Stock Report

Precision Wires India Ltd Q2FY23 net profit lower at Rs. 14.66 crores



Posted On : 2022-11-11 12:21:04( TIMEZONE : IST )

Precision Wires India Ltd Q2FY23 net profit lower at Rs. 14.66 crores

Precision Wires India 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. 726.0221 crores during the period ended September 30, 2022 as compared to Rs. 826.1763 crores during the period ended June 30, 2022.

The company has posted net profit / (loss) of Rs. 14.6614 crores for the period ended September 30, 2022 as against net profit / (loss) of Rs. 16.8292 crores for the period ended June 30, 2022.

The company has reported EPS of Rs. 1.27 for the period ended September 30, 2022 as compared to Rs. 1.46 for the period ended June 30, 2022.

Financials Q2 FY2023 Q1 FY2023 % Change
Total Income ₹726.0221 crs ₹826.1763 crs Up Tick / Down Tick-12.12%
Net Profit ₹14.6614 crs ₹16.8292 crs Up Tick / Down Tick-12.88%
EPS ₹1.27 ₹1.46 Up Tick / Down Tick-13.01%

Financial Results (Q2 FY2023) - YoY Comparison

The company has reported total income of Rs.726.0221 crores during the period ended September 30, 2022 as compared to Rs.708.8466 crores during the period ended September 30, 2021.

The company has posted net profit / (loss) of Rs.14.6614 crores for the period ended September 30, 2022 as against net profit / (loss) of Rs.14.9720 crores for the period ended September 30, 2021.

The company has reported EPS of Rs.1.27 for the period ended September 30, 2022 as compared to Rs.1.29 for the period ended September 30, 2021.

Financials Q2 FY2023 Q2 FY2022 % Change
Total Income ₹726.0221 crs ₹708.8466 crs Up Tick / Down Tick2.42%
Net Profit ₹14.6614 crs ₹14.9720 crs Up Tick / Down Tick-2.07%
EPS ₹1.27 ₹1.29 Up Tick / Down Tick-1.55%

Financial Results (Half Year Ended FY2023) - YoY Comparison

The company has reported total income of Rs.1552.1984 crores during the 6 Months period ended September 30, 2022 as compared to Rs.1240.2205 crores during the 6 Months period ended September 30, 2021.

The company has posted net profit / (loss) of Rs.31.4906 crores for the 6 Months period ended September 30, 2022 as against net profit / (loss) of Rs.26.5495 crores for the 6 Months period ended September 30, 2021.

The company has reported EPS of Rs.2.72 for the 6 Months period ended September 30, 2022 as compared to Rs.2.30 for the 6 Months period ended September 30, 2021.

Financials Half Year Ended FY2023 Half Year Ended FY2022 % Change
Total Income ₹1552.1984 crs ₹1240.2205 crs Up Tick / Down Tick25.16%
Net Profit ₹31.4906 crs ₹26.5495 crs Up Tick / Down Tick18.61%
EPS ₹2.72 ₹2.30 Up Tick / Down Tick18.26%

Shares of Precision Wires India Limited was last trading in BSE at Rs. 98.55 as compared to the previous close of Rs. 104.15. The total number of shares traded during the day was 80026 in over 1732 trades.

The stock hit an intraday high of Rs. 107.95 and intraday low of 96.00. The net turnover during the day was Rs. 8095959.00.

Source : Equity Bulls

Keywords

PrecisionWiresIndia Q2FY23 H1FY23 ResultUpdate