GNA Axles Ltd posts consolidated net profit of Rs. 35.78 crores in Q3 FY2023

GNA Axles 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. 404.6557 crores during the period ended December 31, 2022 as compared to Rs. 419.9637 crores during the period ended September 30, 2022.

The company has posted net profit / (loss) of Rs. 35.7807 crores for the period ended December 31, 2022 as against net profit / (loss) of Rs. 33.3845 crores for the period ended September 30, 2022.

The company has reported EPS of Rs. 16.67 for the period ended December 31, 2022 as compared to Rs. 15.55 for the period ended September 30, 2022.

Financials	Q3 FY2023	Q2 FY2023	% Change
Total Income	₹404.6557 crs	₹419.9637 crs	-3.65%
Net Profit	₹35.7807 crs	₹33.3845 crs	7.18%
EPS	₹16.67	₹15.55	7.20%

Financial Results (Q3 FY2023) - YoY Comparison

The company has reported total income of Rs.404.6557 crores during the period ended December 31, 2022 as compared to Rs.301.2680 crores during the period ended December 31, 2021.

The company has posted net profit / (loss) of Rs.35.7807 crores for the period ended December 31, 2022 as against net profit / (loss) of Rs.16.6723 crores for the period ended December 31, 2021.

The company has reported EPS of Rs.16.67 for the period ended December 31, 2022 as compared to Rs.7.77 for the period ended December 31, 2021.

Financials	Q3 FY2023	Q3 FY2022	% Change
Total Income	₹404.6557 crs	₹301.2680 crs	34.32%
Net Profit	₹35.7807 crs	₹16.6723 crs	114.61%
EPS	₹16.67	₹7.77	114.54%

Financial Results (9 Months Ended FY2023) - YoY Comparison

The company has reported total income of Rs.1200.1885 crores during the 9 Months period ended December 31, 2022 as compared to Rs.970.5361 crores during the 9 Months period ended December 31, 2021.

The company has posted net profit / (loss) of Rs.96.1928 crores for the 9 Months period ended December 31, 2022 as against net profit / (loss) of Rs.70.6440 crores for the 9 Months period ended December 31, 2021.

The company has reported EPS of Rs.44.81 for the 9 Months period ended December 31, 2022 as compared to Rs.32.91 for the 9 Months period ended December 31, 2021.

Financials	9 Months Ended FY2023	9 Months Ended FY2022	% Change
Total Income	₹1200.1885 crs	₹970.5361 crs	23.66%
Net Profit	₹96.1928 crs	₹70.6440 crs	36.17%
EPS	₹44.81	₹32.91	36.16%

Shares of GNA Axles Limited was last trading in BSE at Rs. 771.90 as compared to the previous close of Rs. 731.50. The total number of shares traded during the day was 26356 in over 2789 trades.

The stock hit an intraday high of Rs. 775.50 and intraday low of 722.25. The net turnover during the day was Rs. 20033842.00.

Source : Equity Bulls

Keywords

GNAAxles Q3FY23 9MFY23 ResultUpdate