Cubex Tubings Ltd Q3 FY2023 profit higher at Rs. 58.18 lakhs

Cubex Tubings 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. 53.0258 crores during the period ended December 31, 2022 as compared to Rs. 46.3762 crores during the period ended September 30, 2022.

The company has posted net profit / (loss) of Rs. 0.5818 crores for the period ended December 31, 2022 as against net profit / (loss) of Rs. 0.3617 crores for the period ended September 30, 2022.

The company has reported EPS of Rs. 0.41 for the period ended December 31, 2022 as compared to Rs. 0.25 for the period ended September 30, 2022.

Financials	Q3 FY2023	Q2 FY2023	% Change
Total Income	₹53.0258 crs	₹46.3762 crs	14.34%
Net Profit	₹0.5818 crs	₹0.3617 crs	60.85%
EPS	₹0.41	₹0.25	64.00%

Financial Results (Q3 FY2023) - YoY Comparison

The company has reported total income of Rs.53.0258 crores during the period ended December 31, 2022 as compared to Rs.33.3948 crores during the period ended December 31, 2021.

The company has posted net profit / (loss) of Rs.0.5818 crores for the period ended December 31, 2022 as against net profit / (loss) of Rs.0.3798 crores for the period ended December 31, 2021.

The company has reported EPS of Rs.0.41 for the period ended December 31, 2022 as compared to Rs.0.26 for the period ended December 31, 2021.

Financials	Q3 FY2023	Q3 FY2022	% Change
Total Income	₹53.0258 crs	₹33.3948 crs	58.78%
Net Profit	₹0.5818 crs	₹0.3798 crs	53.19%
EPS	₹0.41	₹0.26	57.69%

Financial Results (9 Months Ended FY2023) - YoY Comparison

The company has reported total income of Rs.133.4078 crores during the 9 Months period ended December 31, 2022 as compared to Rs.93.3923 crores during the 9 Months period ended December 31, 2021.

The company has posted net profit / (loss) of Rs.1.3611 crores for the 9 Months period ended December 31, 2022 as against net profit / (loss) of Rs.1.2426 crores for the 9 Months period ended December 31, 2021.

The company has reported EPS of Rs.0.95 for the 9 Months period ended December 31, 2022 as compared to Rs.0.87 for the 9 Months period ended December 31, 2021.

Financials	9 Months Ended FY2023	9 Months Ended FY2022	% Change
Total Income	₹133.4078 crs	₹93.3923 crs	42.85%
Net Profit	₹1.3611 crs	₹1.2426 crs	9.54%
EPS	₹0.95	₹0.87	9.20%

Shares of Cubex Tubings Limited was last trading in BSE at Rs. 34.55 as compared to the previous close of Rs. 33.35. The total number of shares traded during the day was 11340 in over 134 trades.

The stock hit an intraday high of Rs. 34.85 and intraday low of 33.40. The net turnover during the day was Rs. 388511.00.

Source : Equity Bulls

Keywords

CubexTubings Q3FY23 9MFY23 ResultUpdate