Stock Report

Hi-Tech Pipes Ltd Q3 FY2023 consolidated PAT higher at Rs. 13.01 crores



Posted On : 2023-01-28 17:45:56( TIMEZONE : IST )

Hi-Tech Pipes Ltd Q3 FY2023 consolidated PAT higher at Rs. 13.01 crores

Hi-Tech Pipes 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. 569.8047 crores during the period ended December 31, 2022 as compared to Rs. 599.4067 crores during the period ended September 30, 2022.

The company has posted net profit / (loss) of Rs. 13.0181 crores for the period ended December 31, 2022 as against net profit / (loss) of Rs. 4.3444 crores for the period ended September 30, 2022.

The company has reported EPS of Rs. 7.31 for the period ended December 31, 2022 as compared to Rs. 3.54 for the period ended September 30, 2022.

Financials Q3 FY2023 Q2 FY2023 % Change
Total Income ₹569.8047 crs ₹599.4067 crs Up Tick / Down Tick-4.94%
Net Profit ₹13.0181 crs ₹4.3444 crs Up Tick / Down Tick199.65%
EPS ₹7.31 ₹3.54 Up Tick / Down Tick106.50%

Financial Results (Q3 FY2023) - YoY Comparison

The company has reported total income of Rs.569.8047 crores during the period ended December 31, 2022 as compared to Rs.440.0364 crores during the period ended December 31, 2021.

The company has posted net profit / (loss) of Rs.13.0181 crores for the period ended December 31, 2022 as against net profit / (loss) of Rs.10.1682 crores for the period ended December 31, 2021.

The company has reported EPS of Rs.7.31 for the period ended December 31, 2022 as compared to Rs.8.28 for the period ended December 31, 2021.

Financials Q3 FY2023 Q3 FY2022 % Change
Total Income ₹569.8047 crs ₹440.0364 crs Up Tick / Down Tick29.49%
Net Profit ₹13.0181 crs ₹10.1682 crs Up Tick / Down Tick28.03%
EPS ₹7.31 ₹8.28 Up Tick / Down Tick-11.71%

Financial Results (9 Months Ended FY2023) - YoY Comparison

The company has reported total income of Rs.1513.1671 crores during the 9 Months period ended December 31, 2022 as compared to Rs.1154.5449 crores during the 9 Months period ended December 31, 2021.

The company has posted net profit / (loss) of Rs.21.8406 crores for the 9 Months period ended December 31, 2022 as against net profit / (loss) of Rs.29.1228 crores for the 9 Months period ended December 31, 2021.

The company has reported EPS of Rs.12.28 for the 9 Months period ended December 31, 2022 as compared to Rs.24.42 for the 9 Months period ended December 31, 2021.

Financials 9 Months Ended FY2023 9 Months Ended FY2022 % Change
Total Income ₹1513.1671 crs ₹1154.5449 crs Up Tick / Down Tick31.06%
Net Profit ₹21.8406 crs ₹29.1228 crs Up Tick / Down Tick-25.01%
EPS ₹12.28 ₹24.42 Up Tick / Down Tick-49.71%

Shares of Hi-Tech Pipes Limited was last trading in BSE at Rs. 72.50 as compared to the previous close of Rs. 73.85. The total number of shares traded during the day was 159844 in over 2537 trades.

The stock hit an intraday high of Rs. 74.15 and intraday low of 72.05. The net turnover during the day was Rs. 11621466.00.

Source : Equity Bulls

Keywords

HiTechPipes Q3FY23 9MFY23 ResultUpdate