Stock Report

Igarashi Motors India Ltd Q4 FY2023 net profit increases to Rs. 7.63 crores

Posted On : 2023-05-25 17:37:04( TIMEZONE : IST )

Igarashi Motors India 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. 176.2532 crores during the period ended March 31, 2023 as compared to Rs. 170.7735 crores during the period ended December 31, 2022.

The company has posted net profit / (loss) of Rs. 7.6316 crores for the period ended March 31, 2023 as against net profit / (loss) of Rs. 1.3434 crores for the period ended December 31, 2022.

The company has reported EPS of Rs. 2.42 for the period ended March 31, 2023 as compared to Rs. 0.43 for the period ended December 31, 2022.

Financials	Q4 FY2023	Q3 FY2023	% Change
Total Income	₹176.2532 crs	₹170.7735 crs	3.21%
Net Profit	₹7.6316 crs	₹1.3434 crs	468.08%
EPS	₹2.42	₹0.43	462.79%

Financial Results (Q4 FY2023) - YoY Comparison

The company has reported total income of Rs.176.2532 crores during the period ended March 31, 2023 as compared to Rs.138.2775 crores during the period ended March 31, 2022.

The company has posted net profit / (loss) of Rs.7.6316 crores for the period ended March 31, 2023 as against net profit / (loss) of Rs.-3.2810 crores for the period ended March 31, 2022.

The company has reported EPS of Rs.2.42 for the period ended March 31, 2023 as compared to Rs.-1.04 for the period ended March 31, 2022.

Financials	Q4 FY2023	Q4 FY2022	% Change
Total Income	₹176.2532 crs	₹138.2775 crs	27.46%
Net Profit	₹7.6316 crs	₹-3.2810 crs	332.60%
EPS	₹2.42	₹-1.04	332.69%

Financial Results (Year Ended FY2023) - YoY Comparison

The company has reported total income of Rs.664.2634 crores during the Financial Year ended March 31, 2023 as compared to Rs.563.3376 crores during the Financial Year ended March 31, 2022.

The company has posted net profit / (loss) of Rs.5.2377 crores for the Financial Year ended March 31, 2023 as against net profit / (loss) of Rs.1.19 crores for the Financial Year ended March 31, 2022.

The company has reported EPS of Rs.1.66 for the Financial Year ended March 31, 2023 as compared to Rs.0.38 for the Financial Year ended March 31, 2022.

Financials	Year Ended FY2023	Year Ended FY2022	% Change
Total Income	₹664.2634 crs	₹563.3376 crs	17.92%
Net Profit	₹5.2377 crs	₹1.19 crs	340.14%
EPS	₹1.66	₹0.38	336.84%

Shares of Igarashi Motors India Limited was last trading in BSE at Rs. 425.60 as compared to the previous close of Rs. 417.50. The total number of shares traded during the day was 3083 in over 378 trades.

The stock hit an intraday high of Rs. 430.45 and intraday low of 417.55. The net turnover during the day was Rs. 1308996.00.