LWS Knitwear Ltd Q2FY23 profit at Rs. 6.77 lakhs

LWS KNITWEAR 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. 11.3515 crores during the period ended September 30, 2022 as compared to Rs. 6.5507 crores during the period ended June 30, 2022.

The company has posted net profit / (loss) of Rs. 0.0677 crores for the period ended September 30, 2022 as against net profit / (loss) of Rs. 0.0422 crores for the period ended June 30, 2022.

The company has reported EPS of Rs. 0.14 for the period ended September 30, 2022 as compared to Rs. 0.08 for the period ended June 30, 2022.

Financials	Q2 FY2023	Q1 FY2023	% Change
Total Income	₹ 11.3515 crs	₹6.5507 crs	73.29%
Net Profit	₹0.0677 crs	₹0.0422 crs	60.43%
EPS	₹0.14	₹0.08	75.00%

Financial Results (Q2 FY2023) - YoY Comparison

The company has reported total income of Rs. 11.3515 crores during the period ended September 30, 2022 as compared to Rs.9.0842 crores during the period ended September 30, 2021.

The company has posted net profit / (loss) of Rs.0.0677 crores for the period ended September 30, 2022 as against net profit / (loss) of Rs.0.0526 crores for the period ended September 30, 2021.

The company has reported EPS of Rs.0.14 for the period ended September 30, 2022 as compared to Rs.0.08 for the period ended September 30, 2021.

Financials	Q2 FY2023	Q2 FY2022	% Change
Total Income	₹ 11.3515 crs	₹9.0842 crs	24.96%
Net Profit	₹0.0677 crs	₹0.0526 crs	28.71%
EPS	₹0.14	₹0.08	75.00%

Financial Results (Half Year Ended FY2023) - YoY Comparison

The company has reported total income of Rs.17.9022 crores during the 6 Months period ended September 30, 2022 as compared to Rs.10.8169 crores during the 6 Months period ended September 30, 2021.

The company has posted net profit / (loss) of Rs.0.1099 crores for the 6 Months period ended September 30, 2022 as against net profit / (loss) of Rs.0.0799 crores for the 6 Months period ended September 30, 2021.

The company has reported EPS of Rs.0.22 for the 6 Months period ended September 30, 2022 as compared to Rs.0.16 for the 6 Months period ended September 30, 2021.

Financials	Half Year Ended FY2023	Half Year Ended FY2022	% Change
Total Income	₹17.9022 crs	₹10.8169 crs	65.50%
Net Profit	₹0.1099 crs	₹0.0799 crs	37.55%
EPS	₹0.22	₹0.16	37.50%

Shares of LWS KNITWEAR LTD. was last trading in BSE at Rs. 16.55 as compared to the previous close of Rs. 16.55. The total number of shares traded during the day was 10 in over 1 trades.

The stock hit an intraday high of Rs. 16.55 and intraday low of 16.55. The net turnover during the day was Rs. 165.00.

Source : Equity Bulls

Keywords

LWSKnitwear Q2FY23 H1FY23 ResultUpdate