Dhanlaxmi Cotex Ltd Q3FY23 loss at Rs. 9.32 lakhs

DHANLAXMI COTEX 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. 4.4026 crores during the period ended December 31, 2022 as compared to Rs. 11.1047 crores during the period ended September 30, 2022.

The company has posted net profit / (loss) of Rs. -0.0932 crores for the period ended December 31, 2022 as against net profit / (loss) of Rs. 0.3882 crores for the period ended September 30, 2022.

The company has reported EPS of Rs. -0.19 for the period ended December 31, 2022 as compared to Rs. 0.80 for the period ended September 30, 2022.

Financials	Q3 FY2023	Q2 FY2023	% Change
Total Income	₹4.4026 crs	₹11.1047 crs	-60.35%
Net Profit	₹-0.0932 crs	₹0.3882 crs	-124.01%
EPS	₹-0.19	₹0.80	-123.75%

Financial Results (Q3 FY2023) - YoY Comparison

The company has reported total income of Rs.4.4026 crores during the period ended December 31, 2022 as compared to Rs.3.6826 crores during the period ended December 31, 2021.

The company has posted net profit / (loss) of Rs.-0.0932 crores for the period ended December 31, 2022 as against net profit / (loss) of Rs.0.4838 crores for the period ended December 31, 2021.

The company has reported EPS of Rs.-0.19 for the period ended December 31, 2022 as compared to Rs.0.99 for the period ended December 31, 2021.

Financials	Q3 FY2023	Q3 FY2022	% Change
Total Income	₹4.4026 crs	₹3.6826 crs	19.55%
Net Profit	₹-0.0932 crs	₹0.4838 crs	-119.26%
EPS	₹-0.19	₹0.99	-119.19%

Financial Results (9 Months Ended FY2023) - YoY Comparison

The company has reported total income of Rs.20.2921 crores during the 9 Months period ended December 31, 2022 as compared to Rs.18.0639 crores during the 9 Months period ended December 31, 2021.

The company has posted net profit / (loss) of Rs.0.5998 crores for the 9 Months period ended December 31, 2022 as against net profit / (loss) of Rs.3.5762 crores for the 9 Months period ended December 31, 2021.

The company has reported EPS of Rs.1.23 for the 9 Months period ended December 31, 2022 as compared to Rs.7.34 for the 9 Months period ended December 31, 2021.

Financials	9 Months Ended FY2023	9 Months Ended FY2022	% Change
Total Income	₹20.2921 crs	₹18.0639 crs	12.34%
Net Profit	₹0.5998 crs	₹3.5762 crs	-83.23%
EPS	₹1.23	₹7.34	-83.24%

Shares of DHANLAXMI COTEX LTD. was last trading in BSE at Rs. 48.10 as compared to the previous close of Rs. 50.25. The total number of shares traded during the day was 58 in over 6 trades.

The stock hit an intraday high of Rs. 50.25 and intraday low of 47.75. The net turnover during the day was Rs. 2780.00.

Source : Equity Bulls

Keywords

DhanlaxmiCotex Q3FY23 9MFY23 ResultUpdate