Aksh Optifibre Ltd reports jump in Q3FY23 consolidated profit to Rs. 1.18 crore

Aksh Optifibre 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. 69.4398 crores during the period ended December 31, 2022 as compared to Rs. 59.3511 crores during the period ended September 30, 2022.

The company has posted net profit / (loss) of Rs. 1.1864 crores for the period ended December 31, 2022 as against net profit / (loss) of Rs. -2.6740 crores for the period ended September 30, 2022.

The company has reported EPS of Rs. 0.07 for the period ended December 31, 2022 as compared to Rs. -0.16 for the period ended September 30, 2022.

Financials	Q3 FY2023	Q2 FY2023	% Change
Total Income	₹69.4398 crs	₹59.3511 crs	17.00%
Net Profit	₹1.1864 crs	₹-2.6740 crs	144.37%
EPS	₹0.07	₹-0.16	143.75%

Financial Results (Q3 FY2023) - YoY Comparison

The company has reported total income of Rs.69.4398 crores during the period ended December 31, 2022 as compared to Rs.81.3218 crores during the period ended December 31, 2021.

The company has posted net profit / (loss) of Rs.1.1864 crores for the period ended December 31, 2022 as against net profit / (loss) of Rs.0.0699 crores for the period ended December 31, 2021.

The company has reported EPS of Rs.0.07 for the period ended December 31, 2022 as compared to Rs.0.0042 for the period ended December 31, 2021.

Financials	Q3 FY2023	Q3 FY2022	% Change
Total Income	₹69.4398 crs	₹81.3218 crs	-14.61%
Net Profit	₹1.1864 crs	₹0.0699 crs	1,597.28%
EPS	₹0.07	₹0.0042	1,566.67%

Financial Results (9 Months Ended FY2023) - YoY Comparison

The company has reported total income of Rs.209.1675 crores during the 9 Months period ended December 31, 2022 as compared to Rs.232.3456 crores during the 9 Months period ended December 31, 2021.

The company has posted net profit / (loss) of Rs.-0.1383 crores for the 9 Months period ended December 31, 2022 as against net profit / (loss) of Rs.-2.0920 crores for the 9 Months period ended December 31, 2021.

The company has reported EPS of Rs.-0.01 for the 9 Months period ended December 31, 2022 as compared to Rs.-0.13 for the 9 Months period ended December 31, 2021.

Financials	9 Months Ended FY2023	9 Months Ended FY2022	% Change
Total Income	₹209.1675 crs	₹232.3456 crs	-9.98%
Net Profit	₹-0.1383 crs	₹-2.0920 crs	93.39%
EPS	₹-0.01	₹-0.13	92.31%

Shares of Aksh Optifibre Limited was last trading in BSE at Rs. 10.45 as compared to the previous close of Rs. 10.43. The total number of shares traded during the day was 27803 in over 164 trades.

The stock hit an intraday high of Rs. 10.68 and intraday low of 10.36. The net turnover during the day was Rs. 292241.00.

Source : Equity Bulls

Keywords

AkshOptifibre Q3FY23 9MFY23 ResultUpdate