Shiva Cement Ltd's Q3FY23 loss widens to Rs. 24.67 crores

SHIVA CEMENT 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. 1.0682 crores during the period ended December 31, 2022 as compared to Rs. 0.25 crores during the period ended September 30, 2022.

The company has posted net profit / (loss) of Rs. -24.6726 crores for the period ended December 31, 2022 as against net profit / (loss) of Rs. -11.1895 crores for the period ended September 30, 2022.

The company has reported EPS of Rs. -1.27 for the period ended December 31, 2022 as compared to Rs. -0.57 for the period ended September 30, 2022.

Financials	Q3 FY2023	Q2 FY2023	% Change
Total Income	₹1.0682 crs	₹0.25 crs	327.28%
Net Profit	₹-24.6726 crs	₹-11.1895 crs	120.50%
EPS	₹-1.27	₹-0.57	122.81%

Financial Results (Q3 FY2023) - YoY Comparison

The company has reported total income of Rs.1.0682 crores during the period ended December 31, 2022 as compared to Rs.0.20 crores during the period ended December 31, 2021.

The company has posted net profit / (loss) of Rs.-24.6726 crores for the period ended December 31, 2022 as against net profit / (loss) of Rs.-4.3915 crores for the period ended December 31, 2021.

The company has reported EPS of Rs.-1.27 for the period ended December 31, 2022 as compared to Rs.-0.23 for the period ended December 31, 2021.

Financials	Q3 FY2023	Q3 FY2022	% Change
Total Income	₹1.0682 crs	₹0.20 crs	434.10%
Net Profit	₹-24.6726 crs	₹-4.3915 crs	461.83%
EPS	₹-1.27	₹-0.23	452.17%

Financial Results (9 Months Ended FY2023) - YoY Comparison

The company has reported total income of Rs.2.5946 crores during the 9 Months period ended December 31, 2022 as compared to Rs.4.4062 crores during the 9 Months period ended December 31, 2021.

The company has posted net profit / (loss) of Rs.-49.2395 crores for the 9 Months period ended December 31, 2022 as against net profit / (loss) of Rs.-14.1975 crores for the 9 Months period ended December 31, 2021.

The company has reported EPS of Rs.-2.53 for the 9 Months period ended December 31, 2022 as compared to Rs.-0.73 for the 9 Months period ended December 31, 2021.

Financials	9 Months Ended FY2023	9 Months Ended FY2022	% Change
Total Income	₹2.5946 crs	₹4.4062 crs	-41.11%
Net Profit	₹-49.2395 crs	₹-14.1975 crs	246.82%
EPS	₹-2.53	₹-0.73	246.58%

Shares of SHIVA CEMENT LTD. was last trading in BSE at Rs. 57.65 as compared to the previous close of Rs. 57.90. The total number of shares traded during the day was 152935 in over 489 trades.

The stock hit an intraday high of Rs. 59.15 and intraday low of 57.15. The net turnover during the day was Rs. 8861816.00.

Source : Equity Bulls

Keywords

ShivaCement Q3FY23 9MFY23 ResultUpdate