Stock Report

Chennai Ferrous Industries Ltd Q3FY23 net profit slips to Rs. 34.61 lakhs



Posted On : 2023-02-02 17:01:06( TIMEZONE : IST )

Chennai Ferrous Industries Ltd Q3FY23 net profit slips to Rs. 34.61 lakhs

Chennai Ferrous Industries Ltd 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. 40.9139 crores during the period ended December 31, 2022 as compared to Rs. 36.9481 crores during the period ended September 30, 2022.

The company has posted net profit / (loss) of Rs. 0.3461 crores for the period ended December 31, 2022 as against net profit / (loss) of Rs. 0.3719 crores for the period ended September 30, 2022.

The company has reported EPS of Rs. 0.96 for the period ended December 31, 2022 as compared to Rs. 1.03 for the period ended September 30, 2022.

Financials Q3 FY2023 Q2 FY2023 % Change
Total Income ₹40.9139 crs ₹36.9481 crs Up Tick / Down Tick10.73%
Net Profit ₹0.3461 crs ₹0.3719 crs Up Tick / Down Tick-6.94%
EPS ₹0.96 ₹1.03 Up Tick / Down Tick-6.80%

Financial Results (Q3 FY2023) - YoY Comparison

The company has reported total income of Rs.40.9139 crores during the period ended December 31, 2022 as compared to Rs.28.0992 crores during the period ended December 31, 2021.

The company has posted net profit / (loss) of Rs.0.3461 crores for the period ended December 31, 2022 as against net profit / (loss) of Rs.8.1452 crores for the period ended December 31, 2021.

The company has reported EPS of Rs.0.96 for the period ended December 31, 2022 as compared to Rs.22.60 for the period ended December 31, 2021.

Financials Q3 FY2023 Q3 FY2022 % Change
Total Income ₹40.9139 crs ₹28.0992 crs Up Tick / Down Tick45.61%
Net Profit ₹0.3461 crs ₹8.1452 crs Up Tick / Down Tick-95.75%
EPS ₹0.96 ₹22.60 Up Tick / Down Tick-95.75%

Financial Results (9 Months Ended FY2023) - YoY Comparison

The company has reported total income of Rs.108.5603 crores during the 9 Months period ended December 31, 2022 as compared to Rs.41.2418 crores during the 9 Months period ended December 31, 2021.

The company has posted net profit / (loss) of Rs.4.3981 crores for the 9 Months period ended December 31, 2022 as against net profit / (loss) of Rs.14.2071 crores for the 9 Months period ended December 31, 2021.

The company has reported EPS of Rs.12.20 for the 9 Months period ended December 31, 2022 as compared to Rs.39.42 for the 9 Months period ended December 31, 2021.

Financials 9 Months Ended FY2023 9 Months Ended FY2022 % Change
Total Income ₹108.5603 crs ₹41.2418 crs Up Tick / Down Tick163.23%
Net Profit ₹4.3981 crs ₹14.2071 crs Up Tick / Down Tick-69.04%
EPS ₹12.20 ₹39.42 Up Tick / Down Tick-69.05%

Shares of Chennai Ferrous Industries Ltd was last trading in BSE at Rs. 187.80 as compared to the previous close of Rs. 195.65. The total number of shares traded during the day was 5813 in over 235 trades.

The stock hit an intraday high of Rs. 203.00 and intraday low of 185.00. The net turnover during the day was Rs. 1130862.00.

Source : Equity Bulls

Keywords

ChennaiFerrousIndustries Q3FY23 9MFY23 ResultUpdate