Suraj Ltd Q3FY23 net profit jumps to Rs. 3.53 crores

SURAJ 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. 95.3223 crores during the period ended December 31, 2022 as compared to Rs. 108.8640 crores during the period ended September 30, 2022.

The company has posted net profit / (loss) of Rs. 3.5363 crores for the period ended December 31, 2022 as against net profit / (loss) of Rs. 1.8511 crores for the period ended September 30, 2022.

The company has reported EPS of Rs. 1.93 for the period ended December 31, 2022 as compared to Rs. 0.96 for the period ended September 30, 2022.

Financials	Q3 FY2023	Q2 FY2023	% Change
Total Income	₹95.3223 crs	₹108.8640 crs	-12.44%
Net Profit	₹3.5363 crs	₹1.8511 crs	91.04%
EPS	₹1.93	₹0.96	101.04%

Financial Results (Q3 FY2023) - YoY Comparison

The company has reported total income of Rs.95.3223 crores during the period ended December 31, 2022 as compared to Rs.95.2365 crores during the period ended December 31, 2021.

The company has posted net profit / (loss) of Rs.3.5363 crores for the period ended December 31, 2022 as against net profit / (loss) of Rs.1.0942 crores for the period ended December 31, 2021.

The company has reported EPS of Rs.1.93 for the period ended December 31, 2022 as compared to Rs.0.57 for the period ended December 31, 2021.

Financials	Q3 FY2023	Q3 FY2022	% Change
Total Income	₹95.3223 crs	₹95.2365 crs	0.09%
Net Profit	₹3.5363 crs	₹1.0942 crs	223.19%
EPS	₹1.93	₹0.57	238.60%

Financial Results (9 Months Ended FY2023) - YoY Comparison

The company has reported total income of Rs.288.0521 crores during the 9 Months period ended December 31, 2022 as compared to Rs.230.1830 crores during the 9 Months period ended December 31, 2021.

The company has posted net profit / (loss) of Rs.7.4516 crores for the 9 Months period ended December 31, 2022 as against net profit / (loss) of Rs.2.2650 crores for the 9 Months period ended December 31, 2021.

The company has reported EPS of Rs.4.06 for the 9 Months period ended December 31, 2022 as compared to Rs.1.18 for the 9 Months period ended December 31, 2021.

Financials	9 Months Ended FY2023	9 Months Ended FY2022	% Change
Total Income	₹288.0521 crs	₹230.1830 crs	25.14%
Net Profit	₹7.4516 crs	₹2.2650 crs	228.99%
EPS	₹4.06	₹1.18	244.07%

Shares of SURAJ LTD. was last trading in BSE at Rs. 71.95 as compared to the previous close of Rs. 68.60. The total number of shares traded during the day was 25759 in over 190 trades.

The stock hit an intraday high of Rs. 75.45 and intraday low of 68.00. The net turnover during the day was Rs. 1888850.00.

Source : Equity Bulls

Keywords

Suraj Q3FY23 9MFY23 ResultUpdate