Stock Analysis

Sharda Motor Industries Second Quarter 2023 Earnings: EPS: ₹18.39 (vs ₹14.04 in 2Q 2022)

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Sharda Motor Industries (NSE:SHARDAMOTR) Second Quarter 2023 Results

Key Financial Results

  • Revenue: ₹7.07b (up 20% from 2Q 2022).
  • Net income: ₹546.7m (up 31% from 2Q 2022).
  • Profit margin: 7.7% (up from 7.1% in 2Q 2022). The increase in margin was driven by higher revenue.
  • EPS: ₹18.39 (up from ₹14.04 in 2Q 2022).
NSEI:SHARDAMOTR Earnings and Revenue History November 17th 2022

All figures shown in the chart above are for the trailing 12 month (TTM) period

Sharda Motor Industries shares are up 4.9% from a week ago.

Risk Analysis

It's still necessary to consider the ever-present spectre of investment risk. We've identified 1 warning sign with Sharda Motor Industries, and understanding it should be part of your investment process.

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