Fervent Synergies Ltd Q3FY23 profit higher at Rs. 13.60 lakhs

FERVENT SYNERGIES 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. 3.2742 crores during the period ended December 31, 2022 as compared to Rs. 0.2315 crores during the period ended September 30, 2022.

The company has posted net profit / (loss) of Rs. 0.1360 crores for the period ended December 31, 2022 as against net profit / (loss) of Rs. 0.0459 crores for the period ended September 30, 2022.

The company has reported EPS of Rs. 0.05 for the period ended December 31, 2022 as compared to Rs. 0.02 for the period ended September 30, 2022.

Financials	Q3 FY2023	Q2 FY2023	% Change
Total Income	₹3.2742 crs	₹0.2315 crs	1,314.34%
Net Profit	₹0.1360 crs	₹0.0459 crs	196.30%
EPS	₹0.05	₹0.02	150.00%

Financial Results (Q3 FY2023) - YoY Comparison

The company has reported total income of Rs.3.2742 crores during the period ended December 31, 2022 as compared to Rs.0.2225 crores during the period ended December 31, 2021.

The company has posted net profit / (loss) of Rs.0.1360 crores for the period ended December 31, 2022 as against net profit / (loss) of Rs.-0.0273 crores for the period ended December 31, 2021.

The company has reported EPS of Rs.0.05 for the period ended December 31, 2022 as compared to Rs.-0.01 for the period ended December 31, 2021.

Financials	Q3 FY2023	Q3 FY2022	% Change
Total Income	₹3.2742 crs	₹0.2225 crs	1,371.55%
Net Profit	₹0.1360 crs	₹-0.0273 crs	598.17%
EPS	₹0.05	₹-0.01	600.00%

Financial Results (9 Months Ended FY2023) - YoY Comparison

The company has reported total income of Rs.3.7407 crores during the 9 Months period ended December 31, 2022 as compared to Rs.0.68 crores during the 9 Months period ended December 31, 2021.

The company has posted net profit / (loss) of Rs.0.2280 crores for the 9 Months period ended December 31, 2022 as against net profit / (loss) of Rs.0.0098 crores for the 9 Months period ended December 31, 2021.

The company has reported EPS of Rs.0.08 for the 9 Months period ended December 31, 2022 as compared to Rs.0.0032 for the 9 Months period ended December 31, 2021.

Financials	9 Months Ended FY2023	9 Months Ended FY2022	% Change
Total Income	₹3.7407 crs	₹0.68 crs	450.10%
Net Profit	₹0.2280 crs	₹0.0098 crs	2,226.53%
EPS	₹0.08	₹0.0032	2,400.00%

Shares of FERVENT SYNERGIES LTD. was last trading in BSE at Rs. 14.90 as compared to the previous close of Rs. 15.19. The total number of shares traded during the day was 4760 in over 31 trades.

The stock hit an intraday high of Rs. 15.70 and intraday low of 14.05. The net turnover during the day was Rs. 68563.00.

Source : Equity Bulls

Keywords

FerventSynergies Q3FY23 9MFY23 ResultUpdate