during the period ended June 30, 2022 as compared to Rs.252.8223 crores during the period ended June 30, 2021.

The company has posted net profit / (loss) of Rs.5.8798 crores for the period ended June 30, 2022 as against net profit / (loss) of Rs.14.3115 crores for the period ended June 30, 2021.

The company has reported EPS of Rs.0.91 for the period ended June 30, 2022 as compared to Rs.4.54 for the period ended June 30, 2021.

Financials	Q1 FY2023	Q1 FY2022	% Change
Total Income	₹ 383.5012 crs	₹252.8223 crs	51.69%
Net Profit	₹5.8798 crs	₹14.3115 crs	-58.92%
EPS	₹0.91	₹4.54	-79.96%

Shares of Bannari Amman Spinning Mills Limited was last trading in BSE at Rs. 53.45 as compared to the previous close of Rs. 54.90. The total number of shares traded during the day was 12797 in over 163 trades.

The stock hit an intraday high of Rs. 54.70 and intraday low of 53.10. The net turnover during the day was Rs. 692806.00.

Source : Equity Bulls

Keywords

BannariAmmanSpinningMills Q1FY23 ResultUpdate BASML