United Drilling Tools Ltd Q1FY23 consolidated net profit declines to Rs. 3.15 crore

United Drilling Tools Limited 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. 37.4835 crores during the period ended June 30, 2022 as compared to Rs. 40.0216 crores during the period ended March 31, 2022.

The company has posted net profit / (loss) of Rs. 3.1548 crores for the period ended June 30, 2022 as against net profit / (loss) of Rs. 7.1712 crores for the period ended March 31, 2022.

The company has reported EPS of Rs. 1.55 for the period ended June 30, 2022 as compared to Rs. 3.44 for the period ended March 31, 2022.

Financials	Q1 FY2023	Q4 FY2022	% Change
Total Income	₹ 37.4835 crs	₹40.0216 crs	-6.34%
Net Profit	₹3.1548 crs	₹7.1712 crs	-56.01%
EPS	₹1.55	₹3.44	-54.94%

Financial Results (Q1 FY2023) - YoY Comparison

The company has reported total income of Rs. 37.4835 crores during the period ended June 30, 2022 as compared to Rs.32.3329 crores during the period ended June 30, 2021.

The company has posted net profit / (loss) of Rs.3.1548 crores for the period ended June 30, 2022 as against net profit / (loss) of Rs.14.2570 crores for the period ended June 30, 2021.

The company has reported EPS of Rs.1.55 for the period ended June 30, 2022 as compared to Rs.7.02 for the period ended June 30, 2021.

Financials	Q1 FY2023	Q1 FY2022	% Change
Total Income	₹ 37.4835 crs	₹32.3329 crs	15.93%
Net Profit	₹3.1548 crs	₹14.2570 crs	-77.87%
EPS	₹1.55	₹7.02	-77.92%

Shares of United Drilling Tools Limited was last trading in BSE at Rs. 364.55 as compared to the previous close of Rs. 360.15. The total number of shares traded during the day was 20016 in over 548 trades.

The stock hit an intraday high of Rs. 385.00 and intraday low of 360.00. The net turnover during the day was Rs. 7565013.00.

Source : Equity Bulls

Keywords

UnitedDrillingTools Q1FY23 ResultUpdate