Kohinoor Foods (KFL) Q1FY23 result, 2022 : Net Income decreased by 52% to ₹21.43 Cr

The company has posted a consolidated Net Profit of ₹9.34 crore in the financial year ended on June 30, 2022 as against a loss of ₹(2.13) crore for the financial year ended on March 31, 2022. The PAT recovered by 542.72%

logo credit - kohinoorfoods.in
article continues after this advertisement

Kohinoor Foods Ltd. embarked upon its journey in 1989. Since then it has been treating every milestone achieved as a stepping stone to go past another one. Today, in India and in over 60 countries, consumer’s lives have been touched by not only some of the finest basmati rice brands, but also a wide assortment of food products that includes Basmati Rice, Wheat Flour, Ready to Eat Curries & Meals, Simmer Sauces, Cooking Pastes to Spices, Seasonings and Frozen Food.

At present, KFL’s (know more) offerings are preferred by connoisseurs across the globe – from the USA, Canada, Australia, New Zealand and the UK to the Middle East and South East Asian countries. And the company has posted its Q1FY23 and year ended financial results today, the details are as below :

(I) Audited Consolidated Financial Results for Quarter Ended (QOQ comparison):

The company has reported, a consolidated Total Income of ₹21.43 crore in the quarter ended on June 30, 2022 as against ₹44.72 crore in the corresponding quarter ended last year on Mar 31, 2022, decreased by 52.07%.

The company has posted a consolidated Net Profit of ₹9.34 crore in the quarter ended on June 30, 2022 as against ₹0.43 crore in the corresponding quarter ended in last year on Mar 31, 2022. The PAT surges up by 2,072.09%.

The status of the EPS of the company stood at ₹2.52 as on June 30, 2022 compared to the previous quarter ended on Mar 31, 2022 which was ₹0.15, up by insane, 1580%.

₹*June 30, 2022 (Q1FY23)Mar 31, 2022 (Q4FY22)
Total Income21.4344.72
Total Expenses19.9043.26
PBT /(Loss)9.341.23
Total Tax /(credit)0.80
PAT /(Loss) [to the owners]9.340.43
*figures are in Crores

(II) Audited Consolidated Financial Result details for the Quarter Ended (YoY comparison) :

The company has reported, a consolidated Total Income of ₹21.43 crore in the financial year ended on June 30, 2022 as against ₹26.32 crore for the financial year ended on Mar 31, 2022, decreased by 18.57%.

The company has posted a consolidated Net Profit of ₹9.34 crore in the financial year ended on June 30, 2022 as against a loss of ₹(2.13) crore for the financial year ended on March 31, 2022. The PAT recovered by 542.72%.

The status of the EPS of the company stood at ₹2.52 as on June 30, 2022 compared to the previous year ended on March 31, 2022 which was ₹(0.57), recovered by 342.10%.

₹*June 30, 2022 (Q1FY23)Mar 31, 2022 (Q4FY22)
Total Income21.4326.32
Total Expenses19.9028.45
PBT /(Loss)9.34(2.13)
Total Tax /(credit)
PAT /(Loss) [to the owners]9.34(2.13)
*figures are in Crores

The stocks of Kohinoor Foods Ltd last hit in BSE,

  • Intraday High of ₹ 93.50
  • Intraday low of ₹93.50