Orbit Exports Ltd consolidated Q2FY23 PAT slips QoQ to Rs. 10.09 crores

Orbit Exports Limited has reported Consolidated financial results for the period ended September 30, 2022.

Financial Results (Q2 FY2023) - QoQ Comparison

The company has reported total income of Rs. 55.6439 crores during the period ended September 30, 2022 as compared to Rs. 53.4912 crores during the period ended June 30, 2022.

The company has posted net profit / (loss) of Rs. 10.0941 crores for the period ended September 30, 2022 as against net profit / (loss) of Rs. 12.1353 crores for the period ended June 30, 2022.

The company has reported EPS of Rs. 3.68 for the period ended September 30, 2022 as compared to Rs. 4.41 for the period ended June 30, 2022.

Financials	Q2 FY2023	Q1 FY2023	% Change
Total Income	₹ 55.6439 crs	₹53.4912 crs	4.02%
Net Profit	₹10.0941 crs	₹12.1353 crs	-16.82%
EPS	₹3.68	₹4.41	-16.55%

Financial Results (Q2 FY2023) - YoY Comparison

The company has reported total income of Rs. 55.6439 crores during the period ended September 30, 2022 as compared to Rs.29.6644 crores during the period ended September 30, 2021.

The company has posted net profit / (loss) of Rs.10.0941 crores for the period ended September 30, 2022 as against net profit / (loss) of Rs.4.5487 crores for the period ended September 30, 2021.

The company has reported EPS of Rs.3.68 for the period ended September 30, 2022 as compared to Rs.1.66 for the period ended September 30, 2021.

Financials	Q2 FY2023	Q2 FY2022	% Change
Total Income	₹ 55.6439 crs	₹29.6644 crs	87.58%
Net Profit	₹10.0941 crs	₹4.5487 crs	121.91%
EPS	₹3.68	₹1.66	121.69%

Financial Results (Half Year Ended FY2023) - YoY Comparison

The company has reported total income of Rs.109.1351 crores during the 6 Months period ended September 30, 2022 as compared to Rs.50.6712 crores during the 6 Months period ended September 30, 2021.

The company has posted net profit / (loss) of Rs.22.2294 crores for the 6 Months period ended September 30, 2022 as against net profit / (loss) of Rs.6.6289 crores for the 6 Months period ended September 30, 2021.

The company has reported EPS of Rs.8.09 for the 6 Months period ended September 30, 2022 as compared to Rs.2.42 for the 6 Months period ended September 30, 2021.

Financials	Half Year Ended FY2023	Half Year Ended FY2022	% Change
Total Income	₹109.1351 crs	₹50.6712 crs	115.38%
Net Profit	₹22.2294 crs	₹6.6289 crs	235.34%
EPS	₹8.09	₹2.42	234.30%

Shares of Orbit Exports Limited was last trading in BSE at Rs. 191.25 as compared to the previous close of Rs. 188.50. The total number of shares traded during the day was 5327 in over 202 trades.

The stock hit an intraday high of Rs. 197.00 and intraday low of 190.85. The net turnover during the day was Rs. 1032091.00.

Source : Equity Bulls

Keywords

OrbitExports Q2FY23 H1FY23 ResultUpdate