Shree Bhavya Fabrics Ltd Q1 FY23 net profit slips QoQ to Rs. 26.09 lakhs

Shree Bhavya Fabrics 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. 52.9667 crores during the period ended June 30, 2022 as compared to Rs. 44.6113 crores during the period ended March 31, 2022.

The company has posted net profit / (loss) of Rs. 0.2609 crores for the period ended June 30, 2022 as against net profit / (loss) of Rs. 0.3242 crores for the period ended March 31, 2022.

The company has reported EPS of Rs. 0.27 for the period ended June 30, 2022 as compared to Rs. 0.34 for the period ended March 31, 2022.

Financials	Q1 FY2023	Q4 FY2022	% Change
Total Income	₹ 52.9667 crs	₹44.6113 crs	18.73%
Net Profit	₹0.2609 crs	₹0.3242 crs	-19.52%
EPS	₹0.27	₹0.34	-20.59%

Financial Results (Q1 FY2023) - YoY Comparison

The company has reported total income of Rs. 52.9667 crores during the period ended June 30, 2022 as compared to Rs.26.3905 crores during the period ended June 30, 2021.

The company has posted net profit / (loss) of Rs.0.2609 crores for the period ended June 30, 2022 as against net profit / (loss) of Rs.0.1502 crores for the period ended June 30, 2021.

The company has reported EPS of Rs.0.27 for the period ended June 30, 2022 as compared to Rs.0.16 for the period ended June 30, 2021.

Financials	Q1 FY2023	Q1 FY2022	% Change
Total Income	₹ 52.9667 crs	₹26.3905 crs	100.70%
Net Profit	₹0.2609 crs	₹0.1502 crs	73.70%
EPS	₹0.27	₹0.16	68.75%

Shares of Shree Bhavya Fabrics Ltd was last trading in BSE at Rs. 11.58 as compared to the previous close of Rs. 12.11. The total number of shares traded during the day was 1553 in over 26 trades.

The stock hit an intraday high of Rs. 12.25 and intraday low of 11.20. The net turnover during the day was Rs. 18002.00.

Source : Equity Bulls

Keywords

ShreeBhavyaFabrics Q1FY23 ResultUpdate