United Credit Ltd Q1 FY2023 profit declines to Rs. 10.95 lakhs

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. 0.7345 crores during the period ended June 30, 2022 as compared to Rs. 1.0357 crores during the period ended March 31, 2022.

The company has posted net profit / (loss) of Rs. 0.1095 crores for the period ended June 30, 2022 as against net profit / (loss) of Rs. 0.2633 crores for the period ended March 31, 2022.

The company has reported EPS of Rs. 0.21 for the period ended June 30, 2022 as compared to Rs. 0.49 for the period ended March 31, 2022.

Financials	Q1 FY2023	Q4 FY2022	% Change
Total Income	₹ 0.7345 crs	₹1.0357 crs	-29.08%
Net Profit	₹0.1095 crs	₹0.2633 crs	-58.41%
EPS	₹0.21	₹0.49	-57.14%

Financial Results (Q1 FY2023) - YoY Comparison

The company has reported total income of Rs. 0.7345 crores during the period ended June 30, 2022 as compared to Rs.0.7001 crores during the period ended June 30, 2021.

The company has posted net profit / (loss) of Rs.0.1095 crores for the period ended June 30, 2022 as against net profit / (loss) of Rs.0.2296 crores for the period ended June 30, 2021.

The company has reported EPS of Rs.0.21 for the period ended June 30, 2022 as compared to Rs.0.43 for the period ended June 30, 2021.

Financials	Q1 FY2023	Q1 FY2022	% Change
Total Income	₹ 0.7345 crs	₹0.7001 crs	4.91%
Net Profit	₹0.1095 crs	₹0.2296 crs	-52.31%
EPS	₹0.21	₹0.43	-51.16%

Source : Equity Bulls

Keywords

UnitedCredit Q1FY23 ResultUpdate