Indowind Energy Ltd Q3FY23 consolidated profit at Rs. 6.15 lakhs

Indowind Energy Ltd has reported Consolidated financial results for the period ended December 31, 2022.

Financial Results (Q3 FY2023) - QoQ Comparison

The company has reported total income of Rs. 7.5744 crores during the period ended December 31, 2022 as compared to Rs. 14.6994 crores during the period ended September 30, 2022.

The company has posted net profit / (loss) of Rs. 0.0615 crores for the period ended December 31, 2022 as against net profit / (loss) of Rs. 3.9155 crores for the period ended September 30, 2022.

The company has reported EPS of Rs. 0.01 for the period ended December 31, 2022 as compared to Rs. 0.44 for the period ended September 30, 2022.

Financials	Q3 FY2023	Q2 FY2023	% Change
Total Income	₹ 7.5744 crs	₹14.6994 crs	-48.47%
Net Profit	₹0.0615 crs	₹3.9155 crs	-98.43%
EPS	₹0.01	₹0.44	-97.73%

Financial Results (Q3 FY2023) - YoY Comparison

The company has reported total income of Rs. 7.5744 crores during the period ended December 31, 2022 as compared to Rs.4.2227 crores during the period ended December 31, 2021.

The company has posted net profit / (loss) of Rs.0.0615 crores for the period ended December 31, 2022 as against net profit / (loss) of Rs.-0.4286 crores for the period ended December 31, 2021.

The company has reported EPS of Rs.0.01 for the period ended December 31, 2022 as compared to Rs.-0.05 for the period ended December 31, 2021.

Financials	Q3 FY2023	Q3 FY2022	% Change
Total Income	₹ 7.5744 crs	₹4.2227 crs	79.37%
Net Profit	₹0.0615 crs	₹-0.4286 crs	114.35%
EPS	₹0.01	₹-0.05	120.00%

Financial Results (9 Months Ended FY2023) - YoY Comparison

The company has reported total income of Rs.30.1079 crores during the 9 Months period ended December 31, 2022 as compared to Rs.19.4043 crores during the 9 Months period ended December 31, 2021.

The company has posted net profit / (loss) of Rs.5.6745 crores for the 9 Months period ended December 31, 2022 as against net profit / (loss) of Rs.1.1804 crores for the 9 Months period ended December 31, 2021.

The company has reported EPS of Rs.0.63 for the 9 Months period ended December 31, 2022 as compared to Rs.0.13 for the 9 Months period ended December 31, 2021.

Financials	9 Months Ended FY2023	9 Months Ended FY2022	% Change
Total Income	₹30.1079 crs	₹19.4043 crs	55.16%
Net Profit	₹5.6745 crs	₹1.1804 crs	380.73%
EPS	₹0.63	₹0.13	384.62%

Source : Equity Bulls

Keywords

IndowindEnergy Q3FY23 9MFY23 ResultUpdate