Artson Engineering Ltd Q3 FY2022-23 net loss at Rs. 1.98 crore

ARTSON ENGINEERING LTD. 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. 30.6565 crores during the period ended December 31, 2022 as compared to Rs. 34.2118 crores during the period ended September 30, 2022.

The company has posted net profit / (loss) of Rs. -1.9889 crores for the period ended December 31, 2022 as against net profit / (loss) of Rs. -6.6645 crores for the period ended September 30, 2022.

The company has reported EPS of Rs. -0.54 for the period ended December 31, 2022 as compared to Rs. -1.81 for the period ended September 30, 2022.

Financials	Q3 FY2023	Q2 FY2023	% Change
Total Income	₹30.6565 crs	₹34.2118 crs	-10.39%
Net Profit	₹-1.9889 crs	₹-6.6645 crs	70.16%
EPS	₹-0.54	₹-1.81	70.17%

Financial Results (Q3 FY2023) - YoY Comparison

The company has reported total income of Rs.30.6565 crores during the period ended December 31, 2022 as compared to Rs.41.9579 crores during the period ended December 31, 2021.

The company has posted net profit / (loss) of Rs.-1.9889 crores for the period ended December 31, 2022 as against net profit / (loss) of Rs.-3.9621 crores for the period ended December 31, 2021.

The company has reported EPS of Rs.-0.54 for the period ended December 31, 2022 as compared to Rs.-1.07 for the period ended December 31, 2021.

Financials	Q3 FY2023	Q3 FY2022	% Change
Total Income	₹30.6565 crs	₹41.9579 crs	-26.94%
Net Profit	₹-1.9889 crs	₹-3.9621 crs	49.80%
EPS	₹-0.54	₹-1.07	49.53%

Financial Results (9 Months Ended FY2023) - YoY Comparison

The company has reported total income of Rs.102.3217 crores during the 9 Months period ended December 31, 2022 as compared to Rs.126.7607 crores during the 9 Months period ended December 31, 2021.

The company has posted net profit / (loss) of Rs.-13.5466 crores for the 9 Months period ended December 31, 2022 as against net profit / (loss) of Rs.-3.0734 crores for the 9 Months period ended December 31, 2021.

The company has reported EPS of Rs.-3.67 for the 9 Months period ended December 31, 2022 as compared to Rs.-0.83 for the 9 Months period ended December 31, 2021.

Financials	9 Months Ended FY2023	9 Months Ended FY2022	% Change
Total Income	₹102.3217 crs	₹126.7607 crs	-19.28%
Net Profit	₹-13.5466 crs	₹-3.0734 crs	340.77%
EPS	₹-3.67	₹-0.83	342.17%

Shares of ARTSON ENGINEERING LTD. was last trading in BSE at Rs. 80.35 as compared to the previous close of Rs. 82.30. The total number of shares traded during the day was 7787 in over 174 trades.

The stock hit an intraday high of Rs. 83.60 and intraday low of 79.00. The net turnover during the day was Rs. 627742.00.

Source : Equity Bulls

Keywords

ArtsonEngineering Q3FY23 9MFY23 ResultUpdate