Stock Report

Garware Marine Industries Ltd Q2 FY2022-23 profit at Rs. 3.52 lakhs



Posted On : 2022-11-09 19:55:13( TIMEZONE : IST )

Garware Marine Industries Ltd Q2 FY2022-23 profit at Rs. 3.52 lakhs

GARWARE MARINE 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. 0.3690 crores during the period ended September 30, 2022 as compared to Rs. 0.3226 crores during the period ended June 30, 2022.

The company has posted net profit / (loss) of Rs. 0.0352 crores for the period ended September 30, 2022 as against net profit / (loss) of Rs. 0.0971 crores for the period ended June 30, 2022.

The company has reported EPS of Rs. 0.06 for the period ended September 30, 2022 as compared to Rs. 0.17 for the period ended June 30, 2022.

Financials Q2 FY2023 Q1 FY2023 % Change
Total Income ₹ 0.3690 crs ₹0.3226 crs Up Tick / Down Tick14.38%
Net Profit ₹0.0352 crs ₹0.0971 crs Up Tick / Down Tick-63.75%
EPS ₹0.06 ₹0.17 Up Tick / Down Tick-64.71%

Financial Results (Q2 FY2023) - YoY Comparison

The company has reported total income of Rs. 0.3690 crores during the period ended September 30, 2022 as compared to Rs.0.4571 crores during the period ended September 30, 2021.

The company has posted net profit / (loss) of Rs.0.0352 crores for the period ended September 30, 2022 as against net profit / (loss) of Rs.0.1840 crores for the period ended September 30, 2021.

The company has reported EPS of Rs.0.06 for the period ended September 30, 2022 as compared to Rs.0.32 for the period ended September 30, 2021.

Financials Q2 FY2023 Q2 FY2022 % Change
Total Income ₹ 0.3690 crs ₹0.4571 crs Up Tick / Down Tick-19.27%
Net Profit ₹0.0352 crs ₹0.1840 crs Up Tick / Down Tick-80.87%
EPS ₹0.06 ₹0.32 Up Tick / Down Tick-81.25%

Financial Results (Half Year Ended FY2023) - YoY Comparison

The company has reported total income of Rs.0.6916 crores during the 6 Months period ended September 30, 2022 as compared to Rs.0.8458 crores during the 6 Months period ended September 30, 2021.

The company has posted net profit / (loss) of Rs.0.1323 crores for the 6 Months period ended September 30, 2022 as against net profit / (loss) of Rs.0.3533 crores for the 6 Months period ended September 30, 2021.

The company has reported EPS of Rs.0.23 for the 6 Months period ended September 30, 2022 as compared to Rs.0.61 for the 6 Months period ended September 30, 2021.

Financials Half Year Ended FY2023 Half Year Ended FY2022 % Change
Total Income ₹0.6916 crs ₹0.8458 crs Up Tick / Down Tick-18.23%
Net Profit ₹0.1323 crs ₹0.3533 crs Up Tick / Down Tick-62.55%
EPS ₹0.23 ₹0.61 Up Tick / Down Tick-62.30%

Shares of GARWARE MARINE INDUSTRIES LTD. was last trading in BSE at Rs. 11.40 as compared to the previous close of Rs. 11.99. The total number of shares traded during the day was 3267 in over 27 trades.

The stock hit an intraday high of Rs. 12.25 and intraday low of 11.40. The net turnover during the day was Rs. 37257.00.

Source : Equity Bulls

Keywords

GarwareMarineIndustries Q2FY23 H1FY23 ResultUpdate