Axel Polymers Ltd Q1 FY2022-23 profit at Rs. 25.80 lakhs

AXEL POLYMERS 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. 18.8696 crores during the period ended June 30, 2022 as compared to Rs. 24.5943 crores during the period ended March 31, 2022.

The company has posted net profit / (loss) of Rs. 0.2580 crores for the period ended June 30, 2022 as against net profit / (loss) of Rs. 0.1316 crores for the period ended March 31, 2022.

The company has reported EPS of Rs. 0.30 for the period ended June 30, 2022 as compared to Rs. 0.31 for the period ended March 31, 2022.

Financials	Q1 FY2023	Q4 FY2022	% Change
Total Income	₹ 18.8696 crs	₹24.5943 crs	-23.28%
Net Profit	₹0.2580 crs	₹0.1316 crs	96.05%
EPS	₹0.30	₹0.31	-3.23%

Financial Results (Q1 FY2023) - YoY Comparison

The company has reported total income of Rs. 18.8696 crores during the period ended June 30, 2022 as compared to Rs.7.9355 crores during the period ended June 30, 2021.

The company has posted net profit / (loss) of Rs.0.2580 crores for the period ended June 30, 2022 as against net profit / (loss) of Rs.0.2501 crores for the period ended June 30, 2021.

The company has reported EPS of Rs.0.30 for the period ended June 30, 2022 as compared to Rs.0.29 for the period ended June 30, 2021.

Financials	Q1 FY2023	Q1 FY2022	% Change
Total Income	₹ 18.8696 crs	₹7.9355 crs	137.79%
Net Profit	₹0.2580 crs	₹0.2501 crs	3.16%
EPS	₹0.30	₹0.29	3.45%

Shares of AXEL POLYMERS LTD. was last trading in BSE at Rs. 47.25 as compared to the previous close of Rs. 45.00. The total number of shares traded during the day was 1866 in over 28 trades.

The stock hit an intraday high of Rs. 47.25 and intraday low of 42.75. The net turnover during the day was Rs. 86743.00.

Source : Equity Bulls

Keywords

AxelPolymers Q1FY23 ResultUpdate