Stock Report

Ritesh International Ltd Q3 FY23 profit declines to Rs. 8.40 lakhs



Posted On : 2023-02-02 18:49:29( TIMEZONE : IST )

Ritesh International Ltd Q3 FY23 profit declines to Rs. 8.40 lakhs

RITESH INTERNATIONAL 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. 24.6026 crores during the period ended December 31, 2022 as compared to Rs. 32.2861 crores during the period ended September 30, 2022.

The company has posted net profit / (loss) of Rs. 0.0840 crores for the period ended December 31, 2022 as against net profit / (loss) of Rs. 0.5059 crores for the period ended September 30, 2022.

The company has reported EPS of Rs. 0.10 for the period ended December 31, 2022 as compared to Rs. 0.59 for the period ended September 30, 2022.

Financials Q3 FY2023 Q2 FY2023 % Change
Total Income ₹24.6026 crs ₹32.2861 crs Up Tick / Down Tick-23.80%
Net Profit ₹0.0840 crs ₹0.5059 crs Up Tick / Down Tick-83.40%
EPS ₹0.10 ₹0.59 Up Tick / Down Tick-83.05%

Financial Results (Q3 FY2023) - YoY Comparison

The company has reported total income of Rs.24.6026 crores during the period ended December 31, 2022 as compared to Rs.36.1340 crores during the period ended December 31, 2021.

The company has posted net profit / (loss) of Rs.0.0840 crores for the period ended December 31, 2022 as against net profit / (loss) of Rs.0.6236 crores for the period ended December 31, 2021.

The company has reported EPS of Rs.0.10 for the period ended December 31, 2022 as compared to Rs.0.73 for the period ended December 31, 2021.

Financials Q3 FY2023 Q3 FY2022 % Change
Total Income ₹24.6026 crs ₹36.1340 crs Up Tick / Down Tick-31.91%
Net Profit ₹0.0840 crs ₹0.6236 crs Up Tick / Down Tick-86.53%
EPS ₹0.10 ₹0.73 Up Tick / Down Tick-86.30%

Financial Results (9 Months Ended FY2023) - YoY Comparison

The company has reported total income of Rs.106.9290 crores during the 9 Months period ended December 31, 2022 as compared to Rs.93.3718 crores during the 9 Months period ended December 31, 2021.

The company has posted net profit / (loss) of Rs.2.2922 crores for the 9 Months period ended December 31, 2022 as against net profit / (loss) of Rs.1.4042 crores for the 9 Months period ended December 31, 2021.

The company has reported EPS of Rs.2.68 for the 9 Months period ended December 31, 2022 as compared to Rs.0.56 for the 9 Months period ended December 31, 2021.

Financials 9 Months Ended FY2023 9 Months Ended FY2022 % Change
Total Income ₹106.9290 crs ₹93.3718 crs Up Tick / Down Tick14.52%
Net Profit ₹2.2922 crs ₹1.4042 crs Up Tick / Down Tick63.24%
EPS ₹2.68 ₹0.56 Up Tick / Down Tick378.57%

Shares of RITESH INTERNATIONAL LTD. was last trading in BSE at Rs. 67.85 as compared to the previous close of Rs. 67.85. The total number of shares traded during the day was 5382 in over 124 trades.

The stock hit an intraday high of Rs. 71.00 and intraday low of 67.70. The net turnover during the day was Rs. 372139.00.

Source : Equity Bulls

Keywords

RiteshInternational Q3FY23 9MFY23 ResultUpdate