Tainwala Chemical and Plastic India Ltd Q2 FY2023 PAT jumps to Rs. 2.43 crore

Tainwala Chemical and Plastic (I) Limited 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. 5.0154 crores during the period ended September 30, 2022 as compared to Rs. 2.3162 crores during the period ended June 30, 2022.

The company has posted net profit / (loss) of Rs. 2.4399 crores for the period ended September 30, 2022 as against net profit / (loss) of Rs. 0.1380 crores for the period ended June 30, 2022.

The company has reported EPS of Rs. 2.61 for the period ended September 30, 2022 as compared to Rs. 0.15 for the period ended June 30, 2022.

Financials	Q2 FY2023	Q1 FY2023	% Change
Total Income	₹ 5.0154 crs	₹2.3162 crs	116.54%
Net Profit	₹2.4399 crs	₹0.1380 crs	1,668.04%
EPS	₹2.61	₹0.15	1,640.00%

Financial Results (Q2 FY2023) - YoY Comparison

The company has reported total income of Rs. 5.0154 crores during the period ended September 30, 2022 as compared to Rs.2.1067 crores during the period ended September 30, 2021.

The company has posted net profit / (loss) of Rs.2.4399 crores for the period ended September 30, 2022 as against net profit / (loss) of Rs.0.1412 crores for the period ended September 30, 2021.

The company has reported EPS of Rs.2.61 for the period ended September 30, 2022 as compared to Rs.0.15 for the period ended September 30, 2021.

Financials	Q2 FY2023	Q2 FY2022	% Change
Total Income	₹ 5.0154 crs	₹2.1067 crs	138.07%
Net Profit	₹2.4399 crs	₹0.1412 crs	1,627.97%
EPS	₹2.61	₹0.15	1,640.00%

Financial Results (Half Year Ended FY2023) - YoY Comparison

The company has reported total income of Rs.7.3316 crores during the 6 Months period ended September 30, 2022 as compared to Rs.4.0825 crores during the 6 Months period ended September 30, 2021.

The company has posted net profit / (loss) of Rs.2.5978 crores for the 6 Months period ended September 30, 2022 as against net profit / (loss) of Rs.-0.4063 crores for the 6 Months period ended September 30, 2021.

The company has reported EPS of Rs.2.77 for the 6 Months period ended September 30, 2022 as compared to Rs.-0.43 for the 6 Months period ended September 30, 2021.

Financials	Half Year Ended FY2023	Half Year Ended FY2022	% Change
Total Income	₹7.3316 crs	₹4.0825 crs	79.59%
Net Profit	₹2.5978 crs	₹-0.4063 crs	739.38%
EPS	₹2.77	₹-0.43	744.19%

Shares of Tainwala Chemical and Plastic (I) Limited was last trading in BSE at Rs. 93.15 as compared to the previous close of Rs. 90.80. The total number of shares traded during the day was 1127 in over 8 trades.

The stock hit an intraday high of Rs. 93.30 and intraday low of 93.10. The net turnover during the day was Rs. 104926.00.

Source : Equity Bulls

Keywords

TainwalaChemicalsandPlasticsIndia Q2FY23 H1FY23 ResultUpdate