Waaree Technologies Ltd Q4FY23 loss at Rs. 1.23 crore

Waaree Technologies Ltd 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. 22.0654 crores during the period ended March 31, 2023 as compared to Rs. 7.6542 crores during the period ended December 31, 2022.

The company has posted net profit / (loss) of Rs. -1.2360 crores for the period ended March 31, 2023 as against net profit / (loss) of Rs. 0.1489 crores for the period ended December 31, 2022.

The company has reported EPS of Rs. -1.15 for the period ended March 31, 2023 as compared to Rs. 0.14 for the period ended December 31, 2022.

Financials	Q4 FY2023	Q3 FY2023	% Change
Total Income	₹22.0654 crs	₹7.6542 crs	188.28%
Net Profit	₹-1.2360 crs	₹0.1489 crs	-930.09%
EPS	₹-1.15	₹0.14	-921.43%

Financial Results (Q4 FY2023) - YoY Comparison

The company has reported total income of Rs.22.0654 crores during the period ended March 31, 2023 as compared to Rs.13.3939 crores during the period ended March 31, 2022.

The company has posted net profit / (loss) of Rs.-1.2360 crores for the period ended March 31, 2023 as against net profit / (loss) of Rs.0.2617 crores for the period ended March 31, 2022.

The company has reported EPS of Rs.-1.15 for the period ended March 31, 2023 as compared to Rs.0.24 for the period ended March 31, 2022.

Financials	Q4 FY2023	Q4 FY2022	% Change
Total Income	₹22.0654 crs	₹13.3939 crs	64.74%
Net Profit	₹-1.2360 crs	₹0.2617 crs	-572.30%
EPS	₹-1.15	₹0.24	-579.17%

Financial Results (Year Ended FY2023) - YoY Comparison

The company has reported total income of Rs.29.7196 crores during the Financial Year ended March 31, 2023 as compared to Rs.13.4886 crores during the Financial Year ended March 31, 2022.

The company has posted net profit / (loss) of Rs.-1.0871 crores for the Financial Year ended March 31, 2023 as against net profit / (loss) of Rs.0.1872 crores for the Financial Year ended March 31, 2022.

The company has reported EPS of Rs.-1.01 for the Financial Year ended March 31, 2023 as compared to Rs.0.23 for the Financial Year ended March 31, 2022.

Financials	Year Ended FY2023	Year Ended FY2022	% Change
Total Income	₹29.7196 crs	₹13.4886 crs	120.33%
Net Profit	₹-1.0871 crs	₹0.1872 crs	-680.72%
EPS	₹-1.01	₹0.23	-539.13%

Shares of Waaree Technologies Ltd was last trading in BSE at Rs. 340.15 as compared to the previous close of Rs. 352.70. The total number of shares traded during the day was 76300 in over 95 trades.

The stock hit an intraday high of Rs. 345.95 and intraday low of 335.10. The net turnover during the day was Rs. 25892895.00.

Source : Equity Bulls

Keywords

WaareeTechnologies Q4FY23 FY2023 ResultUpdate