Kuwer Industries Ltd Q1FY23 loss at Rs. 52.68 lakhs

KUWER INDUSTRIES 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. 17.2545 crores during the period ended June 30, 2022 as compared to Rs. 16.6014 crores during the period ended March 31, 2022.

The company has posted net profit / (loss) of Rs. -0.5268 crores for the period ended June 30, 2022 as against net profit / (loss) of Rs. 2.2543 crores for the period ended March 31, 2022.

The company has reported EPS of Rs. -0.58 for the period ended June 30, 2022 as compared to Rs. 2.48 for the period ended March 31, 2022.

Financials	Q1 FY2023	Q4 FY2022	% Change
Total Income	₹ 17.2545 crs	₹16.6014 crs	3.93%
Net Profit	₹-0.5268 crs	₹2.2543 crs	-123.37%
EPS	₹-0.58	₹2.48	-123.39%

Financial Results (Q1 FY2023) - YoY Comparison

The company has reported total income of Rs. 17.2545 crores during the period ended June 30, 2022 as compared to Rs.14.1210 crores during the period ended June 30, 2021.

The company has posted net profit / (loss) of Rs.-0.5268 crores for the period ended June 30, 2022 as against net profit / (loss) of Rs.-0.4545 crores for the period ended June 30, 2021.

The company has reported EPS of Rs.-0.58 for the period ended June 30, 2022 as compared to Rs.-0.50 for the period ended June 30, 2021.

Financials	Q1 FY2023	Q1 FY2022	% Change
Total Income	₹ 17.2545 crs	₹14.1210 crs	22.19%
Net Profit	₹-0.5268 crs	₹-0.4545 crs	15.91%
EPS	₹-0.58	₹-0.50	16.00%

Shares of KUWER INDUSTRIES LTD. was last trading in BSE at Rs. 8.95 as compared to the previous close of Rs. 8.63. The total number of shares traded during the day was 13 in over 2 trades.

The stock hit an intraday high of Rs. 8.99 and intraday low of 8.95. The net turnover during the day was Rs. 116.00.

Source : Equity Bulls

Keywords

KuwerIndustries Q1FY23 ResultUpdate