G G Dandekar Machine Works Ltd Q2 FY23 net profit at Rs. 30.28 lakhs

G.G.DANDEKAR MACHINE WORKS LTD. 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. 0.8512 crores during the period ended September 30, 2022 as compared to Rs. .3426 crores during the period ended June 30, 2022.

The company has posted net profit / (loss) of Rs. 0.3028 crores for the period ended September 30, 2022 as against net profit / (loss) of Rs. -0.2847 crores for the period ended June 30, 2022.

The company has reported EPS of Rs. 0.64 for the period ended September 30, 2022 as compared to Rs. -0.60 for the period ended June 30, 2022.

Financials	Q2 FY2023	Q1 FY2023	% Change
Total Income	₹ 0.8512 crs	₹.3426 crs	148.45%
Net Profit	₹0.3028 crs	₹-0.2847 crs	206.36%
EPS	₹0.64	₹-0.60	206.67%

Financial Results (Q2 FY2023) - YoY Comparison

The company has reported total income of Rs. 0.8512 crores during the period ended September 30, 2022 as compared to Rs.0.4662 crores during the period ended September 30, 2021.

The company has posted net profit / (loss) of Rs.0.3028 crores for the period ended September 30, 2022 as against net profit / (loss) of Rs.-0.7335 crores for the period ended September 30, 2021.

The company has reported EPS of Rs.0.64 for the period ended September 30, 2022 as compared to Rs.-1.54 for the period ended September 30, 2021.

Financials	Q2 FY2023	Q2 FY2022	% Change
Total Income	₹ 0.8512 crs	₹0.4662 crs	82.58%
Net Profit	₹0.3028 crs	₹-0.7335 crs	141.28%
EPS	₹0.64	₹-1.54	141.56%

Financial Results (Half Year Ended FY2023) - YoY Comparison

The company has reported total income of Rs.1.1938 crores during the 6 Months period ended September 30, 2022 as compared to Rs.1.3343 crores during the 6 Months period ended September 30, 2021.

The company has posted net profit / (loss) of Rs.0.0181 crores for the 6 Months period ended September 30, 2022 as against net profit / (loss) of Rs.-1.0570 crores for the 6 Months period ended September 30, 2021.

The company has reported EPS of Rs.0.04 for the 6 Months period ended September 30, 2022 as compared to Rs.-2.22 for the 6 Months period ended September 30, 2021.

Financials	Half Year Ended FY2023	Half Year Ended FY2022	% Change
Total Income	₹1.1938 crs	₹1.3343 crs	-10.53%
Net Profit	₹0.0181 crs	₹-1.0570 crs	101.71%
EPS	₹0.04	₹-2.22	101.80%

Shares of G.G.DANDEKAR MACHINE WORKS LTD. was last trading in BSE at Rs. 72.85 as compared to the previous close of Rs. 73.50. The total number of shares traded during the day was 3713 in over 33 trades.

The stock hit an intraday high of Rs. 75.90 and intraday low of 70.30. The net turnover during the day was Rs. 266128.00.

Source : Equity Bulls

Keywords

GGDandekarMachineWorks Q2FY23 H1FY23 ResultUpdate