Akshar Spintex Ltd Q1 FY2023 PAT up QoQ at Rs. 1.08 crore

Akshar Spintex 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. 49.1111 crores during the period ended June 30, 2022 as compared to Rs. 48.0123 crores during the period ended March 31, 2022.

The company has posted net profit / (loss) of Rs. 1.0812 crores for the period ended June 30, 2022 as against net profit / (loss) of Rs. 0.3679 crores for the period ended March 31, 2022.

The company has reported EPS of Rs. 0.43 for the period ended June 30, 2022 as compared to Rs. 0.15 for the period ended March 31, 2022.

Financials	Q1 FY2023	Q4 FY2022	% Change
Total Income	₹ 49.1111 crs	₹48.0123 crs	2.29%
Net Profit	₹1.0812 crs	₹0.3679 crs	193.88%
EPS	₹0.43	₹0.15	186.67%

Financial Results (Q1 FY2023) - YoY Comparison

The company has reported total income of Rs. 49.1111 crores during the period ended June 30, 2022 as compared to Rs.34.7799 crores during the period ended June 30, 2021.

The company has posted net profit / (loss) of Rs.1.0812 crores for the period ended June 30, 2022 as against net profit / (loss) of Rs.3.4776 crores for the period ended June 30, 2021.

The company has reported EPS of Rs.0.43 for the period ended June 30, 2022 as compared to Rs.1.39 for the period ended June 30, 2021.

Financials	Q1 FY2023	Q1 FY2022	% Change
Total Income	₹ 49.1111 crs	₹34.7799 crs	41.21%
Net Profit	₹1.0812 crs	₹3.4776 crs	-68.91%
EPS	₹0.43	₹1.39	-69.06%

Shares of Akshar Spintex Ltd was last trading in BSE at Rs. 112.85 as compared to the previous close of Rs. 112.80. The total number of shares traded during the day was 3320 in over 146 trades.

The stock hit an intraday high of Rs. 115.00 and intraday low of 111.20. The net turnover during the day was Rs. 374572.00.

Source : Equity Bulls

Keywords

AksharSpintex Q1FY23 ResultUpdate