Stock Report

Kaveri Seed Company Ltd consolidated Q3FY23 PAT surges to Rs. 38.09 crores

Posted On : 2023-01-25 09:52:37( TIMEZONE : IST )

Kaveri Seed Company 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. 175.9831 crores during the period ended December 31, 2022 as compared to Rs. 174.5749 crores during the period ended September 30, 2022.

The company has posted net profit / (loss) of Rs. 38.0932 crores for the period ended December 31, 2022 as against net profit / (loss) of Rs. 5.3007 crores for the period ended September 30, 2022.

The company has reported EPS of Rs. 7.42 for the period ended December 31, 2022 as compared to Rs. 0.28 for the period ended September 30, 2022.

Financials	Q3 FY2023	Q2 FY2023	% Change
Total Income	₹175.9831 crs	₹174.5749 crs	0.81%
Net Profit	₹38.0932 crs	₹5.3007 crs	618.64%
EPS	₹7.42	₹0.28	2,550.00%

Financial Results (Q3 FY2023) - YoY Comparison

The company has reported total income of Rs.175.9831 crores during the period ended December 31, 2022 as compared to Rs.132.8063 crores during the period ended December 31, 2021.

The company has posted net profit / (loss) of Rs.38.0932 crores for the period ended December 31, 2022 as against net profit / (loss) of Rs.7.6442 crores for the period ended December 31, 2021.

The company has reported EPS of Rs.7.42 for the period ended December 31, 2022 as compared to Rs.1.91 for the period ended December 31, 2021.

Financials	Q3 FY2023	Q3 FY2022	% Change
Total Income	₹175.9831 crs	₹132.8063 crs	32.51%
Net Profit	₹38.0932 crs	₹7.6442 crs	398.33%
EPS	₹7.42	₹1.91	288.48%

Financial Results (9 Months Ended FY2023) - YoY Comparison

The company has reported total income of Rs.1043.6050 crores during the 9 Months period ended December 31, 2022 as compared to Rs.940.3791 crores during the 9 Months period ended December 31, 2021.

The company has posted net profit / (loss) of Rs.287.2150 crores for the 9 Months period ended December 31, 2022 as against net profit / (loss) of Rs.224.2214 crores for the 9 Months period ended December 31, 2021.

The company has reported EPS of Rs.50.14 for the 9 Months period ended December 31, 2022 as compared to Rs.38.38 for the 9 Months period ended December 31, 2021.

Financials	9 Months Ended FY2023	9 Months Ended FY2022	% Change
Total Income	₹1043.6050 crs	₹940.3791 crs	10.98%
Net Profit	₹287.2150 crs	₹224.2214 crs	28.09%
EPS	₹50.14	₹38.38	30.64%

Shares of Kaveri Seed Company Limited was last trading in BSE at Rs. 529.20 as compared to the previous close of Rs. 512.35. The total number of shares traded during the day was 40745 in over 2702 trades.

The stock hit an intraday high of Rs. 533.95 and intraday low of 503.05. The net turnover during the day was Rs. 21211360.00.