India Cements Capital Ltd Q3FY23 profit at Rs. 11.24 lakhs

INDIA CEMENTS CAPITAL LTD. 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. 1.1944 crores during the period ended December 31, 2022 as compared to Rs. 1.4021 crores during the period ended September 30, 2022.

The company has posted net profit / (loss) of Rs. 0.1124 crores for the period ended December 31, 2022 as against net profit / (loss) of Rs. 0.3477 crores for the period ended September 30, 2022.

The company has reported EPS of Rs. 0.05 for the period ended December 31, 2022 as compared to Rs. 0.16 for the period ended September 30, 2022.

Financials	Q3 FY2023	Q2 FY2023	% Change
Total Income	₹1.1944 crs	₹1.4021 crs	-14.81%
Net Profit	₹0.1124 crs	₹0.3477 crs	-67.67%
EPS	₹0.05	₹0.16	-68.75%

Financial Results (Q3 FY2023) - YoY Comparison

The company has reported total income of Rs.1.1944 crores during the period ended December 31, 2022 as compared to Rs.0.8557 crores during the period ended December 31, 2021.

The company has posted net profit / (loss) of Rs.0.1124 crores for the period ended December 31, 2022 as against net profit / (loss) of Rs.0.0726 crores for the period ended December 31, 2021.

The company has reported EPS of Rs.0.05 for the period ended December 31, 2022 as compared to Rs.0.03 for the period ended December 31, 2021.

Financials	Q3 FY2023	Q3 FY2022	% Change
Total Income	₹1.1944 crs	₹0.8557 crs	39.58%
Net Profit	₹0.1124 crs	₹0.0726 crs	54.82%
EPS	₹0.05	₹0.03	66.67%

Financial Results (9 Months Ended FY2023) - YoY Comparison

The company has reported total income of Rs.3.6129 crores during the 9 Months period ended December 31, 2022 as compared to Rs.2.2742 crores during the 9 Months period ended December 31, 2021.

The company has posted net profit / (loss) of Rs.0.5443 crores for the 9 Months period ended December 31, 2022 as against net profit / (loss) of Rs.0.2377 crores for the 9 Months period ended December 31, 2021.

The company has reported EPS of Rs.0.25 for the 9 Months period ended December 31, 2022 as compared to Rs.0.11 for the 9 Months period ended December 31, 2021.

Financials	9 Months Ended FY2023	9 Months Ended FY2022	% Change
Total Income	₹3.6129 crs	₹2.2742 crs	58.86%
Net Profit	₹0.5443 crs	₹0.2377 crs	128.99%
EPS	₹0.25	₹0.11	127.27%

Asset Quality:

Asset Quality	Q3 FY2023	Q2 FY2023	Q3 FY2022
Gross NPA	₹ crs	₹ crs	₹ crs
Gross NPA %	%	%	%
Net NPA	₹ crs	₹ crs	₹ crs
Net NPA %	%	%	%

Gross NPA was at ₹ crs in Q3 FY2023 against ₹ crs in Q3 FY2022. The same was at ₹ crs in Q2 FY2023.

Net NPA was at ₹ crs in Q3 FY2023 against ₹ crs in Q3 FY2022. The same was at ₹ crs in Q2 FY2023.

GNPA was at % of Gross advances as on December 31, 2022 as compared to % as on December 31, 2021 and % as of September 30, 2022.

Net NPA was at % of Gross advances as on December 31, 2022 as compared to % as on December 31, 2021 and % as of September 30, 2022.

Ratios	Q3 FY2023	Q2 FY2023	Q3 FY2022
RoA %	%	%	%
CAR (BASEL III) %	%	%	%

Return on Average Assets (RoA) is at % for Q3 FY2023 against % in Q2 FY2023 and % in Q3 FY2022.

In Q3 FY2023, Bank's total Capital Adequacy Ratio (CAR) was at %, as compared to % in Q2 FY2023 and % in Q3 FY2022.

Shares of INDIA CEMENTS CAPITAL LTD. was last trading in BSE at Rs. 10.95 as compared to the previous close of Rs. 10.95. The total number of shares traded during the day was 3919 in over 40 trades.

The stock hit an intraday high of Rs. 11.44 and intraday low of 10.61. The net turnover during the day was Rs. 42739.00.

Source : Equity Bulls

Keywords

IndiaCementsCapital Q3FY23 9MFY23 ResultUpdate