Stock Report

Hitech Corporation Ltd Q4 FY2023 PAT jumps to Rs. 8.82 crores



Posted On : 2023-05-17 16:11:07( TIMEZONE : IST )

Hitech Corporation Ltd Q4 FY2023 PAT jumps to Rs. 8.82 crores

Hitech Corporation Limited has reported Standalone financial results for the period ended March 31, 2023.

Financial Results (Q4 FY2023) - QoQ Comparison

The company has reported total income of Rs. 129.3963 crores during the period ended March 31, 2023 as compared to Rs. 121.3138 crores during the period ended December 31, 2022.

The company has posted net profit / (loss) of Rs. 8.8236 crores for the period ended March 31, 2023 as against net profit / (loss) of Rs. 2.6765 crores for the period ended December 31, 2022.

The company has reported EPS of Rs. 5.14 for the period ended March 31, 2023 as compared to Rs. 1.56 for the period ended December 31, 2022.

Financials Q4 FY2023 Q3 FY2023 % Change
Total Income ₹129.3963 crs ₹121.3138 crs Up Tick / Down Tick6.66%
Net Profit ₹8.8236 crs ₹2.6765 crs Up Tick / Down Tick229.67%
EPS ₹5.14 ₹1.56 Up Tick / Down Tick229.49%

Financial Results (Q4 FY2023) - YoY Comparison

The company has reported total income of Rs.129.3963 crores during the period ended March 31, 2023 as compared to Rs.150.2238 crores during the period ended March 31, 2022.

The company has posted net profit / (loss) of Rs.8.8236 crores for the period ended March 31, 2023 as against net profit / (loss) of Rs.8.3427 crores for the period ended March 31, 2022.

The company has reported EPS of Rs.5.14 for the period ended March 31, 2023 as compared to Rs.4.86 for the period ended March 31, 2022.

Financials Q4 FY2023 Q4 FY2022 % Change
Total Income ₹129.3963 crs ₹150.2238 crs Up Tick / Down Tick-13.86%
Net Profit ₹8.8236 crs ₹8.3427 crs Up Tick / Down Tick5.76%
EPS ₹5.14 ₹4.86 Up Tick / Down Tick5.76%

Financial Results (Year Ended FY2023) - YoY Comparison

The company has reported total income of Rs.560.4116 crores during the Financial Year ended March 31, 2023 as compared to Rs.589.2464 crores during the Financial Year ended March 31, 2022.

The company has posted net profit / (loss) of Rs.28.3292 crores for the Financial Year ended March 31, 2023 as against net profit / (loss) of Rs.37.3966 crores for the Financial Year ended March 31, 2022.

The company has reported EPS of Rs.16.49 for the Financial Year ended March 31, 2023 as compared to Rs.21.77 for the Financial Year ended March 31, 2022.

Financials Year Ended FY2023 Year Ended FY2022 % Change
Total Income ₹560.4116 crs ₹589.2464 crs Up Tick / Down Tick-4.89%
Net Profit ₹28.3292 crs ₹37.3966 crs Up Tick / Down Tick-24.25%
EPS ₹16.49 ₹21.77 Up Tick / Down Tick-24.25%

Shares of Hitech Corporation Limited was last trading in BSE at Rs. 184.50 as compared to the previous close of Rs. 184.00. The total number of shares traded during the day was 1531 in over 30 trades.

The stock hit an intraday high of Rs. 188.50 and intraday low of 181.25. The net turnover during the day was Rs. 283787.00.

Source : Equity Bulls

Keywords

HitechCorporation Q4FY23 FY2023 ResultUpdate