Orbit Exports Ltd consolidated Q4 FY2023 net profit drops to Rs. 5.15 crores

Orbit Exports Limited has reported Consolidated financial results for the period ended March 31, 2023.

Financial Results (Q4 FY2023) - QoQ Comparison

The company has reported total income of Rs. 42.6676 crores during the period ended March 31, 2023 as compared to Rs. 49.4393 crores during the period ended December 31, 2022.

The company has posted net profit / (loss) of Rs. 5.1527 crores for the period ended March 31, 2023 as against net profit / (loss) of Rs. 6.9999 crores for the period ended December 31, 2022.

The company has reported EPS of Rs. 1.90 for the period ended March 31, 2023 as compared to Rs. 2.53 for the period ended December 31, 2022.

Financials	Q4 FY2023	Q3 FY2023	% Change
Total Income	₹42.6676 crs	₹49.4393 crs	-13.70%
Net Profit	₹5.1527 crs	₹6.9999 crs	-26.39%
EPS	₹1.90	₹2.53	-24.90%

Financial Results (Q4 FY2023) - YoY Comparison

The company has reported total income of Rs.42.6676 crores during the period ended March 31, 2023 as compared to Rs.42.4534 crores during the period ended March 31, 2022.

The company has posted net profit / (loss) of Rs.5.1527 crores for the period ended March 31, 2023 as against net profit / (loss) of Rs.5.4038 crores for the period ended March 31, 2022.

The company has reported EPS of Rs.1.90 for the period ended March 31, 2023 as compared to Rs.1.97 for the period ended March 31, 2022.

Financials	Q4 FY2023	Q4 FY2022	% Change
Total Income	₹42.6676 crs	₹42.4534 crs	0.50%
Net Profit	₹5.1527 crs	₹5.4038 crs	-4.65%
EPS	₹1.90	₹1.97	-3.55%

Financial Results (Year Ended FY2023) - YoY Comparison

The company has reported total income of Rs.200.2478 crores during the Financial Year ended March 31, 2023 as compared to Rs.129.3908 crores during the Financial Year ended March 31, 2022.

The company has posted net profit / (loss) of Rs.34.3820 crores for the Financial Year ended March 31, 2023 as against net profit / (loss) of Rs.17.7982 crores for the Financial Year ended March 31, 2022.

The company has reported EPS of Rs.12.33 for the Financial Year ended March 31, 2023 as compared to Rs.6.50 for the Financial Year ended March 31, 2022.

Financials	Year Ended FY2023	Year Ended FY2022	% Change
Total Income	₹200.2478 crs	₹129.3908 crs	54.76%
Net Profit	₹34.3820 crs	₹17.7982 crs	93.18%
EPS	₹12.33	₹6.50	89.69%

Shares of Orbit Exports Limited was last trading in BSE at Rs. 150.85 as compared to the previous close of Rs. 149.85. The total number of shares traded during the day was 332 in over 23 trades.

The stock hit an intraday high of Rs. 153.45 and intraday low of 148.95. The net turnover during the day was Rs. 50415.00.

Source : Equity Bulls

Keywords

OrbitExports Q4FY23 FY2023 ResultUpdate