Stock Report

Hind Rectifiers Ltd Q3FY23 net profit climbs to Rs. 2.42 crore



Posted On : 2023-02-02 14:42:25( TIMEZONE : IST )

Hind Rectifiers Ltd Q3FY23 net profit climbs to Rs. 2.42 crore

Hind Rectifiers 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. 97.2734 crores during the period ended December 31, 2022 as compared to Rs. 77.7003 crores during the period ended September 30, 2022.

The company has posted net profit / (loss) of Rs. 2.4236 crores for the period ended December 31, 2022 as against net profit / (loss) of Rs. -4.0606 crores for the period ended September 30, 2022.

The company has reported EPS of Rs. 1.45 for the period ended December 31, 2022 as compared to Rs. -2.44 for the period ended September 30, 2022.

Financials Q3 FY2023 Q2 FY2023 % Change
Total Income ₹97.2734 crs ₹77.7003 crs Up Tick / Down Tick25.19%
Net Profit ₹2.4236 crs ₹-4.0606 crs Up Tick / Down Tick159.69%
EPS ₹1.45 ₹-2.44 Up Tick / Down Tick159.43%

Financial Results (Q3 FY2023) - YoY Comparison

The company has reported total income of Rs.97.2734 crores during the period ended December 31, 2022 as compared to Rs.94.2260 crores during the period ended December 31, 2021.

The company has posted net profit / (loss) of Rs.2.4236 crores for the period ended December 31, 2022 as against net profit / (loss) of Rs.1.3114 crores for the period ended December 31, 2021.

The company has reported EPS of Rs.1.45 for the period ended December 31, 2022 as compared to Rs.0.79 for the period ended December 31, 2021.

Financials Q3 FY2023 Q3 FY2022 % Change
Total Income ₹97.2734 crs ₹94.2260 crs Up Tick / Down Tick3.23%
Net Profit ₹2.4236 crs ₹1.3114 crs Up Tick / Down Tick84.81%
EPS ₹1.45 ₹0.79 Up Tick / Down Tick83.54%

Financial Results (9 Months Ended FY2023) - YoY Comparison

The company has reported total income of Rs.247.6330 crores during the 9 Months period ended December 31, 2022 as compared to Rs.269.9446 crores during the 9 Months period ended December 31, 2021.

The company has posted net profit / (loss) of Rs.-3.9078 crores for the 9 Months period ended December 31, 2022 as against net profit / (loss) of Rs.6.2352 crores for the 9 Months period ended December 31, 2021.

The company has reported EPS of Rs.-2.35 for the 9 Months period ended December 31, 2022 as compared to Rs.3.74 for the 9 Months period ended December 31, 2021.

Financials 9 Months Ended FY2023 9 Months Ended FY2022 % Change
Total Income ₹247.6330 crs ₹269.9446 crs Up Tick / Down Tick-8.27%
Net Profit ₹-3.9078 crs ₹6.2352 crs Up Tick / Down Tick-162.67%
EPS ₹-2.35 ₹3.74 Up Tick / Down Tick-162.83%

Shares of Hind Rectifiers Limited was last trading in BSE at Rs. 213.65 as compared to the previous close of Rs. 221.35. The total number of shares traded during the day was 498 in over 49 trades.

The stock hit an intraday high of Rs. 230.30 and intraday low of 211.10. The net turnover during the day was Rs. 109056.00.

Source : Equity Bulls

Keywords

HindRectifiers Q3FY23 9MFY23 ResultUpdate