{"id":133907,"date":"2022-08-12T07:18:00","date_gmt":"2022-08-12T11:18:00","guid":{"rendered":"https:\/\/44.250.171.167\/?p=133907"},"modified":"2022-10-06T04:47:45","modified_gmt":"2022-10-06T08:47:45","slug":"cerebra-integrated-technologies-q1-results-out-net-profit-up-by-43-yoy","status":"publish","type":"post","link":"https:\/\/alphastreet.com\/india\/cerebra-integrated-technologies-q1-results-out-net-profit-up-by-43-yoy\/","title":{"rendered":"Cerebra Integrated Technologies Q1 results out, Net profit up by 43% YoY"},"content":{"rendered":"\n<p class=\"has-text-align-justify\">India&#8217;s leading E-waste recycling company &#8211; Cerebra Integrated Technologies reported a 43% rise in its net revenue on Yearly basis from INR 21.22 Crores in June 2021 to INR 30.43 Crores in June 2022. Meanwhile, the net profit plummeted by 25% from INR 2.9 Crores in June 2021 to INR 2.17 Crores in June 2022 on accounts of increased interest cost. <\/p>\n\n\n\n<p class=\"has-text-align-justify\">EBITDA stands at INR 5.11 crore in June 2022 down 2.85% from INR 5.26 crore in June 2021 while the EPS has decreased to INR 0.18 in June 2022 from INR 0.21 in June 2021.<\/p>\n\n\n\n<figure class=\"wp-block-image size-large is-style-default\"><img loading=\"lazy\" decoding=\"async\" width=\"918\" height=\"1024\" src=\"https:\/\/alphastreet.com\/india\/wp-content\/uploads\/2022\/09\/01cf5d82-9052-4590-bf83-c513767ba584-1-918x1024.png\" alt=\"\" class=\"wp-image-133910\" srcset=\"https:\/\/alphastreet.com\/india\/wp-content\/uploads\/2022\/09\/01cf5d82-9052-4590-bf83-c513767ba584-1-918x1024.png 918w, https:\/\/alphastreet.com\/india\/wp-content\/uploads\/2022\/09\/01cf5d82-9052-4590-bf83-c513767ba584-1-269x300.png 269w, https:\/\/alphastreet.com\/india\/wp-content\/uploads\/2022\/09\/01cf5d82-9052-4590-bf83-c513767ba584-1-768x857.png 768w, https:\/\/alphastreet.com\/india\/wp-content\/uploads\/2022\/09\/01cf5d82-9052-4590-bf83-c513767ba584-1-1376x1536.png 1376w, https:\/\/alphastreet.com\/india\/wp-content\/uploads\/2022\/09\/01cf5d82-9052-4590-bf83-c513767ba584-1-1835x2048.png 1835w\" sizes=\"auto, (max-width: 918px) 100vw, 918px\" \/><\/figure>\n\n\n\n<p class=\"has-text-align-justify\">Further, the Company has entered into an agreement to sell their entire holding in the UAE subsidiary with Technow Solutions FZE during June 14,2022. They are in the process of complying with the agreement and they are looking to comply with the agreement before end of September 30, 2022.<\/p>\n\n\n\n<p class=\"has-text-align-justify\">Also, recently  Mr. Riyaz Suterwalla, has tendered his resignation from the Office of Non Independent and Non-Executive Director of the Company on 9&#8243; September, 2022 with immediate effect due to his professional and business commitments.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>India&#8217;s leading E-waste recycling company &#8211; Cerebra Integrated Technologies reported a 43% rise in its net revenue on Yearly basis from INR 21.22 Crores in June 2021 to INR 30.43 Crores in June 2022. Meanwhile, the net profit plummeted by 25% from INR 2.9 Crores in June 2021 to INR 2.17 Crores in June 2022 [&hellip;]<\/p>\n","protected":false},"author":1863,"featured_media":49407,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"jetpack_post_was_ever_published":false,"footnotes":"","jetpack_publicize_message":"","jetpack_publicize_feature_enabled":true,"jetpack_social_post_already_shared":true,"jetpack_social_options":{"image_generator_settings":{"template":"highway","default_image_id":0,"font":"","enabled":false},"version":2}},"categories":[105,392,5,8],"tags":[8192,10403,9805],"class_list":["post-133907","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-infographics","category-earnings","category-latest","category-technology-stocks","tag-computer-hardware","tag-e-waste-recycling","tag-mobile-phones"],"jetpack_publicize_connections":[],"jetpack_featured_media_url":"https:\/\/alphastreet.com\/india\/wp-content\/uploads\/2020\/02\/Trending-stocks.jpg","jetpack_likes_enabled":false,"jetpack-related-posts":[{"id":134397,"url":"https:\/\/alphastreet.com\/india\/demystifying-cerebra-integrated-technologies-indias-leading-e-waste-management-company\/","url_meta":{"origin":133907,"position":0},"title":"Demystifying Cerebra Integrated Technologies: India&#8217;s leading E-waste management company","author":"Chirag Gupta","date":"September 26, 2022","format":false,"excerpt":"Summary: India generated 3.1 million ton of E- Waste in 2021 and only around 10% of this E\u2013Waste is collected by the formal sector. Cerebra Integrated Technologies Limited (CITL) aims to capture this untapped market and has been entering\u00a0 several partnerships and agreements with large IT Companies and other Corporates.\u2026","rel":"","context":"In &quot;Analysis&quot;","block_context":{"text":"Analysis","link":"https:\/\/alphastreet.com\/india\/category\/stock-analysis\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2022\/09\/1217089222939246592.jpeg?resize=350%2C200&ssl=1","width":350,"height":200,"srcset":"https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2022\/09\/1217089222939246592.jpeg?resize=350%2C200&ssl=1 1x, https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2022\/09\/1217089222939246592.jpeg?resize=525%2C300&ssl=1 1.5x, https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2022\/09\/1217089222939246592.jpeg?resize=700%2C400&ssl=1 2x"},"classes":[]},{"id":142736,"url":"https:\/\/alphastreet.com\/india\/earnings-cerebra-integrated-technologies-ltd-nsecerebraint-q3fy23-results-out-total-income-fell-81-yoy\/","url_meta":{"origin":133907,"position":1},"title":"Earnings |Cerebra Integrated Technologies Ltd (NSE:CEREBRAINT): Q3FY23 Results Out; Total Income fell 81% YoY","author":"Divyansh_Kasana","date":"February 24, 2023","format":false,"excerpt":"Cerebra Integrated Technologies Ltd (NSE:CEREBRAINT) is an Indian company that primarily operates in the e-waste recycling and management solutions sector. The company purchases end-of-life and off-lease electronic waste products, such as TVs, refrigerators, air conditioners, and washing machines, as well as IT products like laptops, desktops, and servers, to be\u2026","rel":"","context":"In &quot;Earnings&quot;","block_context":{"text":"Earnings","link":"https:\/\/alphastreet.com\/india\/category\/earnings\/"},"img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":136932,"url":"https:\/\/alphastreet.com\/india\/care-ratings-reported-22-rise-in-its-net-profit-for-q1fy23\/","url_meta":{"origin":133907,"position":2},"title":"CARE Ratings reported 22% rise in its net profit for Q1 FY23","author":"Chirag Gupta","date":"July 17, 2022","format":false,"excerpt":"CARE Ratings reported total income of INR 62.09 crores during the period ended June 30, 2022 as compared to INR 56.52 crores during the period ended June 30, 2021 which was up by 10%. The company has posted net profit of INR 13.66 crores for the period ended June 30,\u2026","rel":"","context":"In &quot;AlphaGraphs&quot;","block_context":{"text":"AlphaGraphs","link":"https:\/\/alphastreet.com\/india\/category\/infographics\/"},"img":{"alt_text":"trending stocks high volatility","src":"https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2020\/02\/Trending-stocks.jpg?resize=350%2C200&ssl=1","width":350,"height":200,"srcset":"https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2020\/02\/Trending-stocks.jpg?resize=350%2C200&ssl=1 1x, https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2020\/02\/Trending-stocks.jpg?resize=525%2C300&ssl=1 1.5x"},"classes":[]},{"id":134481,"url":"https:\/\/alphastreet.com\/india\/jubilant-pharmova-reports-dip-in-its-net-profit-by-71-for-q1fy23\/","url_meta":{"origin":133907,"position":3},"title":"Jubilant Pharmova reports dip in its net profit by 71% for Q1FY23","author":"Chirag Gupta","date":"October 3, 2022","format":false,"excerpt":"Jubilant Pharmova reported total income of INR 1,452 crores during the period ended June 30, 2022 as compared to INR 1,635 crores during the period ended June 30, 2021 depicting a dip of 11% while the net profit further plummeted by 71% as the company posted net profit INR 47\u2026","rel":"","context":"In &quot;AlphaGraphs&quot;","block_context":{"text":"AlphaGraphs","link":"https:\/\/alphastreet.com\/india\/category\/infographics\/"},"img":{"alt_text":"trending stocks high volatility","src":"https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2020\/02\/Trending-stocks.jpg?resize=350%2C200&ssl=1","width":350,"height":200,"srcset":"https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2020\/02\/Trending-stocks.jpg?resize=350%2C200&ssl=1 1x, https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2020\/02\/Trending-stocks.jpg?resize=525%2C300&ssl=1 1.5x"},"classes":[]},{"id":134475,"url":"https:\/\/alphastreet.com\/india\/panacea-biotech-q1fy23-net-profit-soars-by-2\/","url_meta":{"origin":133907,"position":4},"title":"Panacea Biotech Q1FY23 Net profit soars by 2%","author":"Chirag Gupta","date":"September 30, 2022","format":false,"excerpt":"Panacea Biotec reported total income of INR 111 crores during the period ended June 30, 2022 as compared to INR 132 crores during the period ended June 30, 2021 thereby depicting a dip of 16% on consolidated basis. 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The company reported a dip in its revenue by 0.97% and 16.59% on QoQ and YoY basis subsequently. 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