Tata Chemicals Ltd consolidated Q3 FY23 net profit at Rs. 391 crores

Tata Chemicals 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. 4185 crores during the period ended December 31, 2022 as compared to Rs. 4299 crores during the period ended September 30, 2022.

The company has posted net profit / (loss) of Rs. 391 crores for the period ended December 31, 2022 as against net profit / (loss) of Rs. 628 crores for the period ended September 30, 2022.

The company has reported EPS of Rs. 15.35 for the period ended December 31, 2022 as compared to Rs. 24.65 for the period ended September 30, 2022.

Financials	Q3 FY2023	Q2 FY2023	% Change
Total Income	₹4185 crs	₹4299 crs	-2.65%
Net Profit	₹391 crs	₹628 crs	-37.74%
EPS	₹15.35	₹24.65	-37.73%

Financial Results (Q3 FY2023) - YoY Comparison

The company has reported total income of Rs.4185 crores during the period ended December 31, 2022 as compared to Rs.3180 crores during the period ended December 31, 2021.

The company has posted net profit / (loss) of Rs.391 crores for the period ended December 31, 2022 as against net profit / (loss) of Rs.311 crores for the period ended December 31, 2021.

The company has reported EPS of Rs.15.35 for the period ended December 31, 2022 as compared to Rs.12.19 for the period ended December 31, 2021.

Financials	Q3 FY2023	Q3 FY2022	% Change
Total Income	₹4185 crs	₹3180 crs	31.60%
Net Profit	₹391 crs	₹311 crs	25.72%
EPS	₹15.35	₹12.19	25.92%

Financial Results (9 Months Ended FY2023) - YoY Comparison

The company has reported total income of Rs.12525 crores during the 9 Months period ended December 31, 2022 as compared to Rs.9291 crores during the 9 Months period ended December 31, 2021.

The company has posted net profit / (loss) of Rs.1608 crores for the 9 Months period ended December 31, 2022 as against net profit / (loss) of Rs.820 crores for the 9 Months period ended December 31, 2021.

The company has reported EPS of Rs.63.12 for the 9 Months period ended December 31, 2022 as compared to Rs.32.17 for the 9 Months period ended December 31, 2021.

Financials	9 Months Ended FY2023	9 Months Ended FY2022	% Change
Total Income	₹12525 crs	₹9291 crs	34.81%
Net Profit	₹1608 crs	₹820 crs	96.10%
EPS	₹63.12	₹32.17	96.21%

Shares of Tata Chemicals Limited was last trading in BSE at Rs. 973.10 as compared to the previous close of Rs. 955.10. The total number of shares traded during the day was 15709 in over 1509 trades.

The stock hit an intraday high of Rs. 978.55 and intraday low of 955.45. The net turnover during the day was Rs. 15223158.00.

Source : Equity Bulls

Keywords

TataChemicals Q3FY23 9MFY23 ResultUpdate