Advance Syntex Ltd Q1FY23 loss at Rs. 53.18 lakhs

Advance Syntex 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. 3.8842 crores during the period ended June 30, 2022 as compared to Rs. 6.8254 crores during the period ended March 31, 2022.

The company has posted net profit / (loss) of Rs. -0.5318 crores for the period ended June 30, 2022 as against net profit / (loss) of Rs. 0.7367 crores for the period ended March 31, 2022.

The company has reported EPS of Rs. -0.48 for the period ended June 30, 2022 as compared to Rs. 0.66 for the period ended March 31, 2022.

Financials	Q1 FY2023	Q4 FY2022	% Change
Total Income	₹ 3.8842 crs	₹6.8254 crs	-43.09%
Net Profit	₹-0.5318 crs	₹0.7367 crs	-172.19%
EPS	₹-0.48	₹0.66	-172.73%

Financial Results (Q1 FY2023) - YoY Comparison

The company has reported total income of Rs. 3.8842 crores during the period ended June 30, 2022 as compared to Rs.5.7819 crores during the period ended June 30, 2021.

The company has posted net profit / (loss) of Rs.-0.5318 crores for the period ended June 30, 2022 as against net profit / (loss) of Rs.-1.50 crores for the period ended June 30, 2021.

The company has reported EPS of Rs.-0.48 for the period ended June 30, 2022 as compared to Rs.-1.33 for the period ended June 30, 2021.

Financials	Q1 FY2023	Q1 FY2022	% Change
Total Income	₹ 3.8842 crs	₹5.7819 crs	-32.82%
Net Profit	₹-0.5318 crs	₹-1.50 crs	64.55%
EPS	₹-0.48	₹-1.33	63.91%

Shares of Advance Syntex Ltd was last trading in BSE at Rs. 10.30 as compared to the previous close of Rs. 10.45. The total number of shares traded during the day was 787 in over 7 trades.

The stock hit an intraday high of Rs. 10.30 and intraday low of 10.30. The net turnover during the day was Rs. 8106.00.

Source : Equity Bulls

Keywords

AdvanceSyntex Q1FY23 ResultUpdate