International Combustion India Ltd Q3 FY2023 PAT jumps to Rs. 3.39 crore

INTERNATIONAL COMBUSTION (INDIA) 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. 59.8758 crores during the period ended December 31, 2022 as compared to Rs. 55.6561 crores during the period ended September 30, 2022.

The company has posted net profit / (loss) of Rs. 3.3958 crores for the period ended December 31, 2022 as against net profit / (loss) of Rs. 1.1749 crores for the period ended September 30, 2022.

The company has reported EPS of Rs. 14.21 for the period ended December 31, 2022 as compared to Rs. 4.91 for the period ended September 30, 2022.

Financials	Q3 FY2023	Q2 FY2023	% Change
Total Income	₹59.8758 crs	₹55.6561 crs	7.58%
Net Profit	₹3.3958 crs	₹1.1749 crs	189.03%
EPS	₹14.21	₹4.91	189.41%

Financial Results (Q3 FY2023) - YoY Comparison

The company has reported total income of Rs.59.8758 crores during the period ended December 31, 2022 as compared to Rs.47.4484 crores during the period ended December 31, 2021.

The company has posted net profit / (loss) of Rs.3.3958 crores for the period ended December 31, 2022 as against net profit / (loss) of Rs.2.4857 crores for the period ended December 31, 2021.

The company has reported EPS of Rs.14.21 for the period ended December 31, 2022 as compared to Rs.10.40 for the period ended December 31, 2021.

Financials	Q3 FY2023	Q3 FY2022	% Change
Total Income	₹59.8758 crs	₹47.4484 crs	26.19%
Net Profit	₹3.3958 crs	₹2.4857 crs	36.61%
EPS	₹14.21	₹10.40	36.63%

Financial Results (9 Months Ended FY2023) - YoY Comparison

The company has reported total income of Rs.158.5166 crores during the 9 Months period ended December 31, 2022 as compared to Rs.117.5213 crores during the 9 Months period ended December 31, 2021.

The company has posted net profit / (loss) of Rs.4.8260 crores for the 9 Months period ended December 31, 2022 as against net profit / (loss) of Rs.2.8343 crores for the 9 Months period ended December 31, 2021.

The company has reported EPS of Rs.20.19 for the 9 Months period ended December 31, 2022 as compared to Rs.11.86 for the 9 Months period ended December 31, 2021.

Financials	9 Months Ended FY2023	9 Months Ended FY2022	% Change
Total Income	₹158.5166 crs	₹117.5213 crs	34.88%
Net Profit	₹4.8260 crs	₹2.8343 crs	70.27%
EPS	₹20.19	₹11.86	70.24%

Shares of INTERNATIONAL COMBUSTION (INDIA) LTD. was last trading in BSE at Rs. 331.20 as compared to the previous close of Rs. 322.55. The total number of shares traded during the day was 1874 in over 38 trades.

The stock hit an intraday high of Rs. 337.50 and intraday low of 325.50. The net turnover during the day was Rs. 626522.00.

Source : Equity Bulls

Keywords

InternationalCombustionIndia Q3FY23 9MFY23 ResultUpdate