Centum Electronics Ltd Q2 FY2023 consolidated loss widens to Rs. 6.86 crores

Centum Electronics 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. 201.721 crores during the period ended September 30, 2022 as compared to Rs. 211.058 crores during the period ended June 30, 2022.

The company has posted net profit / (loss) of Rs. -6.86 crores for the period ended September 30, 2022 as against net profit / (loss) of Rs. -2.571 crores for the period ended June 30, 2022.

The company has reported EPS of Rs. -4.60 for the period ended September 30, 2022 as compared to Rs. -1.67 for the period ended June 30, 2022.

Financials	Q2 FY2023	Q1 FY2023	% Change
Total Income	₹ 201.721 crs	₹211.058 crs	-4.42%
Net Profit	₹-6.86 crs	₹-2.571 crs	166.82%
EPS	₹-4.60	₹-1.67	175.45%

Financial Results (Q2 FY2023) - YoY Comparison

The company has reported total income of Rs. 201.721 crores during the period ended September 30, 2022 as compared to Rs.175.315 crores during the period ended September 30, 2021.

The company has posted net profit / (loss) of Rs.-6.86 crores for the period ended September 30, 2022 as against net profit / (loss) of Rs.-2.108 crores for the period ended September 30, 2021.

The company has reported EPS of Rs.-4.60 for the period ended September 30, 2022 as compared to Rs.-0.53 for the period ended September 30, 2021.

Financials	Q2 FY2023	Q2 FY2022	% Change
Total Income	₹ 201.721 crs	₹175.315 crs	15.06%
Net Profit	₹-6.86 crs	₹-2.108 crs	225.43%
EPS	₹-4.60	₹-0.53	767.92%

Financial Results (Half Year Ended FY2023) - YoY Comparison

The company has reported total income of Rs.412.779 crores during the 6 Months period ended September 30, 2022 as compared to Rs.351.280 crores during the 6 Months period ended September 30, 2021.

The company has posted net profit / (loss) of Rs.-9.431 crores for the 6 Months period ended September 30, 2022 as against net profit / (loss) of Rs.-50.612 crores for the 6 Months period ended September 30, 2021.

The company has reported EPS of Rs.-6.27 for the 6 Months period ended September 30, 2022 as compared to Rs.-27.12 for the 6 Months period ended September 30, 2021.

Financials	Half Year Ended FY2023	Half Year Ended FY2022	% Change
Total Income	₹412.779 crs	₹351.280 crs	17.51%
Net Profit	₹-9.431 crs	₹-50.612 crs	81.37%
EPS	₹-6.27	₹-27.12	76.88%

Shares of Centum Electronics Limited was last trading in BSE at Rs. 671.35 as compared to the previous close of Rs. 632.25. The total number of shares traded during the day was 5035 in over 673 trades.

The stock hit an intraday high of Rs. 692.50 and intraday low of 635.55. The net turnover during the day was Rs. 3360428.00.

Source : Equity Bulls

Keywords

CentumElectronics Q2FY23 H1FY23 ResultUpdate