Indo-City Infotech Ltd Q3 FY23 PAT at Rs. 4.62 lakhs

INDO-CITY INFOTECH 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. 6.9423 crores during the period ended December 31, 2022 as compared to Rs. 2.6742 crores during the period ended September 30, 2022.

The company has posted net profit / (loss) of Rs. 0.0462 crores for the period ended December 31, 2022 as against net profit / (loss) of Rs. 0.0271 crores for the period ended September 30, 2022.

The company has reported EPS of Rs. 0.04 for the period ended December 31, 2022 as compared to Rs. 0.03 for the period ended September 30, 2022.

Financials	Q3 FY2023	Q2 FY2023	% Change
Total Income	₹6.9423 crs	₹2.6742 crs	159.60%
Net Profit	₹0.0462 crs	₹0.0271 crs	70.48%
EPS	₹0.04	₹0.03	33.33%

Financial Results (Q3 FY2023) - YoY Comparison

The company has reported total income of Rs.6.9423 crores during the period ended December 31, 2022 as compared to Rs.2.6956 crores during the period ended December 31, 2021.

The company has posted net profit / (loss) of Rs.0.0462 crores for the period ended December 31, 2022 as against net profit / (loss) of Rs.0.0263 crores for the period ended December 31, 2021.

The company has reported EPS of Rs.0.04 for the period ended December 31, 2022 as compared to Rs.0.03 for the period ended December 31, 2021.

Financials	Q3 FY2023	Q3 FY2022	% Change
Total Income	₹6.9423 crs	₹2.6956 crs	157.54%
Net Profit	₹0.0462 crs	₹0.0263 crs	75.67%
EPS	₹0.04	₹0.03	33.33%

Financial Results (9 Months Ended FY2023) - YoY Comparison

The company has reported total income of Rs.12.6876 crores during the 9 Months period ended December 31, 2022 as compared to Rs.6.2205 crores during the 9 Months period ended December 31, 2021.

The company has posted net profit / (loss) of Rs.0.0446 crores for the 9 Months period ended December 31, 2022 as against net profit / (loss) of Rs.0.0969 crores for the 9 Months period ended December 31, 2021.

The company has reported EPS of Rs.0.04 for the 9 Months period ended December 31, 2022 as compared to Rs.0.09 for the 9 Months period ended December 31, 2021.

Financials	9 Months Ended FY2023	9 Months Ended FY2022	% Change
Total Income	₹12.6876 crs	₹6.2205 crs	103.96%
Net Profit	₹0.0446 crs	₹0.0969 crs	-53.97%
EPS	₹0.04	₹0.09	-55.56%

Shares of INDO-CITY INFOTECH LTD. was last trading in BSE at Rs. 7.30 as compared to the previous close of Rs. 7.26. The total number of shares traded during the day was 7557 in over 21 trades.

The stock hit an intraday high of Rs. 7.48 and intraday low of 7.27. The net turnover during the day was Rs. 55037.00.

Source : Equity Bulls

Keywords

IndoCityInfotech Q3FY23 9MFY23 ResultUpdate