Aether Industries Ltd Q3FY23 consolidated net profit at Rs. 35.03 crores

Aether Industries Limited 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. 170.529 crores during the period ended December 31, 2022 as compared to Rs. 146.568 crores during the period ended September 30, 2022.

The company has posted net profit / (loss) of Rs. 35.036 crores for the period ended December 31, 2022 as against net profit / (loss) of Rs. 27.20 crores for the period ended September 30, 2022.

The company has reported EPS of Rs. 2.81 for the period ended December 31, 2022 as compared to Rs. 2.19 for the period ended September 30, 2022.

Financials	Q3 FY2023	Q2 FY2023	% Change
Total Income	₹170.529 crs	₹146.568 crs	16.35%
Net Profit	₹35.036 crs	₹27.20 crs	28.81%
EPS	₹2.81	₹2.19	28.31%

Financial Results (Q3 FY2023) - YoY Comparison

The company has reported total income of Rs.170.529 crores during the period ended December 31, 2022 as compared to Rs.153.661 crores during the period ended December 31, 2021.

The company has posted net profit / (loss) of Rs.35.036 crores for the period ended December 31, 2022 as against net profit / (loss) of Rs.25.40 crores for the period ended December 31, 2021.

The company has reported EPS of Rs.2.81 for the period ended December 31, 2022 as compared to Rs.2.28 for the period ended December 31, 2021.

Financials	Q3 FY2023	Q3 FY2022	% Change
Total Income	₹170.529 crs	₹153.661 crs	10.98%
Net Profit	₹35.036 crs	₹25.40 crs	37.94%
EPS	₹2.81	₹2.28	23.25%

Financial Results (9 Months Ended FY2023) - YoY Comparison

The company has reported total income of Rs.483.267 crores during the 9 Months period ended December 31, 2022 as compared to Rs.449.315 crores during the 9 Months period ended December 31, 2021.

The company has posted net profit / (loss) of Rs.92.856 crores for the 9 Months period ended December 31, 2022 as against net profit / (loss) of Rs.82.906 crores for the 9 Months period ended December 31, 2021.

The company has reported EPS of Rs.7.46 for the 9 Months period ended December 31, 2022 as compared to Rs.7.45 for the 9 Months period ended December 31, 2021.

Financials	9 Months Ended FY2023	9 Months Ended FY2022	% Change
Total Income	₹483.267 crs	₹449.315 crs	7.56%
Net Profit	₹92.856 crs	₹82.906 crs	12.00%
EPS	₹7.46	₹7.45	0.13%

Shares of Aether Industries Limited was last trading in BSE at Rs. 872.85 as compared to the previous close of Rs. 869.95. The total number of shares traded during the day was 2323 in over 559 trades.

The stock hit an intraday high of Rs. 876.70 and intraday low of 861.70. The net turnover during the day was Rs. 2017535.00.

Source : Equity Bulls

Keywords

AetherIndustries Q3FY23 9MFY23 ResultUpdate