Stock Report

Menon Bearings Ltd Q3FY23 PAT up at Rs. 7.75 crores

Posted On : 2023-01-19 13:34:19( TIMEZONE : IST )

Menon Bearings 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. 50.3248 crores during the period ended December 31, 2022 as compared to Rs. 52.4977 crores during the period ended September 30, 2022.

The company has posted net profit / (loss) of Rs. 7.75 crores for the period ended December 31, 2022 as against net profit / (loss) of Rs. 6.8973 crores for the period ended September 30, 2022.

The company has reported EPS of Rs. 1.38 for the period ended December 31, 2022 as compared to Rs. 1.23 for the period ended September 30, 2022.

Financials	Q3 FY2023	Q2 FY2023	% Change
Total Income	₹50.3248 crs	₹52.4977 crs	-4.14%
Net Profit	₹7.75 crs	₹6.8973 crs	12.36%
EPS	₹1.38	₹1.23	12.20%

Financial Results (Q3 FY2023) - YoY Comparison

The company has reported total income of Rs.50.3248 crores during the period ended December 31, 2022 as compared to Rs.49.8486 crores during the period ended December 31, 2021.

The company has posted net profit / (loss) of Rs.7.75 crores for the period ended December 31, 2022 as against net profit / (loss) of Rs.5.3039 crores for the period ended December 31, 2021.

The company has reported EPS of Rs.1.38 for the period ended December 31, 2022 as compared to Rs.0.95 for the period ended December 31, 2021.

Financials	Q3 FY2023	Q3 FY2022	% Change
Total Income	₹50.3248 crs	₹49.8486 crs	0.96%
Net Profit	₹7.75 crs	₹5.3039 crs	46.12%
EPS	₹1.38	₹0.95	45.26%

Financial Results (9 Months Ended FY2023) - YoY Comparison

The company has reported total income of Rs.165.7953 crores during the 9 Months period ended December 31, 2022 as compared to Rs.145.8692 crores during the 9 Months period ended December 31, 2021.

The company has posted net profit / (loss) of Rs.23.4191 crores for the 9 Months period ended December 31, 2022 as against net profit / (loss) of Rs.17.7539 crores for the 9 Months period ended December 31, 2021.

The company has reported EPS of Rs.4.18 for the 9 Months period ended December 31, 2022 as compared to Rs.3.17 for the 9 Months period ended December 31, 2021.

Financials	9 Months Ended FY2023	9 Months Ended FY2022	% Change
Total Income	₹165.7953 crs	₹145.8692 crs	13.66%
Net Profit	₹23.4191 crs	₹17.7539 crs	31.91%
EPS	₹4.18	₹3.17	31.86%

Shares of Menon Bearings Limited was last trading in BSE at Rs. 104.20 as compared to the previous close of Rs. 103.15. The total number of shares traded during the day was 7433 in over 134 trades.

The stock hit an intraday high of Rs. 105.90 and intraday low of 103.75. The net turnover during the day was Rs. 777574.00.