Rama Petrochemicals Ltd posts consolidated loss of Rs. 38.52 lakhs in Q3FY23

RAMA PETROCHEMICALS 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. 0.2731 crores during the period ended December 31, 2022 as compared to Rs. 0.2762 crores during the period ended September 30, 2022.

The company has posted net profit / (loss) of Rs. -0.3852 crores for the period ended December 31, 2022 as against net profit / (loss) of Rs. -0.2872 crores for the period ended September 30, 2022.

The company has reported EPS of Rs. -0.37 for the period ended December 31, 2022 as compared to Rs. -0.27 for the period ended September 30, 2022.

Financials	Q3 FY2023	Q2 FY2023	% Change
Total Income	₹ 0.2731 crs	₹0.2762 crs	-1.12%
Net Profit	₹-0.3852 crs	₹-0.2872 crs	34.12%
EPS	₹-0.37	₹-0.27	37.04%

Financial Results (Q3 FY2023) - YoY Comparison

The company has reported total income of Rs. 0.2731 crores during the period ended December 31, 2022 as compared to Rs.0.4305 crores during the period ended December 31, 2021.

The company has posted net profit / (loss) of Rs.-0.3852 crores for the period ended December 31, 2022 as against net profit / (loss) of Rs.-0.0461 crores for the period ended December 31, 2021.

The company has reported EPS of Rs.-0.37 for the period ended December 31, 2022 as compared to Rs.-0.04 for the period ended December 31, 2021.

Financials	Q3 FY2023	Q3 FY2022	% Change
Total Income	₹ 0.2731 crs	₹0.4305 crs	-36.56%
Net Profit	₹-0.3852 crs	₹-0.0461 crs	735.57%
EPS	₹-0.37	₹-0.04	825.00%

Financial Results (9 Months Ended FY2023) - YoY Comparison

The company has reported total income of Rs.0.6936 crores during the 9 Months period ended December 31, 2022 as compared to Rs.1.1216 crores during the 9 Months period ended December 31, 2021.

The company has posted net profit / (loss) of Rs.0.8425 crores for the 9 Months period ended December 31, 2022 as against net profit / (loss) of Rs.-0.1933 crores for the 9 Months period ended December 31, 2021.

The company has reported EPS of Rs.-0.80 for the 9 Months period ended December 31, 2022 as compared to Rs.-0.19 for the 9 Months period ended December 31, 2021.

Financials	9 Months Ended FY2023	9 Months Ended FY2022	% Change
Total Income	₹0.6936 crs	₹1.1216 crs	-38.16%
Net Profit	₹0.8425 crs	₹-0.1933 crs	535.85%
EPS	₹-0.80	₹-0.19	321.05%

Shares of RAMA PETROCHEMICALS LTD. was last trading in BSE at Rs. 4.28 as compared to the previous close of Rs. 4.28. The total number of shares traded during the day was 5052 in over 13 trades.

The stock hit an intraday high of Rs. 4.28 and intraday low of 4.07. The net turnover during the day was Rs. 20567.00.

Source : Equity Bulls

Keywords

RamaPetrochemicals Q3FY23 9MFY23 ResultUpdate