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HomeResearchElofic Industries FY23 Results Update
Research12 Jul 2023

Elofic Industries FY23 Results Update

Elofic Industries FY23 Results Update

P & L Statement   Particulars (in Cr) FY23 FY22 %Change  Revenue from Operations  346 321 +7.7 Profit Before Tax 55 59 -6.7 Profit for the year 39 42 -7 EPS 158.10 167.70 -5 During the past year, the company's sales and other income amounted to Rs. 354 crore, which is an increase of 8.86% compared to the previous year's figure of Rs. 325 crore. The sales within the country for the same period were Rs. 184 crore, showing a growth of 8.77% from the previous year's Rs. 169 crore. The company achieved its highest-ever export sales during the year, reaching Rs. 150 crore. This represents an increase of Rs. 113 crore (8.20%) from the previous year's figure of Rs. 138 crore.   Unfortunately, the profit before interest, depreciation, and tax has decreased by an unspecified amount from the previous year. The profit before tax (PBT) has decreased by Rs. 3 crore, and the profit after tax (PAT) has decreased by Rs. 2.4 crore compared to the previous year. It's important to note that these profit figures include the earnings from Elofic USA, a wholly-owned subsidiary of the company based in the USA. https://unlistedzone.com/shares/elofic-industries-limited-share-price-buy-sell-unlisted-shares-of-elofic-industries-limited/

P & L Statement
 
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Particulars (in Cr) FY23 FY22 %Change 
Revenue from Operations  346 321 +7.7
Profit Before Tax 55 59 -6.7
Profit for the year 39 42 -7
EPS 158.10 167.70 -5
During the past year, the company's sales and other income amounted to Rs. 354 crore, which is an increase of 8.86% compared to the previous year's figure of Rs. 325 crore. The sales within the country for the same period were Rs. 184 crore, showing a growth of 8.77% from the previous year's Rs. 169 crore. The company achieved its highest-ever export sales during the year, reaching Rs. 150 crore. This represents an increase of Rs. 113 crore (8.20%) from the previous year's figure of Rs. 138 crore.   Unfortunately, the profit before interest, depreciation, and tax has decreased by an unspecified amount from the previous year. The profit before tax (PBT) has decreased by Rs. 3 crore, and the profit after tax (PAT) has decreased by Rs. 2.4 crore compared to the previous year. It's important to note that these profit figures include the earnings from Elofic USA, a wholly-owned subsidiary of the company based in the USA. https://unlistedzone.com/shares/elofic-industries-limited-share-price-buy-sell-unlisted-shares-of-elofic-industries-limited/
Disclaimer: This article is for informational purposes only and is not investment advice, nor an offer to buy or sell any security. Unlisted share prices are indicative. Please do your own research or consult a SEBI-registered advisor before investing.
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