Ironwood Education Ltd Q3 FY2022-23 consolidated loss at Rs. 17.90 lakhs

Ironwood Education Ltd 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. 0.9035 crores during the period ended December 31, 2022 as compared to Rs. 0.4961 crores during the period ended September 30, 2022.

The company has posted net profit / (loss) of Rs. -0.1790 crores for the period ended December 31, 2022 as against net profit / (loss) of Rs. -0.6292 crores for the period ended September 30, 2022.

The company has reported EPS of Rs. -0.16 for the period ended December 31, 2022 as compared to Rs. -0.79 for the period ended September 30, 2022.

Financials	Q3 FY2023	Q2 FY2023	% Change
Total Income	₹0.9035 crs	₹0.4961 crs	82.12%
Net Profit	₹-0.1790 crs	₹-0.6292 crs	71.55%
EPS	₹-0.16	₹-0.79	79.75%

Financial Results (Q3 FY2023) - YoY Comparison

The company has reported total income of Rs.0.9035 crores during the period ended December 31, 2022 as compared to Rs.0.5506 crores during the period ended December 31, 2021.

The company has posted net profit / (loss) of Rs.-0.1790 crores for the period ended December 31, 2022 as against net profit / (loss) of Rs.-0.3594 crores for the period ended December 31, 2021.

The company has reported EPS of Rs.-0.16 for the period ended December 31, 2022 as compared to Rs.-0.45 for the period ended December 31, 2021.

Financials	Q3 FY2023	Q3 FY2022	% Change
Total Income	₹0.9035 crs	₹0.5506 crs	64.09%
Net Profit	₹-0.1790 crs	₹-0.3594 crs	50.19%
EPS	₹-0.16	₹-0.45	64.44%

Financial Results (9 Months Ended FY2023) - YoY Comparison

The company has reported total income of Rs.2.2095 crores during the 9 Months period ended December 31, 2022 as compared to Rs.1.8836 crores during the 9 Months period ended December 31, 2021.

The company has posted net profit / (loss) of Rs.-1.2209 crores for the 9 Months period ended December 31, 2022 as against net profit / (loss) of Rs.-1.4078 crores for the 9 Months period ended December 31, 2021.

The company has reported EPS of Rs.-1.53 for the 9 Months period ended December 31, 2022 as compared to Rs.-1.79 for the 9 Months period ended December 31, 2021.

Financials	9 Months Ended FY2023	9 Months Ended FY2022	% Change
Total Income	₹2.2095 crs	₹1.8836 crs	17.30%
Net Profit	₹-1.2209 crs	₹-1.4078 crs	13.28%
EPS	₹-1.53	₹-1.79	14.53%

Shares of Ironwood Education Ltd was last trading in BSE at Rs. 24.65 as compared to the previous close of Rs. 23.65. The total number of shares traded during the day was 6070 in over 31 trades.

The stock hit an intraday high of Rs. 24.80 and intraday low of 23.50. The net turnover during the day was Rs. 149885.00.

Source : Equity Bulls

Keywords

IronwoodEducation Q3FY23 9MFY23 ResultUpdate