Asian Tea and Exports Ltd Q1FY23 consolidated net profit slips to Rs. 74.24 lakhs

ASIAN TEA & EXPORTS LTD. 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. 8.2819 crores during the period ended June 30, 2022 as compared to Rs. 45.4760 crores during the period ended March 31, 2022.

The company has posted net profit / (loss) of Rs. 0.7424 crores for the period ended June 30, 2022 as against net profit / (loss) of Rs. 0.9058 crores for the period ended March 31, 2022.

The company has reported EPS of Rs. 0.37 for the period ended June 30, 2022 as compared to Rs. 1.80 for the period ended March 31, 2022.

Financials	Q1 FY2023	Q4 FY2022	% Change
Total Income	₹ 8.2819 crs	₹45.4760 crs	-81.79%
Net Profit	₹0.7424 crs	₹0.9058 crs	-18.04%
EPS	₹0.37	₹1.80	-79.44%

Financial Results (Q1 FY2023) - YoY Comparison

The company has reported total income of Rs. 8.2819 crores during the period ended June 30, 2022 as compared to Rs.16.8014 crores during the period ended June 30, 2021.

The company has posted net profit / (loss) of Rs.0.7424 crores for the period ended June 30, 2022 as against net profit / (loss) of Rs.0.3794 crores for the period ended June 30, 2021.

The company has reported EPS of Rs.0.37 for the period ended June 30, 2022 as compared to Rs.0.38 for the period ended June 30, 2021.

Financials	Q1 FY2023	Q1 FY2022	% Change
Total Income	₹ 8.2819 crs	₹16.8014 crs	-50.71%
Net Profit	₹0.7424 crs	₹0.3794 crs	95.68%
EPS	₹0.37	₹0.38	-2.63%

Shares of ASIAN TEA & EXPORTS LTD. was last trading in BSE at Rs. 12.84 as compared to the previous close of Rs. 12.82. The total number of shares traded during the day was 42123 in over 206 trades.

The stock hit an intraday high of Rs. 13.17 and intraday low of 12.70. The net turnover during the day was Rs. 542123.00.

Source : Equity Bulls

Keywords

AsianTeaandExports Q1FY23 ResultUpdate