Nitta Gelatin India Ltd Q2 FY2023 consolidated PAT climbs to Rs. 14.63 crores

NITTA GELATIN INDIA LTD. has reported Consolidated financial results for the period ended September 30, 2022.

Financial Results (Q2 FY2023) - QoQ Comparison

The company has reported total income of Rs. 145.9468 crores during the period ended September 30, 2022 as compared to Rs. 135.5644 crores during the period ended June 30, 2022.

The company has posted net profit / (loss) of Rs. 14.6315 crores for the period ended September 30, 2022 as against net profit / (loss) of Rs. 12.2397 crores for the period ended June 30, 2022.

The company has reported EPS of Rs. 16.12 for the period ended September 30, 2022 as compared to Rs. 13.48 for the period ended June 30, 2022.

Financials	Q2 FY2023	Q1 FY2023	% Change
Total Income	₹ 145.9468 crs	₹135.5644 crs	7.66%
Net Profit	₹14.6315 crs	₹12.2397 crs	19.54%
EPS	₹16.12	₹13.48	19.58%

Financial Results (Q2 FY2023) - YoY Comparison

The company has reported total income of Rs. 145.9468 crores during the period ended September 30, 2022 as compared to Rs.120.1292 crores during the period ended September 30, 2021.

The company has posted net profit / (loss) of Rs.14.6315 crores for the period ended September 30, 2022 as against net profit / (loss) of Rs.4.7063 crores for the period ended September 30, 2021.

The company has reported EPS of Rs.16.12 for the period ended September 30, 2022 as compared to Rs.5.18 for the period ended September 30, 2021.

Financials	Q2 FY2023	Q2 FY2022	% Change
Total Income	₹ 145.9468 crs	₹120.1292 crs	21.49%
Net Profit	₹14.6315 crs	₹4.7063 crs	210.89%
EPS	₹16.12	₹5.18	211.20%

Financial Results (Half Year Ended FY2023) - YoY Comparison

The company has reported total income of Rs.280.4870 crores during the 6 Months period ended September 30, 2022 as compared to Rs.227.9557 crores during the 6 Months period ended September 30, 2021.

The company has posted net profit / (loss) of Rs.26.8712 crores for the 6 Months period ended September 30, 2022 as against net profit / (loss) of Rs.8.0720 crores for the 6 Months period ended September 30, 2021.

The company has reported EPS of Rs.29.60 for the 6 Months period ended September 30, 2022 as compared to Rs.8.89 for the 6 Months period ended September 30, 2021.

Financials	Half Year Ended FY2023	Half Year Ended FY2022	% Change
Total Income	₹280.4870 crs	₹227.9557 crs	23.04%
Net Profit	₹26.8712 crs	₹8.0720 crs	232.89%
EPS	₹29.60	₹8.89	232.96%

Shares of NITTA GELATIN INDIA LTD. was last trading in BSE at Rs. 564.15 as compared to the previous close of Rs. 533.55. The total number of shares traded during the day was 20018 in over 621 trades.

The stock hit an intraday high of Rs. 575.00 and intraday low of 534.90. The net turnover during the day was Rs. 11155199.00.

Source : Equity Bulls

Keywords

NittaGelatinIndia Q2FY23 H1FY23 ResultUpdate