Spectrum Foods Ltd Q3FY23 profit at Rs. 1.02 crore

SPECTRUM FOODS 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. 3.6806 crores during the period ended December 31, 2022 as compared to Rs. 3.4082 crores during the period ended September 30, 2022.

The company has posted net profit / (loss) of Rs. 1.0284 crores for the period ended December 31, 2022 as against net profit / (loss) of Rs. 2.0464 crores for the period ended September 30, 2022.

The company has reported EPS of Rs. 2.121 for the period ended December 31, 2022 as compared to Rs. 4.221 for the period ended September 30, 2022.

Financials	Q3 FY2023	Q2 FY2023	% Change
Total Income	₹3.6806 crs	₹3.4082 crs	7.99%
Net Profit	₹1.0284 crs	₹2.0464 crs	-49.75%
EPS	₹2.121	₹4.221	-49.75%

Financial Results (Q3 FY2023) - YoY Comparison

The company has reported total income of Rs.3.6806 crores during the period ended December 31, 2022 as compared to Rs.3.3854 crores during the period ended December 31, 2021.

The company has posted net profit / (loss) of Rs.1.0284 crores for the period ended December 31, 2022 as against net profit / (loss) of Rs.0.7206 crores for the period ended December 31, 2021.

The company has reported EPS of Rs.2.121 for the period ended December 31, 2022 as compared to Rs.1.486 for the period ended December 31, 2021.

Financials	Q3 FY2023	Q3 FY2022	% Change
Total Income	₹3.6806 crs	₹3.3854 crs	8.72%
Net Profit	₹1.0284 crs	₹0.7206 crs	42.71%
EPS	₹2.121	₹1.486	42.73%

Financial Results (9 Months Ended FY2023) - YoY Comparison

The company has reported total income of Rs.11.1914 crores during the 9 Months period ended December 31, 2022 as compared to Rs.10.2661 crores during the 9 Months period ended December 31, 2021.

The company has posted net profit / (loss) of Rs.4.9271 crores for the 9 Months period ended December 31, 2022 as against net profit / (loss) of Rs.2.3125 crores for the 9 Months period ended December 31, 2021.

The company has reported EPS of Rs.10.162 for the 9 Months period ended December 31, 2022 as compared to Rs.4.770 for the 9 Months period ended December 31, 2021.

Financials	9 Months Ended FY2023	9 Months Ended FY2022	% Change
Total Income	₹11.1914 crs	₹10.2661 crs	9.01%
Net Profit	₹4.9271 crs	₹2.3125 crs	113.06%
EPS	₹10.162	₹4.770	113.04%

Shares of SPECTRUM FOODS LTD. was last trading in BSE at Rs. 65.15 as compared to the previous close of Rs. 62.05. The total number of shares traded during the day was 7205 in over 63 trades.

The stock hit an intraday high of Rs. 65.15 and intraday low of 59.50. The net turnover during the day was Rs. 463081.00.

Source : Equity Bulls

Keywords

SpectrumFoods Q3FY23 9MFY23 ResultUpdate