Refex Industries Ltd Q3FY23 net profit higher at Rs. 26.15 crores

Refex Industries 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. 381.7708 crores during the period ended December 31, 2022 as compared to Rs. 356.2371 crores during the period ended September 30, 2022.

The company has posted net profit / (loss) of Rs. 26.1533 crores for the period ended December 31, 2022 as against net profit / (loss) of Rs. 25.4523 crores for the period ended September 30, 2022.

The company has reported EPS of Rs. 11.85 for the period ended December 31, 2022 as compared to Rs. 12.12 for the period ended September 30, 2022.

Financials	Q3 FY2023	Q2 FY2023	% Change
Total Income	₹381.7708 crs	₹356.2371 crs	7.17%
Net Profit	₹26.1533 crs	₹25.4523 crs	2.75%
EPS	₹11.85	₹12.12	-2.23%

Financial Results (Q3 FY2023) - YoY Comparison

The company has reported total income of Rs.381.7708 crores during the period ended December 31, 2022 as compared to Rs.90.6566 crores during the period ended December 31, 2021.

The company has posted net profit / (loss) of Rs.26.1533 crores for the period ended December 31, 2022 as against net profit / (loss) of Rs.6.8414 crores for the period ended December 31, 2021.

The company has reported EPS of Rs.11.85 for the period ended December 31, 2022 as compared to Rs.3.26 for the period ended December 31, 2021.

Financials	Q3 FY2023	Q3 FY2022	% Change
Total Income	₹381.7708 crs	₹90.6566 crs	321.12%
Net Profit	₹26.1533 crs	₹6.8414 crs	282.28%
EPS	₹11.85	₹3.26	263.50%

Financial Results (9 Months Ended FY2023) - YoY Comparison

The company has reported total income of Rs.1005.4649 crores during the 9 Months period ended December 31, 2022 as compared to Rs.270.8736 crores during the 9 Months period ended December 31, 2021.

The company has posted net profit / (loss) of Rs.65.3911 crores for the 9 Months period ended December 31, 2022 as against net profit / (loss) of Rs.21.3796 crores for the 9 Months period ended December 31, 2021.

The company has reported EPS of Rs.30.61 for the 9 Months period ended December 31, 2022 as compared to Rs.10.18 for the 9 Months period ended December 31, 2021.

Financials	9 Months Ended FY2023	9 Months Ended FY2022	% Change
Total Income	₹1005.4649 crs	₹270.8736 crs	271.19%
Net Profit	₹65.3911 crs	₹21.3796 crs	205.86%
EPS	₹30.61	₹10.18	200.69%

Shares of Refex Industries Limited was last trading in BSE at Rs. 263.45 as compared to the previous close of Rs. 259.00. The total number of shares traded during the day was 67029 in over 2071 trades.

The stock hit an intraday high of Rs. 271.95 and intraday low of 259.80. The net turnover during the day was Rs. 17992362.00.

Source : Equity Bulls

Keywords

RefexIndustries Q3FY23 9MFY23 ResultUpdate