Tainwala Chemicals and Plastics India Ltd Q3FY23 net profit up at Rs. 3.50 crores

Tainwala Chemical and Plastic (I) Limited 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. 5.31 crores during the period ended December 31, 2022 as compared to Rs. 5.0154 crores during the period ended September 30, 2022.

The company has posted net profit / (loss) of Rs. 3.5065 crores for the period ended December 31, 2022 as against net profit / (loss) of Rs. 2.4599 crores for the period ended September 30, 2022.

The company has reported EPS of Rs. 3.74 for the period ended December 31, 2022 as compared to Rs. 2.63 for the period ended September 30, 2022.

Financials	Q3 FY2023	Q2 FY2023	% Change
Total Income	₹5.31 crs	₹5.0154 crs	5.87%
Net Profit	₹3.5065 crs	₹2.4599 crs	42.55%
EPS	₹3.74	₹2.63	42.21%

Financial Results (Q3 FY2023) - YoY Comparison

The company has reported total income of Rs.5.31 crores during the period ended December 31, 2022 as compared to Rs.6.4897 crores during the period ended December 31, 2021.

The company has posted net profit / (loss) of Rs.3.5065 crores for the period ended December 31, 2022 as against net profit / (loss) of Rs.1.7670 crores for the period ended December 31, 2021.

The company has reported EPS of Rs.3.74 for the period ended December 31, 2022 as compared to Rs.1.89 for the period ended December 31, 2021.

Financials	Q3 FY2023	Q3 FY2022	% Change
Total Income	₹5.31 crs	₹6.4897 crs	-18.18%
Net Profit	₹3.5065 crs	₹1.7670 crs	98.44%
EPS	₹3.74	₹1.89	97.88%

Financial Results (9 Months Ended FY2023) - YoY Comparison

The company has reported total income of Rs.12.6416 crores during the 9 Months period ended December 31, 2022 as compared to Rs.10.5722 crores during the 9 Months period ended December 31, 2021.

The company has posted net profit / (loss) of Rs.6.1043 crores for the 9 Months period ended December 31, 2022 as against net profit / (loss) of Rs.1.3606 crores for the 9 Months period ended December 31, 2021.

The company has reported EPS of Rs.6.52 for the 9 Months period ended December 31, 2022 as compared to Rs.1.45 for the 9 Months period ended December 31, 2021.

Financials	9 Months Ended FY2023	9 Months Ended FY2022	% Change
Total Income	₹12.6416 crs	₹10.5722 crs	19.57%
Net Profit	₹6.1043 crs	₹1.3606 crs	348.65%
EPS	₹6.52	₹1.45	349.66%

Shares of Tainwala Chemical and Plastic (I) Limited was last trading in BSE at Rs. 107.90 as compared to the previous close of Rs. 108.00. The total number of shares traded during the day was 2369 in over 41 trades.

The stock hit an intraday high of Rs. 112.40 and intraday low of 105.80. The net turnover during the day was Rs. 257613.00.

Source : Equity Bulls

Keywords

TainwalaChemicalsandPlasticsIndia Q3FY23 9MFY23 ResultUpdate