Borosil Renewables Ltd posts Rs. 24.28 crores profit in Q2FY23 – EQ Mag Pro
BOROSIL RENEWABLES LIMITED 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. 171.3725 crores during the period ended September 30, 2022 as compared to Rs. 173.1189 crores during the period ended June 30, 2022.
The company has posted net profit / (loss) of Rs. 24.2844 crores for the period ended September 30, 2022 as against net profit / (loss) of Rs. 30.1063 crores for the period ended June 30, 2022.
The company has reported EPS of Rs. 1.86 for the period ended September 30, 2022 as compared to Rs. 2.31 for the period ended June 30, 2022.
| Financials | Q2 FY2023 | Q1 FY2023 | % Change |
| Total Income | ₹ 171.3725 crs | ₹173.1189 crs |  -1.01% |
| Net Profit | ₹24.2844 crs | ₹30.1063 crs | -19.34% |
| EPS | ₹1.86 | ₹2.31 | -19.48% |
Financial Results (Q2 FY2023) – YoY Comparison
The company has reported total income of Rs. 171.3725 crores during the period ended September 30, 2022 as compared to Rs.165.6254 crores during the period ended September 30, 2021.
The company has posted net profit / (loss) of Rs.24.2844 crores for the period ended September 30, 2022 as against net profit / (loss) of Rs.34.1116 crores for the period ended September 30, 2021.
The company has reported EPS of Rs.1.86 for the period ended September 30, 2022 as compared to Rs.2.62 for the period ended September 30, 2021.
| Financials | Q2 FY2023 | Q2 FY2022 | % Change |
| Total Income | ₹ 171.3725 crs | ₹165.6254 crs |  3.47% |
| Net Profit | ₹24.2844 crs | ₹34.1116 crs | -28.81% |
| EPS | ₹1.86 | ₹2.62 | -29.01% |
Financial Results (Half Year Ended FY2023) – YoY Comparison
The company has reported total income of Rs.344.4914 crores during the 6 Months period ended September 30, 2022 as compared to Rs.308.1378 crores during the 6 Months period ended September 30, 2021.
The company has posted net profit / (loss) of Rs.54.3907 crores for the 6 Months period ended September 30, 2022 as against net profit / (loss) of Rs.73.7363 crores for the 6 Months period ended September 30, 2021.
The company has reported EPS of Rs.4.17 for the 6 Months period ended September 30, 2022 as compared to Rs.5.67 for the 6 Months period ended September 30, 2021.
| Financials | Half Year Ended FY2023 | Half Year Ended FY2022 | % Change |
| Total Income | ₹344.4914 crs | ₹308.1378 crs | 11.80% |
| Net Profit | ₹54.3907 crs | ₹73.7363 crs | -26.24% |
| EPS | ₹4.17 | ₹5.67 | -26.46% |
Shares of BOROSIL RENEWABLES LIMITED was last trading in BSE at Rs. 567.25 as compared to the previous close of Rs. 578.90. The total number of shares traded during the day was 35584 in over 2921 trades.
The stock hit an intraday high of Rs. 583.10 and intraday low of 565.05. The net turnover during the day was Rs. 20416047.00.
Source: equitybulls
