Eimco Elecon India Ltd Q3 FY2023 consolidated profit slips QoQ to Rs. 4.91 crores

Eimco Elecon (India) 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. 41.0318 crores during the period ended December 31, 2022 as compared to Rs. 40.2946 crores during the period ended September 30, 2022.

The company has posted net profit / (loss) of Rs. 4.9112 crores for the period ended December 31, 2022 as against net profit / (loss) of Rs. 6.0990 crores for the period ended September 30, 2022.

The company has reported EPS of Rs. 8.51 for the period ended December 31, 2022 as compared to Rs. 10.57 for the period ended September 30, 2022.

Financials	Q3 FY2023	Q2 FY2023	% Change
Total Income	₹41.0318 crs	₹40.2946 crs	1.83%
Net Profit	₹4.9112 crs	₹6.0990 crs	-19.48%
EPS	₹8.51	₹10.57	-19.49%

Financial Results (Q3 FY2023) - YoY Comparison

The company has reported total income of Rs.41.0318 crores during the period ended December 31, 2022 as compared to Rs.24.2536 crores during the period ended December 31, 2021.

The company has posted net profit / (loss) of Rs.4.9112 crores for the period ended December 31, 2022 as against net profit / (loss) of Rs.1.8980 crores for the period ended December 31, 2021.

The company has reported EPS of Rs.8.51 for the period ended December 31, 2022 as compared to Rs.3.29 for the period ended December 31, 2021.

Financials	Q3 FY2023	Q3 FY2022	% Change
Total Income	₹41.0318 crs	₹24.2536 crs	69.18%
Net Profit	₹4.9112 crs	₹1.8980 crs	158.76%
EPS	₹8.51	₹3.29	158.66%

Financial Results (9 Months Ended FY2023) - YoY Comparison

The company has reported total income of Rs.114.9908 crores during the 9 Months period ended December 31, 2022 as compared to Rs.55.9024 crores during the 9 Months period ended December 31, 2021.

The company has posted net profit / (loss) of Rs.9.7132 crores for the 9 Months period ended December 31, 2022 as against net profit / (loss) of Rs.4.8913 crores for the 9 Months period ended December 31, 2021.

The company has reported EPS of Rs.16.84 for the 9 Months period ended December 31, 2022 as compared to Rs.8.48 for the 9 Months period ended December 31, 2021.

Financials	9 Months Ended FY2023	9 Months Ended FY2022	% Change
Total Income	₹114.9908 crs	₹55.9024 crs	105.70%
Net Profit	₹9.7132 crs	₹4.8913 crs	98.58%
EPS	₹16.84	₹8.48	98.58%

Shares of Eimco Elecon (India) Limited was last trading in BSE at Rs. 427.80 as compared to the previous close of Rs. 415.90. The total number of shares traded during the day was 645 in over 115 trades.

The stock hit an intraday high of Rs. 429.10 and intraday low of 415.60. The net turnover during the day was Rs. 269980.00.

Source : Equity Bulls

Keywords

EimcoEleconIndia Q3FY23 9MFY23 ResultUpdate