Standard Industries Ltd consolidated Q1FY23 net profit at Rs. 3.10 crores

Standard Industries 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. 15.1174 crores during the period ended June 30, 2022 as compared to Rs. 435.2051 crores during the period ended March 31, 2022.

The company has posted net profit / (loss) of Rs. 3.1082 crores for the period ended June 30, 2022 as against net profit / (loss) of Rs. 178.9260 crores for the period ended March 31, 2022.

The company has reported EPS of Rs. 0.48 for the period ended June 30, 2022 as compared to Rs. 27.81 for the period ended March 31, 2022.

Financials	Q1 FY2023	Q4 FY2022	% Change
Total Income	₹ 15.1174 crs	₹435.2051 crs	-96.53%
Net Profit	₹3.1082 crs	₹178.9260 crs	-98.26%
EPS	₹0.48	₹27.81	-98.27%

Financial Results (Q1 FY2023) - YoY Comparison

The company has reported total income of Rs. 15.1174 crores during the period ended June 30, 2022 as compared to Rs.8.9127 crores during the period ended June 30, 2021.

The company has posted net profit / (loss) of Rs.3.1082 crores for the period ended June 30, 2022 as against net profit / (loss) of Rs.2.0658 crores for the period ended June 30, 2021.

The company has reported EPS of Rs.0.48 for the period ended June 30, 2022 as compared to Rs.0.32 for the period ended June 30, 2021.

Financials	Q1 FY2023	Q1 FY2022	% Change
Total Income	₹ 15.1174 crs	₹8.9127 crs	69.62%
Net Profit	₹3.1082 crs	₹2.0658 crs	50.46%
EPS	₹0.48	₹0.32	50.00%

Shares of Standard Industries Limited was last trading in BSE at Rs. 25.10 as compared to the previous close of Rs. 24.70. The total number of shares traded during the day was 109754 in over 335 trades.

The stock hit an intraday high of Rs. 25.10 and intraday low of 24.70. The net turnover during the day was Rs. 2745638.00.

Source : Equity Bulls

Keywords

StandardIndustries Q1FY23 ResultUpdate