Stock Report

Welspun Investments and Commercials Ltd Q3FY23 loss at Rs. 0.40 lakhs

Posted On : 2023-01-18 13:42:58( TIMEZONE : IST )

Welspun Investments and Commercials Limited 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. 0.09 crores during the period ended December 31, 2022 as compared to Rs. 4.0034 crores during the period ended September 30, 2022.

The company has posted net profit / (loss) of Rs. -0.0040 crores for the period ended December 31, 2022 as against net profit / (loss) of Rs. 2.9389 crores for the period ended September 30, 2022.

The company has reported EPS of Rs. -0.02 for the period ended December 31, 2022 as compared to Rs. 8.05 for the period ended September 30, 2022.

Financials	Q3 FY2023	Q2 FY2023	% Change
Total Income	₹0.09 crs	₹4.0034 crs	-97.75%
Net Profit	₹-0.0040 crs	₹2.9389 crs	-100.14%
EPS	₹-0.02	₹8.05	-100.25%

Financial Results (Q3 FY2023) - YoY Comparison

The company has reported total income of Rs.0.09 crores during the period ended December 31, 2022 as compared to Rs.0.1242 crores during the period ended December 31, 2021.

The company has posted net profit / (loss) of Rs.-0.0040 crores for the period ended December 31, 2022 as against net profit / (loss) of Rs.-0.3972 crores for the period ended December 31, 2021.

The company has reported EPS of Rs.-0.02 for the period ended December 31, 2022 as compared to Rs.-1.09 for the period ended December 31, 2021.

Financials	Q3 FY2023	Q3 FY2022	% Change
Total Income	₹0.09 crs	₹0.1242 crs	-27.54%
Net Profit	₹-0.0040 crs	₹-0.3972 crs	98.99%
EPS	₹-0.02	₹-1.09	98.17%

Financial Results (9 Months Ended FY2023) - YoY Comparison

The company has reported total income of Rs.4.2204 crores during the 9 Months period ended December 31, 2022 as compared to Rs.4.1358 crores during the 9 Months period ended December 31, 2021.

The company has posted net profit / (loss) of Rs.2.9763 crores for the 9 Months period ended December 31, 2022 as against net profit / (loss) of Rs.2.3808 crores for the 9 Months period ended December 31, 2021.

The company has reported EPS of Rs.8.14 for the 9 Months period ended December 31, 2022 as compared to Rs.6.51 for the 9 Months period ended December 31, 2021.

Financials	9 Months Ended FY2023	9 Months Ended FY2022	% Change
Total Income	₹4.2204 crs	₹4.1358 crs	2.05%
Net Profit	₹2.9763 crs	₹2.3808 crs	25.01%
EPS	₹8.14	₹6.51	25.04%

Shares of Welspun Investments and Commercials Limited was last trading in BSE at Rs. 284.05 as compared to the previous close of Rs. 289.00. The total number of shares traded during the day was 1 in over 1 trades.

The stock hit an intraday high of Rs. 284.05 and intraday low of 284.05. The net turnover during the day was Rs. 284.00.