Ace Men Engg Works Ltd Q1 FY2023 net profit at Rs. 26.54 lakhs

Ace Men Engg Works 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. 1.1399 crores during the period ended June 30, 2022 as compared to Rs. 4 crores during the period ended March 31, 2022.

The company has posted net profit / (loss) of Rs. 0.2654 crores for the period ended June 30, 2022 as against net profit / (loss) of Rs. 0.33 crores for the period ended March 31, 2022.

The company has reported EPS of Rs. 0.86 for the period ended June 30, 2022 as compared to Rs. 1.07 for the period ended March 31, 2022.

Financials	Q1 FY2023	Q4 FY2022	% Change
Total Income	₹ 1.1399 crs	₹4 crs	-71.50%
Net Profit	₹0.2654 crs	₹0.33 crs	-19.58%
EPS	₹0.86	₹1.07	-19.63%

Financial Results (Q1 FY2023) - YoY Comparison

The company has reported total income of Rs. 1.1399 crores during the period ended June 30, 2022 as compared to Rs.0.0167 crores during the period ended June 30, 2021.

The company has posted net profit / (loss) of Rs.0.2654 crores for the period ended June 30, 2022 as against net profit / (loss) of Rs.0.0047 crores for the period ended June 30, 2021.

The company has reported EPS of Rs.0.86 for the period ended June 30, 2022 as compared to Rs.0.02 for the period ended June 30, 2021.

Financials	Q1 FY2023	Q1 FY2022	% Change
Total Income	₹ 1.1399 crs	₹0.0167 crs	6,725.75%
Net Profit	₹0.2654 crs	₹0.0047 crs	5,546.81%
EPS	₹0.86	₹0.02	4,200.00%

Shares of Ace Men Engg Works Ltd was last trading in BSE at Rs. 63.85 as compared to the previous close of Rs. 61.10. The total number of shares traded during the day was 4842 in over 37 trades.

The stock hit an intraday high of Rs. 63.95 and intraday low of 59.40. The net turnover during the day was Rs. 303648.00.

Source : Equity Bulls

Keywords

AceMenEnggWorks Q1FY23 ResultUpdate