Indian Acrylics Ltd Q3FY23 consolidated net profit at Rs. 1.05 crore

INDIAN ACRYLICS 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. 193.4819 crores during the period ended December 31, 2022 as compared to Rs. 247.5937 crores during the period ended September 30, 2022.

The company has posted net profit / (loss) of Rs. 1.0549 crores for the period ended December 31, 2022 as against net profit / (loss) of Rs. -1.6104 crores for the period ended September 30, 2022.

The company has reported EPS of Rs. 0.08 for the period ended December 31, 2022 as compared to Rs. -0.12 for the period ended September 30, 2022.

Financials	Q3 FY2023	Q2 FY2023	% Change
Total Income	₹ 193.4819 crs	₹247.5937 crs	-21.86%
Net Profit	₹1.0549 crs	₹-1.6104 crs	165.51%
EPS	₹0.08	₹-0.12	166.67%

Financial Results (Q3 FY2023) - YoY Comparison

The company has reported total income of Rs. 193.4819 crores during the period ended December 31, 2022 as compared to Rs.153.1866 crores during the period ended December 31, 2021.

The company has posted net profit / (loss) of Rs.1.0549 crores for the period ended December 31, 2022 as against net profit / (loss) of Rs.-11.7577 crores for the period ended December 31, 2021.

The company has reported EPS of Rs.0.08 for the period ended December 31, 2022 as compared to Rs.-0.87 for the period ended December 31, 2021.

Financials	Q3 FY2023	Q3 FY2022	% Change
Total Income	₹ 193.4819 crs	₹153.1866 crs	26.30%
Net Profit	₹1.0549 crs	₹-11.7577 crs	108.97%
EPS	₹0.08	₹-0.87	109.20%

Financial Results (9 Months Ended FY2023) - YoY Comparison

The company has reported total income of Rs.680.1180 crores during the 9 Months period ended December 31, 2022 as compared to Rs.398.4859 crores during the 9 Months period ended December 31, 2021.

The company has posted net profit / (loss) of Rs.0.4374 crores for the 9 Months period ended December 31, 2022 as against net profit / (loss) of Rs.-52.2411 crores for the 9 Months period ended December 31, 2021.

The company has reported EPS of Rs.0.03 for the 9 Months period ended December 31, 2022 as compared to Rs.-3.86 for the 9 Months period ended December 31, 2021.

Financials	9 Months Ended FY2023	9 Months Ended FY2022	% Change
Total Income	₹680.1180 crs	₹398.4859 crs	70.68%
Net Profit	₹0.4374 crs	₹-52.2411 crs	100.84%
EPS	₹0.03	₹-3.86	100.78%

Shares of INDIAN ACRYLICS LTD. was last trading in BSE at Rs. 12.96 as compared to the previous close of Rs. 12.54. The total number of shares traded during the day was 255862 in over 520 trades.

The stock hit an intraday high of Rs. 13.13 and intraday low of 12.31. The net turnover during the day was Rs. 3302553.00.

Source : Equity Bulls

Keywords

IndianAcrylics Q3FY23 9MFY23 ResultUpdate