Suryavanshi Spinning Mills Ltd Q1 FY2022-23 net profit jumps to Rs. 4.74 crores

SURYAVANSHI SPINNING MILLS 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. 18.0568 crores during the period ended June 30, 2022 as compared to Rs. 15.5776 crores during the period ended March 31, 2022.

The company has posted net profit / (loss) of Rs. 4.7422 crores for the period ended June 30, 2022 as against net profit / (loss) of Rs. 0.8214 crores for the period ended March 31, 2022.

The company has reported EPS of Rs. 9.66 for the period ended June 30, 2022 as compared to Rs. 1.67 for the period ended March 31, 2022.

Financials	Q1 FY2023	Q4 FY2022	% Change
Total Income	₹ 18.0568 crs	₹15.5776 crs	15.92%
Net Profit	₹4.7422 crs	₹0.8214 crs	477.33%
EPS	₹9.66	₹1.67	478.44%

Financial Results (Q1 FY2023) - YoY Comparison

The company has reported total income of Rs. 18.0568 crores during the period ended June 30, 2022 as compared to Rs.10.7282 crores during the period ended June 30, 2021.

The company has posted net profit / (loss) of Rs.4.7422 crores for the period ended June 30, 2022 as against net profit / (loss) of Rs.-0.5555 crores for the period ended June 30, 2021.

The company has reported EPS of Rs.9.66 for the period ended June 30, 2022 as compared to Rs.-1.13 for the period ended June 30, 2021.

Financials	Q1 FY2023	Q1 FY2022	% Change
Total Income	₹ 18.0568 crs	₹10.7282 crs	68.31%
Net Profit	₹4.7422 crs	₹-0.5555 crs	953.68%
EPS	₹9.66	₹-1.13	954.87%

Shares of SURYAVANSHI SPINNING MILLS LTD. was last trading in BSE at Rs. 24.55 as compared to the previous close of Rs. 25.35. The total number of shares traded during the day was 2962 in over 7 trades.

The stock hit an intraday high of Rs. 24.60 and intraday low of 24.55. The net turnover during the day was Rs. 72817.00.

Source : Equity Bulls

Keywords

SuryavanshiSpinningMills Q1FY23 ResultUpdate