Tuticorin Alkali Chemicals and Fertilizers Ltd Q3 FY2023 net profit slips QoQ to Rs. 17.59 crores

Tuticorin Alkali Chemicals And Fertilizers 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. 148.5142 crores during the period ended December 31, 2022 as compared to Rs. 119.8354 crores during the period ended September 30, 2022.

The company has posted net profit / (loss) of Rs. 17.5935 crores for the period ended December 31, 2022 as against net profit / (loss) of Rs. 20.6360 crores for the period ended September 30, 2022.

The company has reported EPS of Rs. 1.44 for the period ended December 31, 2022 as compared to Rs. 1.69 for the period ended September 30, 2022.

Financials	Q3 FY2023	Q2 FY2023	% Change
Total Income	₹148.5142 crs	₹119.8354 crs	23.93%
Net Profit	₹17.5935 crs	₹20.6360 crs	-14.74%
EPS	₹1.44	₹1.69	-14.79%

Financial Results (Q3 FY2023) - YoY Comparison

The company has reported total income of Rs.148.5142 crores during the period ended December 31, 2022 as compared to Rs.50.1498 crores during the period ended December 31, 2021.

The company has posted net profit / (loss) of Rs.17.5935 crores for the period ended December 31, 2022 as against net profit / (loss) of Rs.-13.2675 crores for the period ended December 31, 2021.

The company has reported EPS of Rs.1.44 for the period ended December 31, 2022 as compared to Rs.-1.09 for the period ended December 31, 2021.

Financials	Q3 FY2023	Q3 FY2022	% Change
Total Income	₹148.5142 crs	₹50.1498 crs	196.14%
Net Profit	₹17.5935 crs	₹-13.2675 crs	232.61%
EPS	₹1.44	₹-1.09	232.11%

Financial Results (9 Months Ended FY2023) - YoY Comparison

The company has reported total income of Rs.380.9030 crores during the 9 Months period ended December 31, 2022 as compared to Rs.95.5208 crores during the 9 Months period ended December 31, 2021.

The company has posted net profit / (loss) of Rs.52.6939 crores for the 9 Months period ended December 31, 2022 as against net profit / (loss) of Rs.-48.6282 crores for the 9 Months period ended December 31, 2021.

The company has reported EPS of Rs.4.32 for the 9 Months period ended December 31, 2022 as compared to Rs.-3.99 for the 9 Months period ended December 31, 2021.

Financials	9 Months Ended FY2023	9 Months Ended FY2022	% Change
Total Income	₹380.9030 crs	₹95.5208 crs	298.76%
Net Profit	₹52.6939 crs	₹-48.6282 crs	208.36%
EPS	₹4.32	₹-3.99	208.27%

Shares of Tuticorin Alkali Chemicals And Fertilizers Ltd was last trading in BSE at Rs. 61.35 as compared to the previous close of Rs. 63.20. The total number of shares traded during the day was 53618 in over 221 trades.

The stock hit an intraday high of Rs. 64.75 and intraday low of 60.05. The net turnover during the day was Rs. 3289810.00.

Source : Equity Bulls

Keywords

TuticorinAlkaliChemicalsandFertilizers Q3FY23 9MFY23 ResultUpdate