Gorani Industries Ltd Q2FY23 net profit higher at Rs. 93.97 lakhs

Gorani Industries Ltd has reported Standalone financial results for the period ended September 30, 2022.

Financial Results (Q2 FY2023) - QoQ Comparison

The company has reported total income of Rs. 12.5914 crores during the period ended September 30, 2022 as compared to Rs. 9.2434 crores during the period ended June 30, 2022.

The company has posted net profit / (loss) of Rs. 0.9397 crores for the period ended September 30, 2022 as against net profit / (loss) of Rs. 0.5229 crores for the period ended June 30, 2022.

The company has reported EPS of Rs. 1.75 for the period ended September 30, 2022 as compared to Rs. 0.98 for the period ended June 30, 2022.

Financials	Q2 FY2023	Q1 FY2023	% Change
Total Income	₹ 12.5914 crs	₹9.2434 crs	36.22%
Net Profit	₹0.9397 crs	₹0.5229 crs	79.71%
EPS	₹1.75	₹0.98	78.57%

Financial Results (Q2 FY2023) - YoY Comparison

The company has reported total income of Rs. 12.5914 crores during the period ended September 30, 2022 as compared to Rs.8.5320 crores during the period ended September 30, 2021.

The company has posted net profit / (loss) of Rs.0.9397 crores for the period ended September 30, 2022 as against net profit / (loss) of Rs.0.4696 crores for the period ended September 30, 2021.

The company has reported EPS of Rs.1.75 for the period ended September 30, 2022 as compared to Rs.0.96 for the period ended September 30, 2021.

Financials	Q2 FY2023	Q2 FY2022	% Change
Total Income	₹ 12.5914 crs	₹8.5320 crs	47.58%
Net Profit	₹0.9397 crs	₹0.4696 crs	100.11%
EPS	₹1.75	₹0.96	82.29%

Financial Results (Half Year Ended FY2023) - YoY Comparison

The company has reported total income of Rs.21.8348 crores during the 6 Months period ended September 30, 2022 as compared to Rs.10.8638 crores during the 6 Months period ended September 30, 2021.

The company has posted net profit / (loss) of Rs.1.4626 crores for the 6 Months period ended September 30, 2022 as against net profit / (loss) of Rs.0.4047 crores for the 6 Months period ended September 30, 2021.

The company has reported EPS of Rs.2.73 for the 6 Months period ended September 30, 2022 as compared to Rs.0.83 for the 6 Months period ended September 30, 2021.

Financials	Half Year Ended FY2023	Half Year Ended FY2022	% Change
Total Income	₹21.8348 crs	₹10.8638 crs	100.99%
Net Profit	₹1.4626 crs	₹0.4047 crs	261.40%
EPS	₹2.73	₹0.83	228.92%

Source : Equity Bulls

Keywords

GoraniIndustries Q2FY23 H1FY23 ResultUpdate