CarTrade Tech Ltd Q3 FY2023 consolidated profit climbs to Rs. 13.03 crores

CarTrade Tech 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. 115.8596 crores during the period ended December 31, 2022 as compared to Rs. 102.4909 crores during the period ended September 30, 2022.

The company has posted net profit / (loss) of Rs. 13.0349 crores for the period ended December 31, 2022 as against net profit / (loss) of Rs. 3.4422 crores for the period ended September 30, 2022.

The company has reported EPS of Rs. 2.56 for the period ended December 31, 2022 as compared to Rs. 0.68 for the period ended September 30, 2022.

Financials	Q3 FY2023	Q2 FY2023	% Change
Total Income	₹115.8596 crs	₹102.4909 crs	13.04%
Net Profit	₹13.0349 crs	₹3.4422 crs	278.68%
EPS	₹2.56	₹0.68	276.47%

Financial Results (Q3 FY2023) - YoY Comparison

The company has reported total income of Rs.115.8596 crores during the period ended December 31, 2022 as compared to Rs.102.3202 crores during the period ended December 31, 2021.

The company has posted net profit / (loss) of Rs.13.0349 crores for the period ended December 31, 2022 as against net profit / (loss) of Rs.-23.3559 crores for the period ended December 31, 2021.

The company has reported EPS of Rs.2.56 for the period ended December 31, 2022 as compared to Rs.-5.03 for the period ended December 31, 2021.

Financials	Q3 FY2023	Q3 FY2022	% Change
Total Income	₹115.8596 crs	₹102.3202 crs	13.23%
Net Profit	₹13.0349 crs	₹-23.3559 crs	155.81%
EPS	₹2.56	₹-5.03	150.89%

Financial Results (9 Months Ended FY2023) - YoY Comparison

The company has reported total income of Rs.311.1252 crores during the 9 Months period ended December 31, 2022 as compared to Rs.253.0711 crores during the 9 Months period ended December 31, 2021.

The company has posted net profit / (loss) of Rs.19.0424 crores for the 9 Months period ended December 31, 2022 as against net profit / (loss) of Rs.-106.4281 crores for the 9 Months period ended December 31, 2021.

The company has reported EPS of Rs.3.76 for the 9 Months period ended December 31, 2022 as compared to Rs.-23.23 for the 9 Months period ended December 31, 2021.

Financials	9 Months Ended FY2023	9 Months Ended FY2022	% Change
Total Income	₹311.1252 crs	₹253.0711 crs	22.94%
Net Profit	₹19.0424 crs	₹-106.4281 crs	117.89%
EPS	₹3.76	₹-23.23	116.19%

Shares of CarTrade Tech Ltd was last trading in BSE at Rs. 473.20 as compared to the previous close of Rs. 465.15. The total number of shares traded during the day was 3995 in over 511 trades.

The stock hit an intraday high of Rs. 475.95 and intraday low of 458.05. The net turnover during the day was Rs. 1887044.00.

Source : Equity Bulls

Keywords

CarTradeTech Q3FY23 9MFY23 ResultUpdate