Trident Texofab Ltd Q3FY23 profit higher at Rs. 1.14 crore

Trident Texofab 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. 25.2934 crores during the period ended December 31, 2022 as compared to Rs. 24.3083 crores during the period ended September 30, 2022.

The company has posted net profit / (loss) of Rs. 1.1493 crores for the period ended December 31, 2022 as against net profit / (loss) of Rs. 0.7772 crores for the period ended September 30, 2022.

The company has reported EPS of Rs. 1.14 for the period ended December 31, 2022 as compared to Rs. 0.77 for the period ended September 30, 2022.

Financials	Q3 FY2023	Q2 FY2023	% Change
Total Income	₹25.2934 crs	₹24.3083 crs	4.05%
Net Profit	₹1.1493 crs	₹0.7772 crs	47.88%
EPS	₹1.14	₹0.77	48.05%

Financial Results (Q3 FY2023) - YoY Comparison

The company has reported total income of Rs.25.2934 crores during the period ended December 31, 2022 as compared to Rs.23.8739 crores during the period ended December 31, 2021.

The company has posted net profit / (loss) of Rs.1.1493 crores for the period ended December 31, 2022 as against net profit / (loss) of Rs.0.1467 crores for the period ended December 31, 2021.

The company has reported EPS of Rs.1.14 for the period ended December 31, 2022 as compared to Rs.0.15 for the period ended December 31, 2021.

Financials	Q3 FY2023	Q3 FY2022	% Change
Total Income	₹25.2934 crs	₹23.8739 crs	5.95%
Net Profit	₹1.1493 crs	₹0.1467 crs	683.44%
EPS	₹1.14	₹0.15	660.00%

Financial Results (9 Months Ended FY2023) - YoY Comparison

The company has reported total income of Rs.73.1270 crores during the 9 Months period ended December 31, 2022 as compared to Rs.60.1825 crores during the 9 Months period ended December 31, 2021.

The company has posted net profit / (loss) of Rs.2.1624 crores for the 9 Months period ended December 31, 2022 as against net profit / (loss) of Rs.0.3161 crores for the 9 Months period ended December 31, 2021.

The company has reported EPS of Rs.2.15 for the 9 Months period ended December 31, 2022 as compared to Rs.0.31 for the 9 Months period ended December 31, 2021.

Financials	9 Months Ended FY2023	9 Months Ended FY2022	% Change
Total Income	₹73.1270 crs	₹60.1825 crs	21.51%
Net Profit	₹2.1624 crs	₹0.3161 crs	584.09%
EPS	₹2.15	₹0.31	593.55%

Shares of Trident Texofab Ltd was last trading in BSE at Rs. 84.40 as compared to the previous close of Rs. 85.40. The total number of shares traded during the day was 9268 in over 253 trades.

The stock hit an intraday high of Rs. 87.95 and intraday low of 81.25. The net turnover during the day was Rs. 774565.00.

Source : Equity Bulls

Keywords

TridentTexofab Q3FY23 9MFY23 ResultUpdate