G G Engineering Ltd Q3 FY23 net profit increases to Rs. 2.87 crores

has reported Standalone financial results for the period ended December 31, 2022.

Financial Results (Q3 FY2023) - QoQ Comparison

The company has reported total income of Rs. 35.7888 crores during the period ended December 31, 2022 as compared to Rs. 36.7049 crores during the period ended September 30, 2022.

The company has posted net profit / (loss) of Rs. 2.8721 crores for the period ended December 31, 2022 as against net profit / (loss) of Rs. 0.4923 crores for the period ended September 30, 2022.

The company has reported EPS of Rs. 0.0754 for the period ended December 31, 2022 as compared to Rs. 0.0129 for the period ended September 30, 2022.

Financials	Q3 FY2023	Q2 FY2023	% Change
Total Income	₹35.7888 crs	₹36.7049 crs	-2.50%
Net Profit	₹2.8721 crs	₹0.4923 crs	483.40%
EPS	₹0.0754	₹0.0129	484.50%

Financial Results (Q3 FY2023) - YoY Comparison

The company has reported total income of Rs.35.7888 crores during the period ended December 31, 2022 as compared to Rs.2.7794 crores during the period ended December 31, 2021.

The company has posted net profit / (loss) of Rs.2.8721 crores for the period ended December 31, 2022 as against net profit / (loss) of Rs.-0.0007 crores for the period ended December 31, 2021.

The company has reported EPS of Rs.0.0754 for the period ended December 31, 2022 as compared to Rs.-0.0006 for the period ended December 31, 2021.

Financials	Q3 FY2023	Q3 FY2022	% Change
Total Income	₹35.7888 crs	₹2.7794 crs	1,187.64%
Net Profit	₹2.8721 crs	₹-0.0007 crs	410,400.00%
EPS	₹0.0754	₹-0.0006	12,666.67%

Financial Results (9 Months Ended FY2023) - YoY Comparison

The company has reported total income of Rs.80.5449 crores during the 9 Months period ended December 31, 2022 as compared to Rs.11.1514 crores during the 9 Months period ended December 31, 2021.

The company has posted net profit / (loss) of Rs.3.5028 crores for the 9 Months period ended December 31, 2022 as against net profit / (loss) of Rs.0.0358 crores for the 9 Months period ended December 31, 2021.

The company has reported EPS of Rs.0.0920 for the 9 Months period ended December 31, 2022 as compared to Rs.0.0034 for the 9 Months period ended December 31, 2021.

Financials	9 Months Ended FY2023	9 Months Ended FY2022	% Change
Total Income	₹80.5449 crs	₹11.1514 crs	622.29%
Net Profit	₹3.5028 crs	₹0.0358 crs	9,684.36%
EPS	₹0.0920	₹0.0034	2,605.88%

Source : Equity Bulls

Keywords

GGEngineering Q3FY23 9MFY23 ResultUpdate