Gala Global Products Ltd Q1 FY2023 net profit down at Rs. 37.13 lakhs

Gala Global Products 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. 23.8088 crores during the period ended June 30, 2022 as compared to Rs. 65.2016 crores during the period ended March 31, 2022.

The company has posted net profit / (loss) of Rs. 0.3713 crores for the period ended June 30, 2022 as against net profit / (loss) of Rs. 0.7069 crores for the period ended March 31, 2022.

The company has reported EPS of Rs. 0.09 for the period ended June 30, 2022 as compared to Rs. 0.13 for the period ended March 31, 2022.

Financials	Q1 FY2023	Q4 FY2022	% Change
Total Income	₹ 23.8088 crs	₹65.2016 crs	-63.48%
Net Profit	₹0.3713 crs	₹0.7069 crs	-47.47%
EPS	₹0.09	₹0.13	-30.77%

Financial Results (Q1 FY2023) - YoY Comparison

The company has reported total income of Rs. 23.8088 crores during the period ended June 30, 2022 as compared to Rs.12.6775 crores during the period ended June 30, 2021.

The company has posted net profit / (loss) of Rs.0.3713 crores for the period ended June 30, 2022 as against net profit / (loss) of Rs.0.5036 crores for the period ended June 30, 2021.

The company has reported EPS of Rs.0.09 for the period ended June 30, 2022 as compared to Rs.0.09 for the period ended June 30, 2021.

Financials	Q1 FY2023	Q1 FY2022	% Change
Total Income	₹ 23.8088 crs	₹12.6775 crs	87.80%
Net Profit	₹0.3713 crs	₹0.5036 crs	-26.27%
EPS	₹0.09	₹0.09	0.00%

Shares of Gala Global Products Ltd was last trading in BSE at Rs. 93.45 as compared to the previous close of Rs. 92.40. The total number of shares traded during the day was 636997 in over 2459 trades.

The stock hit an intraday high of Rs. 93.50 and intraday low of 92.45. The net turnover during the day was Rs. 59328753.00.

Source : Equity Bulls

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GalaGlobalProducts Q1FY23 ResultUpdate