TANFAC Industries Ltd Q3FY23 net profit soars to Rs. 16.25 crores

TANFAC INDUSTRIES 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. 99.6865 crores during the period ended December 31, 2022 as compared to Rs. 77.8981 crores during the period ended September 30, 2022.

The company has posted net profit / (loss) of Rs. 16.2530 crores for the period ended December 31, 2022 as against net profit / (loss) of Rs. 8.5184 crores for the period ended September 30, 2022.

The company has reported EPS of Rs. 16.29 for the period ended December 31, 2022 as compared to Rs. 8.54 for the period ended September 30, 2022.

Financials	Q3 FY2023	Q2 FY2023	% Change
Total Income	₹99.6865 crs	₹77.8981 crs	27.97%
Net Profit	₹16.2530 crs	₹8.5184 crs	90.80%
EPS	₹16.29	₹8.54	90.75%

Financial Results (Q3 FY2023) - YoY Comparison

The company has reported total income of Rs.99.6865 crores during the period ended December 31, 2022 as compared to Rs.90.9441 crores during the period ended December 31, 2021.

The company has posted net profit / (loss) of Rs.16.2530 crores for the period ended December 31, 2022 as against net profit / (loss) of Rs.14.9657 crores for the period ended December 31, 2021.

The company has reported EPS of Rs.16.29 for the period ended December 31, 2022 as compared to Rs.15 for the period ended December 31, 2021.

Financials	Q3 FY2023	Q3 FY2022	% Change
Total Income	₹99.6865 crs	₹90.9441 crs	9.61%
Net Profit	₹16.2530 crs	₹14.9657 crs	8.60%
EPS	₹16.29	₹15	8.60%

Financial Results (9 Months Ended FY2023) - YoY Comparison

The company has reported total income of Rs.261.0461 crores during the 9 Months period ended December 31, 2022 as compared to Rs.255.2887 crores during the 9 Months period ended December 31, 2021.

The company has posted net profit / (loss) of Rs.33.7518 crores for the 9 Months period ended December 31, 2022 as against net profit / (loss) of Rs.46.2250 crores for the 9 Months period ended December 31, 2021.

The company has reported EPS of Rs.33.84 for the 9 Months period ended December 31, 2022 as compared to Rs.46.34 for the 9 Months period ended December 31, 2021.

Financials	9 Months Ended FY2023	9 Months Ended FY2022	% Change
Total Income	₹261.0461 crs	₹255.2887 crs	2.26%
Net Profit	₹33.7518 crs	₹46.2250 crs	-26.98%
EPS	₹33.84	₹46.34	-26.97%

Shares of TANFAC INDUSTRIES LTD. was last trading in BSE at Rs. 1006.40 as compared to the previous close of Rs. 1034.10. The total number of shares traded during the day was 7604 in over 399 trades.

The stock hit an intraday high of Rs. 1060.00 and intraday low of 982.40. The net turnover during the day was Rs. 7698620.00.

Source : Equity Bulls

Keywords

TanfacIndustries Q3FY23 9MFY23 ResultUpdate